Showing 1 - 10 of 85
Trump effectively pulls US out of global corporate tax deal
Reuters, Published on 21/01/2025
» WASHINGTON - President Donald Trump on Monday declared that a global corporate minimum tax deal "has no force or effect" in the US, effectively pulling America out of the landmark 2021 arrangement negotiated by the Biden administration with nearly 140 countries.
Yellen warns against extending Trump's first-term US tax cuts
AFP, Published on 16/01/2025
» WASHINGTON - US Treasury Secretary Janet Yellen warned Wednesday that plans to extend President-elect Donald Trump's 2017 tax cuts -- which remained in place under Joe Biden but are set to expire -- will add to unsustainable deficits.
Asian equities revive after slow start to 2025
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 04/01/2025
» RECAP: Asian stocks rose on Friday, aiming to shrug off a lacklustre start to 2025, while the dollar was steady near a two-year high as investors fret about United States interest rates staying higher for longer. Worries about tariffs and China's economy also kept a lid on gains.
Asian shares steady after US rally
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 26/10/2024
» RECAP: Asian equities were little changed yesterday after Wall Street rallied for the first time this week, powered by a jump in Tesla shares. Concerns about China's economy and a tight US presidential election dented Asian sentiment.
Asian rally continues in response to China stimulus
Business, Nuntawun PolkuamdeeNareerat Wiriyapong, Published on 28/09/2024
» RECAP: Stocks in Asia extended gains yesterday as risk appetite across financial markets got a further boost from a series of stimulus measures in China, where stock markets had their best week since 2008. A sharp fall in oil prices also bodes well for disinflation globally.
Asian shares extend rally sparked by Fed
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 21/09/2024
» RECAP: Asian shares extended their rally yesterday in the afterglow of an outsized US interest rate cut, while the yen edged higher as the Bank of Japan held rates steady and stayed upbeat on the economy.
US weighs upgrade for Vietnam to 'market economy' status
Reuters, Published on 08/05/2024
» WASHINGTON: US President Joe Biden's bid to draw Vietnam closer as a strategic ally will clash head-on with his desire for union workers' votes on Wednesday as the Commerce Department hears testimony on whether to designate Vietnam as a "market economy".
US and China ‘to discuss EV overproduction’
Kyodo News and Online Reporters, Published on 06/04/2024
» The United States and China have agreed to launch talks on “balanced growth” in their domestic economies as well as globally.
Asian equity rally powered by rate-cut optimism
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 16/12/2023
» RECAP: Most Asian equities extended their rallies yesterday, while currencies held onto recent gains amid a bout of Fed-fuelled optimism, after the US central bank flagged likely rate cuts next year.
Yellen urges China to shift from 'unfair' state-driven economic policy
AFP, Published on 15/12/2023
» WASHINGTON - United States Treasury Secretary Janet Yellen called Thursday for China to shift from a state-driven approach in economic policy, saying that this can discourage investors.