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Search Result for “current market”

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GENERAL

Vietnam may permit gold imports for first time in years

Reuters, Published on 12/06/2024

» SINGAPORE - Vietnam could allow companies to import gold for the first time in over a decade, as it aims to bridge the widening gap between local prices and international benchmarks, an industry official told Reuters.

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GENERAL

Finance Ministry wants rate cut at central bank meeting

Reuters, Published on 11/06/2024

» The government wants to see an interest rate cut at Wednesday's central bank policy review to help the economy as the current level is "too high", a deputy finance minister said on Tuesday.

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GENERAL

Inflation falls but by less than expected

Reuters, Published on 05/03/2024

» Inflation as measured by the headline consumer price index (CPI) fell 0.77% in February from a year earlier, versus a 1.11% year-on-year drop the previous month, the Commerce Ministry said on Tuesday.

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GENERAL

Sugar shortfall view raised to 2.4m tonnes

Reuters, Published on 14/11/2023

» NEW YORK - Global sugar production will fall short by 2.4 million metric tonnes of the expected consumption in the 2023/24 crop year that started in October, said consultancy CovrigAnalytics in a report on Monday, raising its supply deficit estimate by 200,000 tonnes.

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GENERAL

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.

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BUSINESS

Samsung profit 'lowest in over 14 years'

Reuters, Published on 06/07/2023

» SEOUL: Samsung Electronics' June-quarter profit is expected to plunge 96% on-year to the lowest for any quarter in more than 14 years, as a chip glut continues to drive large losses in the tech giant's cash cow business despite a supply cut.

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BUSINESS

Economy picks up as tourism, spending rise

Reuters, Published on 30/06/2023

» The Thai economy in May improved from the previous month as tourism gathered momentum and private consumption increased while exports remained weak, the Bank of Thailand (BoT) said on Friday.

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BUSINESS

Thai stocks flounder in absence of China spark

Reuters, Published on 16/06/2023

» SINGAPORE: Thailand's stock market has become the symbol of investor disenchantment with China's economic reopening, going from market darling in January to Asia's second-worst performing market by June, with little sign of a turnaround.

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THAILAND

China's Mekong dams turn Thai fishing villages into 'ghost towns'

Reuters, Published on 21/03/2023

» CHIANG KHONG, Thailand: From February to April each year, Kam Thon spends most of her days knee-deep in the waters of the Mekong River by her village in northern Thailand, gathering river weed to sell and cook at home.

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BUSINESS

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.