The Latest Breaking News from Economy

China’s war chest: how Beijing is using its currency to insulate against future sanctions

In the wake of sanctions on Russia, China has pushed to conduct more trade using the yuan in an effort to reduce its reliance on the dollar

The Guardian - UK · May 7, 2023

The critical first 100 days

Business leaders have begun to think about the outlook for Thailand in the first 100 days under a new administration, with the poll less than a week away.

Bangkok Post · May 7, 2023

Finance Minister Nirmala Sitharaman to review state of economy at FSDC meeting on May 8

Finance minister Nirmala Sitharaman will review the state of the economy amid global and domestic challenges at a meeting of the Financial Stability and Development Council (FSDC) on May 8. 

The Hindu · May 7, 2023

The Upcoming Presidential Election Poised For A 2020 Rematch As Biden Announces Re-Election Bid

Approval ratings for Biden remain low with questions on the economy and the possibility that the US could default on its debt.

Zenger · May 7, 2023

Budget and data to shed light on economy

New Treasury growth forecasts, to be included in the federal budget, and other data due this week are likely to shed light on the economy

The New Daily · May 6, 2023

Biden hopes strong job market means soft landing for economy

For President Joe Biden, the past few days have raised hopes that the U.S. economy can stick a soft landing—possibly avoiding a recession as the 2024 election nears

The Independent UK · May 6, 2023

Apple iPhone sales bolster Q1 results

Apple Inc's results beat expectations on Thursday, showing off the tech giant's resilience in a slowing global economy thanks to better-than-expected iPhone sales and notable inroads in India and other newer markets.

Bangkok Post · May 6, 2023

'New Welfarism' becoming India's soothing balm

During the height of the Covid-19 pandemic, many Indian economists and commentators believed the economy would skyrocket as soon as life returned to normal. But, despite the country's robust recovery in the two years since the pandemic's peak, the predicted boom has not materialised, nor does it seem imminent.

Bangkok Post · May 5, 2023

Thailand urged to focus on wellness

Thailand's health economy boasts very high growth potential as the world is increasingly aware of the importance of health and self-care, according to a Commerce Ministry study.

Bangkok Post · May 5, 2023

Short-term strategy recommended

We expect the SET Index to be volatile in May given the upcoming general election, earnings reporting season and market reaction to the Federal Reserve meeting.

Bangkok Post · May 5, 2023