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Search Result for “fiscal stimulus package”

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OPINION

How Covid-19 disrupted the EU's integration

Oped, Published on 03/12/2020

» The second wave of Covid-19 infections has struck Europe harder than many expected. The hope of a V-shaped recovery has been replaced by the fear of a double-dip recession, implying that there will be no quick return to normal European Union budget rules. More worryingly, Europe now finds itself forced into a tradeoff between two objectives, both of which are critical to its long-term viability as a supranational political and economic bloc. Now more than ever, the EU's commitment to the rule of law appears to be on the chopping block.

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WORLD

Japan exits recession as GDP grows 5.0% in Q3

AFP, Published on 16/11/2020

» TOKYO - Japan's economy exited recession in the third quarter, growing a better-than-expected 5.0 percent, government data showed Monday, following a record contraction.

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BUSINESS

Equities rally after Biden is declared winner of US vote

AFP, Published on 09/11/2020

» HONG KONG: Global stocks rallied with oil and high-yielding currencies Monday after Joe Biden was declared winner of the US election at the weekend, lifting a major source of uncertainty, while traders are hoping lawmakers will now focus on passing a new stimulus for the world's biggest economy.

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BUSINESS

US markets set to welcome Biden victory

AFP, Published on 09/11/2020

» NEW YORK: US markets appeared ready to welcome the election of Joe Biden, with futures for the major New York Stock Exchange indices rising on Sunday evening ahead of the week's trading.

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BUSINESS

Buying opportunities for the long term

Business, Published on 07/11/2020

» The SET Index will likely remain volatile in November, having slipped below 1,200 points in late October before recovering in recent days. Earnings reporting, which is set to end at mid-month, is expected to play a crucial role in determining market direction, apart from the ongoing pro-democracy protests.

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BUSINESS

Bigger deficits ahead

Business, Published on 22/10/2020

» Thailand is set to run relatively wide budget deficits over the coming years, as the government seeks to support the economy amid the headwinds from the pandemic and a downturn in external demand.

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BUSINESS

FTI urges caution in carrying out new emergency decree

Business, Ranjana Wangvipula, Published on 16/10/2020

» The use of an emergency decree is aimed at crowd control and averting economic losses, says the newly appointed finance minister, but a business group is urging caution over how the measure is carried out.

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BUSINESS

US banks report good earnings, but warn of hit if no more stimulus

AFP, Published on 14/10/2020

» NEW YORK: Large US banks reported better-than-expected results Tuesday on an improving economy, but cautioned that the recovery could falter if Washington fails to enact new stimulus measures.

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BUSINESS

Finance minister has four main tasks

Business, Wichit Chantanusornsiri, Published on 13/10/2020

» Newly appointed Finance Minister Arkhom Termpittayapaisith is prioritising four criteria to manage the economy and admits there is a possibility the government will seek more loans given waning domestic and external demand.

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BUSINESS

Sluggish recovery

Business, Published on 12/10/2020

» Assurance of a gradual economic recovery has been repeated by Thailand's financial authorities using empirical evidence, but the reality on the ground reveals more pain in the near term.