Showing 1 - 10 of 12
Trump warns of 10% tariff for ‘Anti-American’ Brics policies
Bloomberg, Published on 07/07/2025
» US President Donald Trump said he would put an additional 10% tariff on any country aligning themselves with “the Anti-American policies of BRICS,” injecting further uncertainty into global trade as the US continues to negotiate levies with many trading partners.
Trade and Middle East Conflicts Drive Oil Prices
Published on 25/06/2025
» From 1 April to 18 June 2025, ICE Brent crude oil prices declined by USD 5.68 per barrel compared to the previous quarter, averaging USD 69.28 per barrel. The drop followed an announcement by eight OPEC+ countries—Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman—to increase crude oil production from April to July 2025. The additional output, which totalled 1.37 million barrels per day, reversed earlier voluntary cuts. Saudi Arabia is now pushing for a full reinstatement of its 2.2 million barrels per day in voluntary cuts by September 2025 to regain global market share.
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.
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.
Global Oil Prices Drop Amid Economic and Geopolitical Pressures
Published on 12/12/2024
» Crude Oil Market Overview
Thai businesses are concerned about effect on oil prices, shipping costs and the local currency
Business, Post Reporters, Published on 14/10/2024
» Amidst a stagnant domestic economy, geopolitical tensions in the Middle East are regarded as a crucial factor that could greatly impact the Thai private sector as the war between Israel and Hamas drags on for over a year with no end in sight.
Domestic gold prices head for new high
Nareerat Wiriyapong, Published on 25/09/2024
» Domestic gold prices are on course to surpass the previous high of 42,150 baht per baht-weight (15.2 grammes) as global prices stayed near an all-time high, approaching $2,700 an ounce, say local traders.
Red Sea danger leads global oil buyers to switch markets
Bloomberg News, Published on 05/02/2024
» NEW YORK - The global oil market is looking increasingly local as militant attacks in the Red Sea and surging freight rates make supplies from closer to home more attractive.
Red Sea tension, US inflation weigh on trade
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 13/01/2024
» RECAP: Equity markets in Asia were mixed yesterday as the escalating conflict in the Red Sea region sent oil prices surging, while slightly higher-than-expected US inflation data did not dent investors' views on early and aggressive rate cuts in the US and Europe.
Hun Sen's Myanmar gamble
Asia focus, Nareerat Wiriyapong, Published on 17/01/2022
» I'm not a fan of Hun Sen, the strongman who has ruled Cambodia for more than 38 years. A co-premier from 1993-97 before seizing power in a 1997 coup, the Cambodian leader has won all subsequent elections while political rivals have been jailed or exiled and critical media crushed. His legacy appears secure now that his Cambodian People's Party has endorsed his eldest son, 44-year-old army commander Hun Manet, as "future prime minister".