Chinese housing developer Vanke reported significant first-half losses on Friday, highlighting the ongoing crisis in the real estate sector as home sales decline in a […]
Tag: Economic Crisis
Thailand’s Economic Challenges: Recession, Stimulus Plans, and Growth Projections Revisions
Thailand’s economy is currently grappling with a recession primarily due to a substantial level of household debt, as highlighted by Deputy Finance Minister Julapun Amornvivat […]
Moody’s Alarming Downgrade: United States’ Credit Outlook Dips, Signaling Potential Economic Challenges Ahead
Moody’s Investors Service changed the outlook on the United States’ AAA credit rating from stable to negative on 10th November 2023, signaling growing concerns about […]