GlobalEconomics

Incoming ADB Chief Kanda Monitors US Policy Amid Trump’s Potential Return

17 days ago

As the incoming president of the Asian Development Bank (ADB), Masatsugu Asakawa has made it clear that he will be keeping a close watch on the changing political landscape in the United States. With the potential for Donald Trump to re-enter the political arena and run for president in the upcoming 2024 elections, Kanda is acutely aware of how US policy and leadership decisions could have significant ramifications for Asia's economic stability and development initiatives.

Thai Central Bank Commits to Strong Policies Amid Economic Uncertainty

20 days ago

The Bank of Thailand has reaffirmed its commitment to implementing robust monetary policies to navigate ongoing global economic challenges. In a recent statement, central bank Governor Sethaput Suthiwartnarueput emphasized the need for vigilance in response to rising inflation and fluctuating market conditions darkened by international uncertainties.

Trump Set to Appoint Greer as New U.S. Trade Representative

26 days ago

In a strategic move that signals a potential pivot in international trade relations, former President Donald Trump is reportedly preparing to announce the appointment of Andrew Greer as the new U.S. Trade Representative. This decision comes amid ongoing discussions about the United States' trade policies and relationships with key global partners.

RBA Maintains Key Interest Rate Amid Persistent Inflation and Global Uncertainties

2 months ago

The Reserve Bank of Australia (RBA) has decided to maintain its key interest rate, a strategic move aimed at countering the impact of persistent inflation and various global economic risks. As global economies remain tumultuous, the central bank faces the intricate challenge of balancing domestic economic stability with the volatile international landscape.

Swiss Wage Growth Stabilizes Just Below 2%, SNB Researchers Reveal

3 months ago

Researchers in the Swiss National Bank have just established that wage growth in Switzerland stabilized at just under 2% in a recent study. This conclusion has been made amidst continuous assessments of economic stability and labor market conditions in the nation. The wage growth, the research indicates, reaches a reasonable yet stable rise-a signal that the economy of Switzerland is resilient to global economic challenges.