Showing 1 - 10 of 84
Oil prices dip as demand concerns outweigh Middle East supply fears
Reuters, Published on 17/04/2024
» TOKYO: Oil prices eased in early trade on Wednesday as worries about global demand due to weak economic momentum in China and fading hopes for U.S. interest rate cuts in the near term outweighed supply fears on heightened tensions in the Middle East.
Dollar firm after Fed comments; yen under close watch
Reuters, Published on 28/03/2024
» TOKYO: The U.S. dollar received a boost against major currency peers on Thursday, as a Federal Reserve official said he wasn't in a hurry to cut rates amid sticky inflation, and as traders braced for key economic data.
Srettha: Central bank has room to cut rates
Reuters, Published on 06/02/2024
» Prime Minister Srettha Thavisin on Tuesday again called on the Bank of Thailand (BoT) to cut interest rates, saying a 25 basis-point rate cut would help people and not stoke inflation.
Oil prices gain after OPEC+ maintains output cuts
Reuters, Published on 02/02/2024
» SINGAPORE - Oil prices rose in early trade on Friday following a decision by OPEC+ to keep its oil output policy unchanged, clawing back some losses from the previous trading session triggered by unsubstantiated ceasefire reports between Israel and Hamas.
World Bank cuts Thai growth outlook
Reuters, Published on 14/12/2023
» Thailand's economic growth is expected at 2.5% this year before accelerating to 3.2% in 2024, supported by a recovery in tourism, exports and sustained private consumption, the World Bank said on Thursday.
Baht depreciates further; other Asian FX steady
Reuters, Published on 28/09/2023
» BENGALURU - Thailand's baht slumped to its lowest in more than 10 months on Thursday, hit by persistent worries over the country's fiscal outlook, while other Asian currencies steadied after recent losses against a rallying United States dollar.
Baht tumbles to 10-month low, hurt by high oil prices
Reuters, Published on 20/09/2023
» The baht fell to a 10-month low on Wednesday, while stocks and bonds also slid under foreign selling pressure, with investors worried that high oil prices and government spending plans would widen the country’s current account deficit.
Asian stocks hit 9-month lows
Reuters, Published on 17/08/2023
» SINGAPORE - Asian shares slid to nine-month lows on Thursday, while the dollar was at two-month peak as fears over China's sluggish economic recovery and concerns that the Federal Reserve may still raise interest rates rattled investors.
Asian currencies subdued as investors await Fed decision
Reuters, Published on 22/03/2023
» SYDNEY: Most Asian currencies were tepid on Wednesday, with the Philippine peso falling most, as investors await the conclusion of the Federal Reserve's (Fed) policy meeting for clarity on the future United States rate path.
Asian currencies, stocks fall on SVB contagion fears
Reuters, Published on 14/03/2023
» SINGAPORE: Most Asian currencies and equities lost ground on Tuesday as the United States banking sector crisis unnerved investors, although the Malaysian ringgit bucked the trend to climb higher.