TAIBAH AL-ASEERI – The United States Federal Reserve’s (Fed) decision to raise interest rates has had a ripple effect throughout Asian markets. Investors are concerned that the higher rates could lead to increased borrowing costs and slower economic growth, which could ultimately prove detrimental to businesses and consumers. Here, we…
Tag: Federal Reserve
HONG KONG: ‘We Are Now in the Soup Together’
TOM PLATE WRITES (courtesy of the South China Morning Post): China, it seems, cannot win for losing. Exports-predator China is always ‘beating us’, bombastic billionaire businessman Donald Trump declaimed yet again on the campaign trail. But his timing on this point could have been better as last week was not…