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Opinion | Why Thailand needs economic reform, not stimulus

The government is seeking to inject short-term stimulus, but what Thailand really needs are measures that can enhance long-term productivity growth.

Japan , Thailand , Thai , John-maynard-keynes , Financial-crisis , Maynard-keynes , Great-depression , Asian-financial-crisis , Bank-of-thailand , Ovid-crisis , Dp-growth

Stock market today: US indexes drop as 1st-quarter GDP growth comes in weaker than expected

The US economy grew at an annualized rate of 1.6% in the first three months of the year, badly lagging expectations of 2.4%.

Texas , United-states , Quincy-krosby , Bureau-of-economic-analysis , Facebook , Federal-reserve , Economic-analysis , Texas-intermediate , Gdp-report , Asis-points , Conomic-growth , Conomic-slowdown

The economy seems weaker than advertised, and inflation is still running hot—it's the 'worst of both worlds'

David Donabedian, CIO of CIBC Private Wealth U.S., warned the spike in core inflation seen in the latest GDP report is a major setback for the economy and the Fed.

United-states , America , Paul-ashworth , David-russell , David-donabedian , William-blair , Jerome-powell , Jamie-dimon , Veronica-clark , Gregory-daco , Nasdaq , Bureau-of-economic-analysis

Hong Kong's economic growth depends on mindset shift, former leader CY Leung says citing trade, shipping services as focus areas

CY Leung identifies trade and shipping services as areas for city, in pursuing second- or third-tier mainland Chinese companies to set up offices.

University-of-hong-kong , Hong-kong-general- , Hong-kong , Singapore , China , Chinese , Lee-shu-kam , Terence-chong-tai-leung , Lau-chor-tak-institute-of-global-economics , Hong-kong-shue-yan-university-department , Chinese-university-asia-pacific-institute-of-business

Wall Street Humbled as Fast-Reversing Markets Confound the Pros

(Bloomberg) -- With inflation up, economic growth down and two-year Treasury yields testing 5%, Bill Gross sensed the music in markets was fading, and said it was time to get over the likes of the Magnificent Seven.Most Read from BloombergPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchBillionaire Stephen Ross Believes in South Florida—and Is Spending Big to

United-kingdom , United-states , America , Chris-zaccarelli , Emily-graffeo , Tiffany-wilding , Bloomberg-businessweek , Torsten-slok , Bill-gross , William-hobbs , Pimco , Nasdaq

The Chinese lesson to India: how can air pollution make or break your economy?

China’s example could be the helping hand India needs in fixing its pollution problem, while not affecting GDP.

Bucknell-university , Pennsylvania , United-states , Beijing , China , Boston , Massachusetts , United-kingdom , New-delhi , Delhi , India , Shanghai

Slow, but solid US economic growth anticipated in Q1; inflation likely heats up

U.S. economic growth likely slowed to a still-solid pace in the first quarter while inflation accelerated, reinforcing financial market expectations that the Federal Reserve would delay cutting interest rates until September. The Commerce Department's snapshot of first-quarter gross domestic product on Thursday is expected to show consumers still doing the heavy lifting for the economy, thanks to a resilient labor market. The economy has defied prophecies of doom since late 2022 following the U.S. central bank's aggressive rate hiking campaign to snuff out inflation.

United-states , Washington , James-knightley , William-blair , Brian-bethune , Lucia-mutikani , Joe-biden , Andrea-ricci , Boston-college , Reuters , International-monetary-fund , Federal-reserve

LIIBS 2024: Economic growth via tie-ups

Leaders highlight private sector’s role in driving growth, discuss trends in emerging markets

Bahrain , Shifa-international-hospital , Punjab , Pakistan , United-states , Iraq , Islamabad , Egypt , Sajjeed-aslam , Zarrar-hasham-khan , Jeffrey-malin , Saquib-ahmad

U.S. economic growth slowed in first quarter, falling short of forecasts

Real GDP increased at an annual rate of 1.6% in the first quarter of 2024, according to initial estimate.

Economic-analysis , Bureau-of-economic-analysis , Conomic-growth , Conomic-slowdown , S- , Ross-domestic-product , He-government ,

Yellen says economy performing well, inflation will ebb

WASHINGTON (Reuters) -U.S. economic growth for the first quarter could be revised higher and inflation will ease to more normal levels, Treasury Secretary Janet Yellen told Reuters on Thursday after a clutch of "peculiar" factors held the economy to its weakest showing in nearly two years. "The U.S. economy continues to perform very, very well," Yellen said in an interview with Reuters, responding to the Commerce Department's substantially weaker-than-expected initial estimate for U.S. gross domestic product from January through March. "What I focus on most is the strength of consumer spending and investment spending," Yellen said.

Washington , United-states , Alessandra-galloni , Lindsay-dunsmuir , Andrea-ricci , Janet-yellen , Reuters , Secretary-janet-yellen , Nflation , Conomic-growth , Ommerce-department ,