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BANGKOK (Reuters) - Thailand's economy is expected to grow 2.7% this year, helped by an anticipated annual rise of 28% in foreign visitors to 36 million, Prime Minister Paetongtarn Shinawatra said on Thursday. Southeast Asia's second-largest economy will grow more than forecast in 2025 and the government will accelerate investment spending of more than 960

By Kevin Yao BEIJING (Reuters) - Chinese government advisers are recommending that Beijing should maintain an economic growth target of around 5.0% for next year, pushing for stronger fiscal stimulus to mitigate the impact of expected U.S. tariff hikes on the country's exports. The ambition to sustain a growth pace that seemed difficult to reach

By Renju Jose SYDNEY (Reuters) - New Zealand's Treasury said on Thursday it would likely cut its economic and fiscal forecasts because of a sustained productivity slowdown in the economy. New Zealand Treasury's May budget forecasts had anticipated a return to economic growth in the second half of 2024, but the latest data suggests the

TOKYO (Reuters) - Japan's government is considering 21.9 trillion yen ($141 billion) worth of fiscal spending under a new stimulus package to be approved this week, public broadcaster NHK said on Thursday. The overall size of the package, which includes funding from the private sector, would total 39 trillion yen, with 13.9 trillion yen coming

By Brigid Riley TOKYO (Reuters) - The U.S. dollar stood broadly firm on Thursday as traders awaited more clarity on U.S. President-elect Donald Trump's proposed policies and sought to second-guess the prospects of less aggressive interest rate cuts from the Federal Reserve. After stalling for three sessions, the greenback was back on the march higher

By Luc Cohen, Jonathan Stempel NEW YORK (Reuters) -Gautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world's richest people, has been indicted in New York over his role in an alleged multibillion-dollar bribery and fraud scheme, U.S. prosecutors said on Wednesday. Authorities said Adani and seven other defendants, including

(Reuters) - Palo Alto Networks (NASDAQ:) beat Wall Street expectations for first-quarter revenue and profit on Wednesday, owing to healthy spending for its cybersecurity services amid a rise in digital threats. However, shares of the Santa Clara, California-based company fell over 5% in extended trading. Palo Alto forecast second quarter as well as annual revenue

NEW YORK (Reuters) -Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world's richest people, has been indicted in New York over an alleged multibillion-dollar fraud scheme, U.S. prosecutors said on Wednesday. Authorities charged Adani and two other executives at Adani Green Energy (NS:), his nephew Sagar Adani and Vneet Jaain

By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Bank of Boston President Susan Collins reiterated on Wednesday she believes the U.S. central bank has more interest rate cuts ahead as it seeks to normalize monetary policy while inflation pressures ease. "I expect additional adjustments will likely be appropriate over time, to move the