Showing 1 - 10 of 19
US economy returns to growth amid tariff turbulence
AFP, Published on 30/07/2025
» WASHINGTON - The US economy returned to growth in the second quarter, government data showed Wednesday, as analysts warned of distortions due to shifting trade flows over President Donald Trump’s tariffs.
US Fed poised to hold off on rate cuts, defying Trump pressure
AFP, Published on 27/07/2025
» WASHINGTON - The US central bank is widely expected to hold off slashing interest rates again at its upcoming meeting, as officials gather under the cloud of an intensifying pressure campaign by President Donald Trump.
CRC bags Rev Edition stake
Business, Kuakul Mornkum, Published on 25/09/2024
» CRC Sports, a subsidiary of SET-listed Central Retail Corporation (CRC) and the operator of sports retailer Supersports, announced its acquisition of a majority stake in Rev Edition Co Ltd, a distributor and importer of sports performance and lifestyle brands.
Asian markets rose as US inflation soothes rate fears for now
AFP, Published on 14/09/2023
» HONG KONG - A mixed inflation report in the United States boosted Asian markets Thursday as it soothed fears of a possible Federal Reserve interest rate hike next week, though the still hot reading left open the possibility of one more before year's end.
Tesla opens floodgates for automated driving
Bloomberg News, Published on 24/11/2022
» Tesla Inc is making its controversial driver-assistance system available to customers previously deemed not safe enough behind the wheel to test it out on its electric cars.
US Fed opens policy meeting with steep rate hike on the table
AFP, Published on 21/09/2022
» WASHINGTON: US central bankers opened their two-day policy meeting on Tuesday with another steep interest rate hike seen as a near certainty amid stubbornly high inflation.
Is recession the only way out of US inflation scourge?
AFP, Published on 17/06/2022
» WASHINGTON: A massive interest rate hike by the US Federal Reserve and promises of more to come are fueling warnings that the only offramp from the searing price hikes engulfing American families is a full-blown recession.
Solid job growth continues in recovering US economy
AFP, Published on 07/05/2022
» WASHINGTON: From bars to factories to warehouses, American businesses hired staff with vigor in April as the US economy recovers from the damage done by Covid-19 while grappling with inflation that has hit the highest rate in decades.
US sees biggest annual inflation jump since 2008
AFP, Published on 14/07/2021
» WASHINGTON: The United States saw its biggest surge in inflation in more than a decade last month, according to government data released Tuesday, hitting consumers and challenging the White House and Federal Reserve narrative that the price spike will fade in the coming months.
US Fed expected to stand its ground despite rising inflation
AFP, Published on 13/06/2021
» WASHINGTON: Even in the face of rising inflation, the lacklustre progress on restoring jobs lost during the pandemic means the US Federal Reserve is unlikely to budge on monetary policy when it meets next week.