Thai Middle Class Braced for Tax Hikes as Credit Rating Teeters Near ‘Junk’
Economists warn that short-term handouts are creating a fiscal trap for Thailand, threatening a credit downgrade…
Bulgaria is joining the euro. Here’s what it means for consumers and businesses
On New Year’s Day, Bulgaria will achieve its decades-old goal of joining the euro currency union and deepening…
Iran appoints new central bank governor after record currency fall and mass protests
TEHRAN, Iran — Iran on Wednesday appointed a new governor to the central bank after the former one…
Bank of Japan raises key interest rate to highest level since 1995
The Bank of Japan raised its key policy rate to a 30-year high on Friday to help curb…
Wall Street drifts after mixed data on the US economy
NEW YORK — Stocks are drifting on Wall Street following mixed data on the U.S. economy, which did…
Federal Reserve set to cut rate but may signal a pause to come
WASHINGTON — The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome Powell’s…
Asian shares are mixed as steady bond yields, rebound for bitcoin push US stocks higher
BANGKOK — Asian shares were mixed Wednesday after stocks on Wall Street held steadier as both bond yields…
US retailers are about to see if Black Friday benefits from a holiday halo effect
NEW YORK — NEW YORK (AP) — Black Friday bargains no longer tempt people to leave Thanksgiving tables…
Thai Cabinet Approves ‘FastPass’ to Unlock $13.7 Billion in Stalled Investment
The BOI will coordinate with key utilities, including the Energy Regulatory Commission (ERC) and various electricity authorities,…
It’s going to take a while for economic data to get back to normal
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox…
Trump is counting on AI, a big factor in Saudi meetings
WASHINGTON (AP) — President Donald Trump is increasingly counting on the tech sector and the development of artificial…
Japan’s economy contracts as exports get hit by US tariffs
TOKYO — Japan’s economy sank at an annualized rate of 1.8% in the July-September period, government data showed…