Thai business group cuts 2024 GDP growth forecast
Thailand’s economy is expected to grow between 2.2% and 2.7% this year, down from a previous forecast of 2.8% to…
Category: Economy
Modi shifts income goals for struggling farmers
Indian Prime Minister Narendra Modi has drawn up new targets to boost farmer incomes as he seeks to secure his…
China’s exports and imports return to growth, signalling demand recovery
BEIJING: China's exports and imports returned to growth in April after contracting in the previous month, signalling an encouraging improvement…
Japan’s helping hand in BoE June rate cut window
If worries about sterling were a factor preventing the Bank of England (BoE) cutting interest rates too far ahead of…
Philippines Q1 GDP grows 5.7% y/y
MANILA: The Philippine economy grew 5.7% in the first quarter from the same period last year, the statistics agency said…
China’s surging industrial loans aren’t going to its factories
As China’s industrial capacity emerged as a key trade issue, a surge in Chinese bank loans to the sector has…
Chip sector to shine bright in 2H
Analysts expect the technology sector to post a better second half (2H24) financial performance underpinned by an expected recovery in…
Penang unveils initiatives for three sectors
Penang has unveiled several initiatives to strengthen the state’s position as a global economic leader in three key sectors –…
US weekly jobless claims increase more than expected
WASHINGTON: The number of Americans filing new claims for unemployment benefits increased more than expected last week as the labor…