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Free milk and cash gifts raise risks to Indonesia and Thailand ratings

SINGAPORE: South-East Asia’s new leaders risk blowing past budget constraints to make good on costly campaign promises of cash handouts and free lunches, increasing the risks to their prized investment-grade ratings.

Bangkok Post - Cash gifts, free milk raise risks to Thailand, Indonesia ratings

Bangkok Post - Cash gifts, free milk raise risks to Thailand, Indonesia ratings
bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.

Mayo finally get one over the Kingdom | Connaught Telegraph

Mayo finally get one over the Kingdom | Connaught Telegraph
con-telegraph.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from con-telegraph.ie Daily Mail and Mail on Sunday newspapers.

Dawn of Interest-Rate Pivots Threatens EM s Standout Trade

(Bloomberg) One of the year’s top fixed-income trades is facing a critical juncture in Latin America as bond investors attempt to time pivots in US and local interest rates.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoAsia’s Richest Families Fuel Race for Lucrative Finance JobsBurning Ship’s Operator Says Almost 500 EVs Are on BoardChina Stops Short of Direct Consumer Support to Spur EconomyArab States Sour on Israel in Blow to US Aim of Saudi Peace

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