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WORLD

Germany warns of possible recession

AFP, Published on 19/08/2019

» FRANKFURT AM MAIN: The German economy could enter a recession in the third quarter, the Bundesbank warned Monday, as the debate on government measures to support the economy swelled in Berlin.

LIFE

Jeju, Bangkok, Da Nang top 3 travel picks for South Koreans

Pulse, Published on 19/08/2019

» Jeju Island at the southern tip, Bangkok and Vietnamese hide-out Da Nang are favourite destinations for South Koreans to spend during a holiday next month, with Japanese locations off the list amid diplomatic and trade row.

BUSINESS

Producers leaving China ‘positive factor’ for Thai economy

Bloomberg News, Published on 19/08/2019

» Thai officials glimpse a silver lining in the US-China trade war as companies such as Sony Corp move production to Southeast Asia’s second-largest economy.

BUSINESS

US economists expect recession in 2020 or 2021: survey

AFP, Published on 19/08/2019

» WASHINGTON: A majority of economists expect a US recession in the next two years, but have pushed back the onset amid Federal Reserve actions, according to a survey released Monday.

WORLD

Britain's Prince Andrew 'appalled' by Epstein abuse claims: report

AFP, Published on 19/08/2019

» LONDON: Britain's Prince Andrew has said he was "appalled" by allegations of sexual abuse surrounding Jeffrey Epstein after a video was released purporting to show him at the home of the convicted paedophile in 2010.

BUSINESS

Q2 GDP growth weakest since 2014

Bloomberg and Reuters, Published on 19/08/2019

» Thailand’s economy grew at the slowest pace in almost five years in the second quarter as exports and tourism deteriorated, buffeted by US-China trade tensions and the strong baht.

WORLD

Japan's trade surplus with US soars ahead of talks

AFP, Published on 19/08/2019

» TOKYO - Japan's politically sensitive trade surplus with the United States grew more than 15 percent in July, data showed Monday, as negotiators from the two economic powerhouses prepare to restart talks over a free trade deal.

WORLD

Crackdown in Hong Kong would harm trade deal: Trump

AFP, Published on 19/08/2019

» WASHINGTON: US President Donald Trump on Sunday warned China that carrying out a Tiananmen Square-style crackdown on Hong Kong pro-democracy protesters would harm trade talks between the two countries.

WORLD

Crackdown in Hong Kong would harm trade deal: Trump

AFP, Published on 19/08/2019

» WASHINGTON: US President Donald Trump on Sunday warned China that carrying out a Tiananmen Square-style crackdown on Hong Kong pro-democracy protesters would harm trade talks between the two countries.

BUSINESS

US and China seeking to revive trade talks: Trump advisor

AFP, Published on 19/08/2019

» WASHINGTON: Washington and Beijing are working to revive pivotal talks aimed at ending the trade war that has roiled world markets, Donald Trump's chief economic advisor said Sunday.