China has implemented 84% tariffs on US products in response to Donald Trump’s trade war, while Trump has suspended steep reciprocal tariffs on other countries but not China. This move has brought relief to markets following a volatile period, with the suspension of tariffs being announced suddenly after the most significant financial market turbulence since the start of the pandemic.
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Philip Yeo to step down as CDL director at the end of July
Mr. Philip Yeo will retire from his position as a director of City Developments Limited (CDL) on July 31 after 16 years, with no unresolved differences noted in CDL's board. His retirement follows a recent boardroom dispute involving CDL's executive chairman and his son, which included accusations and a lawsuit that was later dropped, highlighting tensions within the company's leadership. Explain It To Me Like I'm 5: Philip Yeo is retiring from his job at...
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