BANGKOK — November 16, 2025 — Thailand’s economy contracted more sharply than expected in the third quarter, signaling mounting challenges for Southeast Asia’s second-largest economy as manufacturing and tourism both weaken. According to the National Economic and Social Development Council (NESDC), gross domestic product fell 0.6% from the previous quarter, marking the worst performance since…
MANCHESTER — November 15, 2025 — Economists warn that President Donald Trump’s foreign economic policy is increasingly under strain, as missteps in both Argentina’s bailout and the ongoing US-China trade confrontation highlight the growing risks of his administration’s interventionist approach. According to Professor Barry Eichengreen of the University of California, Berkeley, the Trump administration now…
NEW YORK — November 14, 2025 — The Korea Society, in partnership with the Consulate General of the Republic of Korea in New York, has announced a special forum titled “U.S.–Korea Economic Relations in a New Tariff Era: Economic and Industrial Perspectives.” The event brings together leading economists, policymakers, and industry experts to discuss how…
LONDON — November 13, 2025 — As the United Kingdom prepares for its 2025 budget, economists are calling for a fundamental shift away from growth-driven policy toward a “new economics” framework focused on wellbeing, justice, and sustainability. Professor Jasper Kenter of Aberystwyth University says traditional models centered on GDP growth can no longer address the…
WASHINGTON, D.C. — November 11, 2025 — United States President Donald Trump has declared a “big victory” for his administration and the Republican Party as Congress advances a bill to end the nation’s longest government shutdown. The president praised party leaders for achieving what he called a decisive political and legislative win. Senate Vote Paves…
WASHINGTON, D.C. — November 11, 2025 — The United States government shutdown, the longest in the nation’s history, is nearing an end after 40 days of political gridlock. Yet, despite the expected reopening, analysts say the standoff has left lasting scars on governance, public trust, and economic stability. Democrats Face Renewed Divisions Over Strategy A…
SEOUL, SOUTH KOREA — November 9, 2025 — Asian equities surged on Monday as investors returned to risk assets following last week’s AI-driven selloff. South Korea’s Kospi Index led the region’s recovery with a 3.02% gain, driven by sharp advances in banking and insurance stocks. Asian Markets Rebound After Tech-Fueled Losses Across the Asia-Pacific region,…
AUSTIN, TEXAS — November 6, 2025 — Elon Musk, CEO of Tesla, could soon become the world’s first trillionaire, following an upcoming shareholder vote expected to approve one of the largest compensation packages in corporate history. The development could raise Musk’s fortune beyond $1 trillion, further cementing his dominance across the technology and energy industries.…
A Currency in Retreat: The Dollar’s Downward Slide During the European trading session on Friday, the U.S. dollar suffered a considerable drop against other major currencies, showing the heightened concerns about the U.S. and global economic outlook. The dollar’s weakening is closely connected to worries about the intensifying global trade conflict, particularly the trade war…
A recent report from the United Nations claims that the Asia Pacific region is an imperative engine of the global economy but, at the same time, is severely under threat from climate change. The report suggests that shocks in changing weather patterns, alongside global warming, could economically account for a staggering loss of at least…
