China's largest political event of the year begins in Beijing on Tuesday, as US tariffs cast a cloud over closed-door meetings involving thousands of delegates from across the country. It is also facing more US tariffs,

Servers used in a fraud case that Singapore announced last week were supplied by U.S. firms and may have contained Nvidia's advanced chips, a government minister said on Monday.

Singapore authorities have initiated an investigation into potential fraudulent activities related to the shipment of Nvidia Corp. (NASDAQ: NVDA) chips. The chips, which are banned in China, were reportedly shipped to Malaysia via servers from Dell Technologies Inc.

MP Vikram Nair highlighted the shifts in major power alliances and wanted to know how they would impact Singapore. He asked if there are any opportunities for Singapore in what appears to be much less certain world.

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Singapore stands at a pivotal moment in its foreign relations, particularly in balancing its ties with the US and China, said MP Rachel Ong. As a small nation reliant on global stability, Singapore must carefully navigate the intensifying competition between these two major powers,

Iron ore futures experienced a decline for the sixth consecutive session on Monday amid escalating tensions between the US and China.

Iron ore futures prices fell on Friday and were set for monthly losses, pressured by U.S. tariff concerns and mounting trade frictions against Chinese steel exports.