Thailand Puts New Trade Proposal for the US on the Table
Thailand has shared an updated trade proposal with the United States to avoid a potential 36% tariff on its exports, according to Finance Minister Pichai Chunhavajira. In an interview with Bloomberg News, he explained that the plan aims to strengthen bilateral trade and reduce Thailand’s $46 billion trade surplus with
Bank of Japan Set to Create New Record with Rate Hike
In recent events, Reuters mentioned that the Bank of Japan (BOJ) is expected to increase interest rates to record-high levels in the last 17 years when US President-elect Donal Trump takes office. This move will lift the borrowing cost in Japan to record high levels since the 2008 financial crisis.
Japan’s High-Speed Fibre is Heading to the USA!
Recently, Tokyo announced that it will promote light-based telecommunications technology to U.S. tech giants. According to Nikkei Asia, the Ministry of Internal Affairs and Communication will extend its support to Japanese companies like Nippon Telegraph & Telephone and tech group Fujitsu, which are candidates for participation in opening a demonstration
The Trump Effect! Softbank will invest $100 Bn in the US!
The newly elected president of the United States, Donald Trump, announced that Softbank will be investing $100 Bn into the future of America. According to Aljazeera, in a joint appearance with the CEO of Softbank Masayoshi Son, Donald Trump announced the investment plan to create 1,00,000 jobs focused on AI
China Plans to Establish Bilateral Trade Talks with USA
Vice Minister of Commerce Wang Shouwen mentioned that they are looking forward to an active dialogue with America to promote the development of bilateral economic and trade relations. Wang, who also serves as China’s International Trade Representative, stated that China is capable of “resolving and resisting” the effects of external
Trump’s Return: A Blessing or a Curse for India?
Donald Trump won the 2024 presidential election and has become one of the two American leaders to reside in the White House after completing their terms. After his monumental win in this presidential election, investors are already anticipating what policy might be and how it will reshape the American economy
The China-U.S. Rivalry Favours ASEAN’s Economic Rise
The geopolitical tension between the two largest economies, the USA and China, has greatly benefitted the ASEAN (Association of Southeast Asian Nations) Economies. According to the data the International Monetary Fund (IMF) shared, ASEAN nations have long benefited from decades of globalisation, building strong trade links with China and the
