US politics

Trump supporters say prices too high, but president has cure

DONALD Trump may have dismissed US cost of living issues as a “hoax”, but his most loyal supporters are feeling the pinch - even if they still back the president to fix the problem.

Trump has embraced AI acceleration as central to American strategic dominance.

The fracturing of Maga and its implications for US policies

How trade, immigration, AI and foreign affairs are dividing Trump’s coalition

US Treasury Secretary Scott Bessent told NBC’s "Meet the Press" programme that parts of the US economy that are sensitive to interest rates, including housing, had been in recession, but he did not see the entire economy at risk of negative growth.

No recession risk for US economy as a whole after US$11 billion shutdown hit: Bessent

Bessent struck an upbeat tone, despite recent data showing a slowdown in US factory activity

The move, which is likely to face pushback from states, shows how far President Trump is willing to go to help AI companies overcome a patchwork of laws they say stifle innovation.

Trump considering executive order to preempt state AI laws

US PRESIDENT Donald Trump is considering an executive order that would seek to preempt state laws on artificial intelligence through lawsuits and by withholding federal funding, according to a draft o...

US Senate Minority Leader Chuck Schumer speaks during a press conference outside the Senate Chamber of the Capitol Building in Washington, Washington, D.C., Nov 19, 2025.

Trump faces moment of truth on explosive Epstein files

A BILL requiring the release of government records on Jeffrey Epstein headed Wednesday to Donald Trump for his signature, spurring a showdown over whether the US president will allow full disclosure -...

US President Donald Trump has accused Democrats of pushing an “Epstein hoax” after emails emerged in which the disgraced financier suggested Trump “knew about the girls”.

In reversal, Trump supports House vote to release Epstein files

US PRESIDENT Donald Trump said on Sunday he backed lawmakers’ efforts to release more files related to sex offender Jeffrey Epstein, despite his previous opposition to the measure.

The Malaysian ringgit is the best performing currency in Asia this year.

Shutdown over, is volatility just beginning?

US shutdown ends, AI stocks wobble, Japan shifts its fiscal strategy, and the ringgit surges. Emily Liu unpacks the week’s biggest market movers.

US President Donald Trump (centre) shows the signed bill package to re-open the federal government as the Speaker of the House Mike Johnson (left) and other Republican leaders applaud in the Oval Office of the White House in Washington, DC, Nov 12, 2025.

Trump signs bill to end record US government shutdown

He accused rival Democrats of “extortion” over the 43-day standoff

More than half of the line items reported in the monthly Consumer Price Index from the Labor Department were rising at more than a 3 per cent annualised rate as of the latest report for September, according to analysis by Apollo Global Management chief economist Torsten Slok.

Trump eyes more domestic travel to tout economic agenda, affordability

[WASHINGTON] US President Donald Trump plans more domestic travel to sell his administration’s efforts to drive down the cost of living, two people with knowledge of the matter said, as a top aide pro...