Showing 1 - 10 of 850
Baht declines in thin holiday trading across Asian markets
Published on 17/06/2024
» Emerging Asian currencies slipped in holiday-thinned trade on Monday, with the Thai baht leading the declines, as the dollar stayed firm and China data pointed to an uneven recovery in the world's second-largest economy.
Chinese outbound travel recovery lags due to costs, visa snags
Published on 17/06/2024
» BEIJING/SHANGHAI: A recovery in Chinese overseas travel from the Covid-19 pandemic is fading as rising costs and difficulties in securing visas cement a preference for local and short-haul destinations.
KKP wary on baht outlook despite uptick
Business, Published on 07/06/2024
» The baht has posted a short-term gain, rising to a two-week high of stronger than 36.5 to the dollar on Thursday, but Kiatnakin Phatra Financial Group (KKP) warns the Thai currency could depreciate because of Thailand's structural problems.
Asian shares recover on hopes for policy support
Business, Published on 01/06/2024
» RECAP: Asian stocks recovered on Friday after a three-day selling streak, boosted by a decline in US Treasury yields and weakness in the dollar amid optimism for more policy support after disappointing economic data from the US, China and Japan.
Yesterday’s shadow
Oped, Postbag, Published on 25/05/2024
» Re: “Court to hear Srettha case”, (BP, May 24) and “Thailand’s judiciary face challenges”, (Opinion, May 24). Prof Thitinan Pongsudhirak’s biting comments on the judiciary’s influence on the lifeline of an elected prime minister are most justified based on past events. For the coming challenge facing our Constitutional Court, it is different from the past. The court’s 5-4 vote not suspending PM Srettha’s lifeline before he has the chance of defence is laudable.
Male model arrested in forex scam
Wassayos Ngamkham, Published on 10/05/2024
» A male model accused of creating an attractive social media profile to dupe people into investing in a foreign-exchange trading scam has been arrested at a luxury condominium in Bangkok.
Asean, Japan, China, S. Korea ensure funds for pandemics, disasters
Kyodo News, Published on 04/05/2024
» TBILISI - The Association of Southeast Asian Nations (Asean) plus Japan, China and South Korea on Friday agreed to provide each other funds in times of emergency such as pandemics and natural disasters, building on their existing currency swap arrangements for the United States dollar and its counterparts.
Asian shares powered by tech rally, yen revives
Business, Published on 04/05/2024
» RECAP: Hong Kong led gains across most Asian and European markets on Friday thanks to a surge in tech giants, while the yen extended gains against the dollar on revived hopes for US interest rate cuts.
Asian shares get lift from US tech results
Business, Published on 27/04/2024
» RECAP: Asian shares rose yesterday, led by tech firms after strong earnings reports from Microsoft and Alphabet on Wall Street. But investors are becoming resigned to the idea that US interest rate cuts are probably many more months away.
Emerging market currencies drop to 2024 low
Published on 16/04/2024
» Emerging-market currencies fell to a new low for the year as the dollar extended gains into a fifth day amid heightened geopolitical tensions, and after robust US data boosted bets the Federal Reserve will delay interest-rate cuts.