Southeast Asian economies are gaining ground as tourism and exports recover from the shocks of the pandemic, but geopolitical tensions and volatile commodity prices still pose serious risks, regional financial leaders said Friday. Laos’ Finance Minister Santiphab Phomvihane read out a joint statement following meetings among finance ministers at a hotel in the Laotian city of Luang Prabang, a UNESCO heritage site, but he made no other remarks and took no questions. Estimates for economic growth in members of the 10-nation Association of Southeast Asian Nations vary but are generally near a robust 5% for 2024.
Brent futures for June fell by 43 cents, or 0.5%, to $88.92 a barrel by 12:15 p.m. EDT. Investors are analysing macroeconomic data and monetary policy for potential clues on the outlook for oil demand.
/PRNewswire/ The "Top 5 OEMs in the U.S. Aerospace & Defense Market: Boeing, General Dynamics, Lockheed Martin, Northrop Grumman, RTX - Comparative SWOT &.
/PRNewswire/ The "Top 7 OEMs in the Global Aerospace & Defense Market: Airbus, BAE Systems, Boeing, General Dynamics, Lockheed Martin, Northrop Grumman, RTX.
Japan approved up to US$3.9 billion in subsidies to chip venture Rapidus, committing more money to its ambition to catch up in semiconductor manufacturing.