Supreme Court Showdown: Trump's Sweeping Tariffs Face Judgment Day as Early as Friday
Jan 07, 2026 13:27 pm UTC| Economy
On President Trumps contentious use of the International Emergency Economic Powers Act (IEEPA) to levy broad Liberation Day tariffs of 10-50% on imports from most nations, along with other duties on Canada, Mexico, and...

Thailand Economy Faces Competitiveness Challenges as Strong Baht and U.S. Tariffs Pressure Exports
Jan 07, 2026 04:24 am UTC| Economy Central Banks
Thailands economy is facing mounting structural and external challenges, with declining competitiveness and pressure on exports emerging as key concerns, according to a statement released Wednesday by the Bank of Thailand...

Jan 07, 2026 04:22 am UTC| Economy
Most Asian currencies traded within a narrow range against the U.S. dollar as global markets turned cautious ahead of key U.S. labor market data due later this week. Currency traders largely avoided taking major positions,...

Oil Prices Slide in Asia as Trump Signals Venezuela Supply Boost, Raising Global Glut Fears
Jan 07, 2026 02:31 am UTC| Economy
Oil prices fell sharply during Asian trading on Wednesday as markets reacted to comments from U.S. President Donald Trump suggesting Venezuela could soon supply tens of millions of barrels of crude oil to the United...

Asian Markets Slip as Oil Prices Fall on Venezuela Developments and Global Tensions
Jan 07, 2026 02:18 am UTC| Economy
Asian markets traded mixed as investors digested falling oil prices, rising commodity stocks, and heightened geopolitical tensions tied to Venezuela, China, and broader global uncertainty. Crude oil futures extended losses...

Dollar Holds Steady as Markets Await Key U.S. Economic Data and Fed Signals
Jan 07, 2026 02:15 am UTC| Economy
The U.S. dollar traded in tight ranges on Wednesday as investors adopted a cautious stance ahead of a series of important U.S. economic data releases that could shape expectations for the Federal Reserves interest rate...

Japan Services PMI Slows in December as Rising Costs Weigh on Demand
Jan 07, 2026 02:08 am UTC| Economy
Japans service sector continued to expand in December but at its slowest pace since May, reflecting softer domestic demand despite a rebound in overseas business, according to a private sector survey released on Wednesday....