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Real wage growth and inflation rollover in US pushing aside recession fears in 2024
FRIDAY, SEPTEMBER 22, 2023
LGT, an international private banking and asset management group, sees real wage growth and inflation rollover in the US pushing aside recession fears in 2024. It also identified other soft landing economic trends that could be good news for global investors.
Mounting cost of living concerns have big impact on Thais' purchase decisions
FRIDAY, SEPTEMBER 22, 2023
Nielsen data shows that 57% of Thai people feel that their income is insufficient for their expenses. And only 1 in 3 Thai people are not afraid of being fired in a recession.
Private sector fears Fed interest rates hike may spark recession
MONDAY, JUNE 05, 2023
The Thai Chamber of Commerce is concerned about rising interest rates, which are impacting the global money and capital markets and having a negative effect on Thai exports as the purchasing power of US consumers has declined.
KBank and Lombard Odier identifies turning points as global economy likely to head for a mild recession
THURSDAY, FEBRUARY 09, 2023
They recommend increasing investments in fixed-income, global and China equities, and risk diversification through alternative assets
Thai economy will buck the global trend and fully recover next year: seminar
THURSDAY, DECEMBER 15, 2022
Economists and business leaders are optimistic that Thailand's economy will fully recover next year, thanks to foreign tourist inflows, but more transformation is required for the kingdom to achieve resurrection rather than just survive the recession.
Apec Summit 2022: Bracing for recession, striving for recovery
SUNDAY, NOVEMBER 13, 2022
World leaders at the Asia Pacific Economic Cooperation (Apec) summit will seek inclusive solutions to the current global turmoil over the next six days.
World Bank predicts rising risk of global recession in 2023 amid simultaneous rate hikes
FRIDAY, SEPTEMBER 16, 2022
The World Bank on Thursday said the world may be edging toward a global recession in 2023 and a string of financial crises in emerging market and developing economies that would do them lasting harm, as central banks across the world simultaneously hike interest rates in response to inflation.
Expectations low as Truss is named new British PM
TUESDAY, SEPTEMBER 06, 2022
Britons on Monday said they hoped their new prime minister Liz Truss will enforce policy changes that will tackle the surging cost of living driven by soaring energy bills, industrial unrest, a looming recession and war in Ukraine.
Zero chance of recession or stagflation, Indian finance minister asserts
TUESDAY, AUGUST 02, 2022
Highlighting India’s robust economic health despite the pandemic and the geo-political situation, India’s Finance Minister Nirmala Sitharaman on Monday said there was no question of India getting into stagflation or recession like other major economies of the world.
Fed unveils 75-basis-point rate hike, Powell doesn't see US in recession
THURSDAY, JULY 28, 2022
US stocks rallied on Wednesday led by Nasdaq after the Federal Reserve raised its benchmark overnight interest rate by three-quarters of a percentage point and comments by Federal Reserve Chairman Jerome Powell reassured investors.
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