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BUSINESS

Trump hits Iran trade partners with tariffs as protest deaths soar

AFP, Published on 13/01/2026

» US President Donald Trump announced a 25% tariff on any country doing business with Iran, ramping up pressure as a rights group estimated a crackdown on protests in the country has killed at least 648 people.

BUSINESS

Trump praises Fed chair Powell, vows not to remove him

Business, Andrea Shalal of Reuters, Published on 06/05/2025

» WASHINGTON - US President Donald Trump said he will not remove Jerome Powell as Federal Reserve Board chairman before his term ends in May 2026 while describing the central banker as "a total stiff" and repeating calls for the Fed to lower interest rates.

BUSINESS

Asean won't retaliate to Trump tariffs

Reuters and AFP, Published on 10/04/2025

» KUALA LUMPUR — Southeast Asian countries are pressing for dialogue with the United States on trade tariffs and will not impose retaliatory measures, economic ministers of the Association of Southeast Asian Nations (Asean) stated on Thursday.

BUSINESS

Thailand says US tariff pause gives more time for response

Bloomberg, Reuters and AFP, Published on 10/04/2025

» Thailand has prepared more economic stimulus focused on creating jobs, Finance Minister Pichai Chunhavajira said on Thursday, adding that a 90-day pause on US tariffs announced overnight would give officials more time to prepare a response.

BUSINESS

How a key ingredient in Coca-Cola is smuggled out of Sudan

Business, Richa Naidu and Khalid Abdelaziz of Reuters, Published on 05/03/2025

» LONDON/DUBAI - Gum arabic, a vital ingredient used in everything from Coca-Cola to M&M's candy, is increasingly being trafficked from rebel-held areas of war-torn Sudan, traders and industry sources say, complicating Western companies' efforts to insulate their supply chains from the conflict.

BUSINESS

Korean Air buys majority stake in rival Asiana Airlines

AFP, Published on 12/12/2024

» South Korea's flag carrier Korean Air said on Thursday it had bought a majority stake in rival Asiana Airlines for $1 billion, making it the effective owner four years after first expressing its takeover intentions.

BUSINESS

INSIGHT: Low resale value threat to leasing model behind Europe's EV drive

Nick Carey of Reuters, Published on 13/08/2024

» LONDON - Low resale values for electric cars have pushed the leasing firms that drive Europe's auto market to double prices over the last three years and some are threatening to quit the business altogether if regulators force them to go electric too fast, industry executives say.

BUSINESS

Musk loses $56bn case to heavy metal drummer

Business, Tom Hals of Reuters, Published on 05/02/2024

» WILMINGTON, DELAWARE: Elon Musk suffered one of the biggest legal losses in US history last week when the Tesla CEO was stripped of his $56 billion pay package in a case brought by an unlikely opponent, a former heavy metal drummer.

BUSINESS

Chinese censors target economic ‘doomsayers’

By Daisuke Wakabayashi and Claire Fu, The New York Times, Published on 31/01/2024

» China’s top intelligence agency issued an ominous warning in December about an emerging threat to the country’s national security: Chinese people who criticise the economy.

BUSINESS

New members bring industry experience to BoT rate policy panel

Suttinee Yuvejwattana of Bloomberg News, Published on 08/11/2023

» The addition of two new members to the Bank of Thailand’s interest-rate-setting panel promises to bring a fresh perspective to the central bank, traditionally known for its unanimous decisions.