Showing 1 - 8 of 8
Year of Turbulence
Asia focus, Published on 27/12/2021
» Pandemic drags on recovery: In the early stages of the Covid-19 pandemic in 2020, many Asian countries had enviable success, avoiding large-scale outbreaks and mass deaths. But the arrival of the more transmissible Delta variant this year and sluggish vaccine rollouts compounded by low availability sent cases surging. Combined with poor monitoring and easy movement among countries, often unofficially, Southeast Asia became a virus hotspot. The ballooning health crisis collided with churning political discontent in the case of Myanmar, Thailand and Malaysia. Economically, the new wave of infections, and attendant restrictions imposed to curb the spread, stalled recoveries. After nearly two years of strict border controls, many countries started to loosen up and live with Covid. But the rise of the Omicron variant now threatens to scuttle those tentative reopening plans and usher in a third year of economic anxiety.
All eyes on Fed next week as global shares steady
Business, Published on 24/07/2021
» Recap: Global stocks had a volatile week before picking up on Friday. The MSCI World Index steadied after three days of gains. The market is looking ahead to next week's Federal Reserve meeting after the European Central Bank pledged on Thursday to continue with heavy stimulus spending. Emerging markets and Asian shares slid, pressured by coronavirus worries.
FFP was singled out
Oped, Postbag, Published on 14/03/2020
» Re: "It's not just about FFP", (PostBag, March 12). Khun Piya Samyan defends the Constitutional Court dissolving the Future Forward Party, because "it did violate the law regarding acquisition of income". This is about the "rule of law that is equally applied to all". I fully agree with Khun Piya that the law must be applied without fear or favour -- for if not, the government would be weaponising the law to slay its enemies, so to speak.
Worries about korea and france keep trade subdued
Business, Published on 24/04/2017
» Recap: Global stock markets were subdued earlier last week amid concerns over mounting geopolitical tension on the Korean peninsula and Sunday's first-round presidential election in France. However, sentiment for risk assets improved later as optimism spread about US tax reform. The Thai stock market moved back and forth amid a dearth of positive catalysts.
China rejects Taiwan as AIIB founding member
Published on 13/04/2015
» BEIJING/TAIPEI — Taiwan is not able to become a founding member of the Beijing-led Asian Infrastructure Investment Bank (AIIB) but is still welcome to become an ordinary member in the future, the Chinese government said on Monday.
For poor people: Loans, insurance, savings
Jon Fernquest, Published on 31/01/2012
» For the many poor people not able to use banks, Japan funds a program to provide them these essential services.
Burma: Hillary Clinton's historic visit
Jon Fernquest, Published on 02/12/2011
» Analysis of Hillary Clinton's historic visit to Burma by scholar Ernest Bower of the Centre for Strategic and International Studies (CSIS) in Singapore.