Showing 1 - 10 of 1,568
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.
India, Indonesia stand out for EM investors in ageing world
Published on 27/05/2024
» Emerging markets such as India and Indonesia, whose populations are growing at a solid pace, stand to benefit as demographics begin to play a bigger role in investment decisions, according to Fidelity International and BlackRock Investment Institute.
Asian shares decline as US rate-cut hopes dim
Business, Published on 25/05/2024
» RECAP: Asian stocks tracked Wall Street lower in response to more economic data that signalled the US Federal Reserve might keep interest rates on hold for most of this year. Regional currencies also took a hit as dollar strength persisted.
Asian shares retreat on China weakness
Business, Published on 18/05/2024
» RECAP: Stocks in Asia fell yesterday after data from China showed fresh economic weakness and traders reassessed the path forward for US interest rates.
Baht likely to face near-term volatility
Nareerat Wiriyapong, Published on 13/05/2024
» The baht is likely to be volatile in the near term, pending clear signs from the US Federal Reserve (Fed) concerning interest rate cuts, with the Thai currency expected to slide to 37.25 baht to the dollar within 1-3 months, bouncing back to 36 to the greenback by yearend, says Kasikorn Research Centre (K-Research).
War of independence
Business, Published on 13/05/2024
» Following a speech by Pheu Thai Party leader Paetongtarn Shinawatra declaring the independence of the Bank of Thailand an obstacle to fixing a stagnant economy, the issue has been echoed in media reports, fuelling an ongoing rift between the central bank and the coalition government.
Households spend most on travel, petrol, phone bills
Online Reporters, Published on 05/05/2024
» Thai household spending on consumer goods in April averaged 18,187 baht, with the biggest expenses being on public transport, petrol and mobile phones, according to a Commerce Ministry survey.
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.
Inflation rises after 7 months of falling prices
Business, Phusadee Arunmas, Published on 04/05/2024
» Inflation in Thailand last month was positive for the first time in seven months after the government permitted retailers to raise the price of diesel, while the prices of fresh food and vegetables increased thanks to the recent heatwave.
Headline inflation up 0.19%
Reuters, Published on 03/05/2024
» Thailand's headline consumer price index (CPI) rose 0.19% in April from a year earlier, versus a 0.47% year-on-year drop the previous month, the Commerce Ministry said on Friday.