Palestine Recognition Grows, US Softens Trade Line, Fed Steady, China Contracts

Headline news for July 31, 2025: Canada and European nations move toward recognizing Palestine amid the Gaza crisis. The US imposes tariffs on South Korea, easing trade tensions. The dollar strengthens as the Fed holds rates steady. China’s manufacturing contracts. Singapore’s growth outlook improves, avoiding recession.  Synopsis: A round up of global headlines to start your day by The Business Times.  Written by: Howie Lim / Claressa Monteiro ([email protected])  Produced and edited by: Claressa Monteiro Produced by: BT Podcasts, The Business Times, SPH Media --- Follow Lens On Daily and rate us on: Channel: bt.sg/btlenson Amazon: bt.sg/lensam Apple Podcasts: bt.sg/lensap Spotify: bt.sg/lenssp YouTube Music: bt.sg/lensyt Website: bt.sg/lenson Feedback to: [email protected] Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.  Discover more BT podcast series: BT Mark To Market at: bt.sg/btmark2mkt  WealthBT at: bt.sg/btpropertybt PropertyBT at: bt.sg/btmktfocus BT Money Hacks at: bt.sg/btmoneyhacks BT Market Focus at: bt.sg/btmktfocus BT Podcasts at: bt.sg/podcasts BT Branded Podcasts at: bt.sg/brpod BT Lens On: bt.sg/btlensonSee omnystudio.com/listener for privacy information.