International
China’s services growth hits 6-month low in December: private PMI
[BEIJING] China’s services activity expanded at its slowest pace in six months in December, as growth in new business softened and foreign demand declined, a private-sector survey showed on Monday.
Thai baht rally at risk as central bank curbs, elections weigh
A stronger currency risks hurting the country’s key export and tourism sectors
Trump’s Venezuela oil revival plan is a US$100 billion gamble
The country sits atop the world’s largest oil reserves
Japan’s factory activity steadies as demand declines slow: PMI
[TOKYO] Japan’s manufacturing activity stalled in December as demand declined at a slower pace from the previous month, a private-sector survey showed, ending a five-month streak of deterioration.
Indonesia tightens grip on resources with Switzerland-sized land grab
Tighter control of domestic resources has been a vital concern for the Prabowo administration
Why haven’t Trump’s tariffs had a bigger impact?
[WASHINGTON] President Donald Trump raised the taxes that the United States charges on imports last year to levels not seen in a century.
Maduro capture: What’s at stake for China’s economic interests in Venezuela
Maduro and his wife are currently in New York following air strikes by the US
Yellen warns of growing ‘fiscal dominance’ threat to US economy
The Congressional Budget Office has projected the federal deficit this year will be US$1.9 trillion
Oil prices slip on ample supply despite political turmoil in Venezuela
[SINGAPORE] Oil prices slipped in early Asian trade on Monday on ample supply despite concerns about political upheaval in Opec member Venezuela disrupting shipments.
The AI bubble will surely pop sometime, but it’s an irrational exercise to predict exactly when
Even US Federal Reserve chairman Jerome Powell has confessed that economic trends and the impact of AI are confusing him
