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Search Result for “slump”

Showing 1 - 10 of 3,620

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OPINION

China believes it is winning Trump's trade war

Oped, Published on 17/07/2025

» The most recent trade talks between the United States and China in Geneva and London provided little more than temporary relief in the conflict between the world's two largest economies. Despite US President Donald Trump's efforts to tout the stopgap measures as a "deal" that benefits America, China reads the scoreboard differently -- and believes it is winning. From its vantage point, it has weathered the storm and emerged more confident, more self-reliant, and more convinced that its long game is paying off.

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GENERAL

World Bank downgrades Thai growth

Business, Somruedi Banchongduang, Published on 04/07/2025

» The World Bank has reduced Thailand's economic growth forecast to 1.8% for this year and 1.7% for 2026, citing mounting global and domestic challenges.

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LIFE

Redefining dining

Life, Nianne-Lynn Hendricks, Published on 27/06/2025

» In recent months, the restaurant industry has seen a 40% decrease in consumer spending, according to Thanivarn Kulmongkol, president of the Thai Restaurant Association.

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OPINION

Reshuffle casts cloud

Oped, Editorial, Published on 19/06/2025

» Now that a cabinet reshuffle is inevitable for the Paetongtarn Shinawatra government, the prospective changes are aimed primarily at solving political problems with regard to the government's nose-diving popularity, rather than tackling the real crises facing the country, such as the protracted economic slump, social maladies and border conflicts with Cambodia.

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GENERAL

Tourism dip fuels worst stock drop in Asia at Thai airport firm

Published on 17/06/2025

» Thailand’s post-Covid flood of tourists has turned into more of a trickle, adding to concerns for Airports of Thailand Plc (AoT) as it grapples with shrinking duty-free sales without a full-time chief executive officer. 

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GENERAL

Stocks drop, gold and oil up as Israel hits Iran

Bloomberg News, Published on 13/06/2025

» SINGAPORE — Stocks fell along with equity-index futures and investors rushed to the safety of haven assets after Israel attacked Iran’s nuclear programme sites in a major escalation of tensions in the Middle East. Crude oil jumped 11%, the biggest move in more than three years.

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GENERAL

Tourism slump hammers restaurants

Business, Kuakul Mornkum, Published on 13/06/2025

» Every type of eatery is struggling this year as the economy and tourism slow, says renowned Thai chef and restaurateur Thitid Tassanakajohn, also known as Chef Ton.

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MOTORING

French Tesla customers sue over brand becoming 'extreme right'

AFP, Published on 11/06/2025

» PARIS — Around 10 French clients with leases on Teslas are suing the US carmaker, run by Elon Musk, because they consider the vehicles to be "extreme-right" symbols, the law firm representing them said on Wednesday.

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INVESTMENT

Krungsri cuts SET outlook to 1,418

Business, Nuntawun Polkuamdee, Published on 11/06/2025

» Krungsri Research has lowered its year-end Stock Exchange of Thailand (SET) index target to 1,418 points from a previous forecast of 1,660, reflecting a more conservative view of Thailand's economy, lower corporate earnings than expected, and global trade-related risks.

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GENERAL

China exports slow as trade war takes toll

AFP, Published on 09/06/2025

» BEIJING - Chinese exports grew slower than expected in May, according to official data Monday, as shipments to the United States tumbled amid global trade turmoil triggered by Donald Trump's tariff blitz.