Showing 1 - 10 of 25
Central bank says current inflation goal 'appropriate'
Bloomberg News, Published on 30/05/2024
» The Bank of Thailand (BoT) defended its goal to keep inflation within a band of 1% to 3% as "appropriate" for the prevailing economic conditions, after the government sought a review over concerns the current target may be too low.
Biggest currency rout since 1997 puts Asia central banks in bind
Published on 29/06/2022
» The surge in the dollar has set Asian currencies on course for their worst quarter since 1997 and created a dilemma for central bankers.
Predee bombshell hits baht trading
Business, Published on 02/09/2020
» The baht experienced a sudden depreciation against the US dollar on Tuesday after Finance Minister Predee Daochai submitted his resignation less than a month into his tenure.
Markets rise as deaths slow in hotspots: Virus update
Published on 06/04/2020
» Germany and Spain reported lower numbers of new cases, a tentative sign that lockdown measures are easing the outbreak.
Subpar earnings trend to continue
Business, Published on 22/02/2020
» The fourth-quarter 2019 earnings announcement season finishes this coming week. Of the firms that have reported to date, many have missed market expectations. The numbers have been similarly disappointing among US listed firms.
Stuck in neutral
Asia focus, Published on 27/01/2020
» Amid ongoing uncertainties including trade tariffs and geopolitical tensions, global economic growth prospects look dim for 2020, partly due to a disappointing performance in major Asian economies.
EV prices to approach B1m in 3-5 years as market develops
Business, Erich Parpart, Published on 14/06/2019
» Increasing competition, the arrival of charging stations and lower production costs will drive down the price of an electric vehicle (EV) to a more affordable 1 million baht within 3-5 years, says Yossapong Laoonual, president of the Electric Vehicle Association of Thailand.
Syria and Trump-Xi talks keep investors on sidelines
Business, Published on 10/04/2017
» Recap: Markets were rattled late last week after US cruise missiles struck a Syrian air base, while global investors moved to the sidelines pending the outcome of talks between US President Donald Trump and Chinese President Xi Jinping. Safe-haven assets such as the yen and gold soared and oil prices also surged. The formal promulgation of the country's 20th constitution, ensuring an election sometime late next year, helped keep the Thai stock market in a rangebound trade.
Money mess
Asia focus, Narendra Kaushik, Published on 05/12/2016
» Saurabh Goyal is facing the worst time of his life. The director of BD Green Homes, a New Delhi real estate company, he has not made a single property deal since the government launched its surprise demonetisation campaign.
Weakness in europe keeps global equities subdued
Business, Published on 31/10/2016
» Recap: Global equities were affected by poor sentiment led by European stocks, which fell for the entire week on disappointing corporate results. The European Central Bank is expected to now consider further stimulus to spur the lacklustre euro zone. The US Federal Reserve, meanwhile, is seen as moving closer to raising interest rates as third-quarter GDP growth of 2.9% exceeded expectations.