Showing 1 - 10 of 1,395
US fiscal state is everyone's issue
Oped, Published on 28/05/2025
» As Donald Trump's "big, beautiful" tax bill heads to the US Senate, investors everywhere are growing increasingly uneasy. On May 16, the credit-rating agency Moody's downgraded US sovereign debt from its long-held triple-A status to Aa1 -- following similar decisions by Standard & Poor's (in 2011) and Fitch Ratings (2023). Given the sheer volume of US debt -- which now stands at $36 trillion, or 124% of GDP -- and rising interest costs, these institutions have concluded that US debt metrics are no longer in line with those of similarly rated sovereigns.
How to invest in a changing world order
Business, Published on 24/05/2025
» The global economy and investment landscape is undergoing major transformations, especially following US President Donald Trump's tariff announcements on April 2, which have reshaped the world trade order.
Global gold edges lower as haven demand from Moody’s downgrade fades
Published on 20/05/2025
» Gold edged lower on Tuesday as the haven-demand boost from Moody’s Ratings downgrade of the United States faded, and attention turned back to the easing of trade tensions between the two largest economies.
Digital handout on hold
News, Wichit Chantanusornsiri, Published on 20/05/2025
» The government has postponed the third phase of the 10,000-baht handout programme to instead spend the funds on solving structural issues and investing in infrastructure projects, insisting the project is not scrapped but only delayed.
Gold price still capable of reaching B60,000, say Thai traders
Business, Published on 20/05/2025
» Despite a recent correction, the domestic gold price in Thailand remains on course to reach 60,000 baht per baht-weight, traders say, as they caution that a high degree of volatility is on the horizon.
Thailand slashes growth forecast on impact of trade war
Published on 19/05/2025
» Thailand significantly lowered its forecast for economic growth this year as the global trade war undercuts private investment and exports, adding to already-weak consumption at home.
Thai economy saw Q1 boost ahead of higher US tariffs
Bloomberg News, Published on 19/05/2025
» Thailand’s economy grew at a faster-than-expected pace last quarter as businesses front-loaded orders in a bid to avoid the Trump administration’s threatened 36% tariff. Gross domestic product in the January-March period rose 3.1% from a year earlier, the National Economic and Social Development Council said on Monday.
Midpoint of Trump tariff hiatus to reveal increasingly unsettled world
Published on 19/05/2025
» Reports in the coming week may give the fullest reading to date of how major economies are faring with trade disruptions, halfway through US President Donald Trump’s 90-day hiatus on so-called reciprocal tariffs.
US loses last triple-A credit rating as Moody's cuts on growing government debt
AFP, Published on 17/05/2025
» WASHINGTON — The United States lost its last triple-A credit rating from a major agency on Friday as Moody's announced a downgrade, citing rising levels of government debt and dealing a blow to Donald Trump's narrative of economic strength and prosperity.
Baht bucks trends
Oped, Postbag, Published on 17/05/2025
» Re: "Baht poised to weaken further", (Business, May 14) and "Foreigners get keen on Thai markets", (Business, May 13).