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Search Result for “trade tensions”

Showing 1 - 10 of 20

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WORLD

Xi, Putin score wins as more Asia leaders aim to join Brics

Bloomberg News, Published on 21/06/2024

» SINGAPORE - As Russian President Vladimir Putin and Chinese Premier Li Qiang wrapped up separate meetings in Southeast Asia this week, the two partners in the Brics economic bloc encountered a region keen to join a group seen as a hedge against Western-led institutions.

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THAILAND

Budget will 'jump-start' growth

News, Aekarach Sattaburuth, Published on 20/06/2024

» Prime Minister Srettha Thavisin outlined the 3.75-trillion-baht budget bill for the 2025 fiscal year aimed at jump-starting Thailand's sluggish economy as the House of Representatives began a three-day debate.

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WORLD

Tibet government in exile says US law pressures China to talk

Bloomberg News, Published on 18/06/2024

» DHARAMSHALA - A new US law on Tibet and a high-profile visit by American lawmakers to the region will put pressure on China to engage with the government in exile, a top official said.

GENERAL

DUP/Index drops to a 7-month low in May

Business, Phusadee Arunmas, Published on 14/06/2024

» The consumer confidence index (CCI) reached its lowest point in seven months in May, with the decline attributed to political uncertainty, a slow rate of economic recovery, higher living costs, and mounting geopolitical tensions, according to a survey carried out by the University of the Thai Chamber of Commerce (UTCC).

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GENERAL

Gold rush grips Asia despite near-record prices

Published on 13/06/2024

» SINGAPORE - Demand for gold in Asia is surging despite prices hovering near the record highs it hit in May, industry officials say, as buyers snap up the metal to hedge against geopolitical and economic uncertainty.

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MOTORING

Chinese EV makers' price wars will sow doubts over quality

South China Morning Post, Published on 13/06/2024

» BEIJING - Price competition among Chinese electric vehicle (EV) makers abroad is not sustainable since consumers will start to doubt the quality and reliability of the cars if they are frequently discounted, according to Bain & Co.

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GENERAL

Factory closures a growing concern

Business, Somruedi Banchongduang, Published on 12/06/2024

» Kiatnakin Phatra Financial Group (KKP) has expressed growing concern over the weakening of Thailand's manufacturing sector after a surge in factory closures.

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OPINION

How Sino-American rivalry reshapes world order

Oped, Published on 12/06/2024

» Tensions between the United States and China continue to flare, even as Treasury Secretary Janet Yellen, Secretary of State Antony Blinken, and several other senior US officials visit the country for talks. The two sides may disagree on most things, but maintaining dialogue is an essential part of geopolitics. The breakdown in communication last year, following visits to Taiwan by prominent American politicians and the US downing of a Chinese spy balloon, was dangerous and destabilising, because when adversaries do not engage, misperceptions -- and the risk of a clash -- mount.

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OPINION

A spark of hope for India-Pakistan ties

Oped, Published on 12/06/2024

» Despite the long-standing tensions between India and Pakistan, India's recent general election, which saw a narrow victory for the Bharatiya Janata Party (BJP), has seen some analysts become more optimistic about better bilateral relations between the nations.

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GENERAL

Political uncertainties drive stocks down to four-year low

Business, Nuntawun Polkuamdee, Published on 11/06/2024

» Thai stocks plunged to a four-year low on Monday as investors fretted over political uncertainties, with the market awaiting the Constitutional Court's decision on the status of Prime Minister Srettha Thavisin and his cabinet.