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Search Result for “foreign reserves”

Showing 1 - 10 of 2,066

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GENERAL

Index might keep trading sideways

Business, Published on 08/06/2024

» The downtrend on the Stock Exchange of Thailand persisted in May, despite a temporary rebound when the SET index briefly surpassed 1,370 points early in the month. The index peaked at 1,389 points before pulling back below 1,370. Among the key factors expected to influence trading going forward:

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GENERAL

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.

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GENERAL

Japan has spent $62bn defending yen

Published on 31/05/2024

» Japan spent a record ¥9.8 trillion ($62.2 billion) in the past month to prop up the yen after it fell to a 34-year low against the US dollar, surpassing the amount it used in 2022 to defend the currency.

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OPINION

20 years of errors can't be fixed easily

Oped, Chartchai Parasuk, Published on 30/05/2024

» I have a strong feeling that piecemeal measures are what the economy is going to get from the government to combat Thailand's long-standing economic problems.

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WORLD

Putin renews nuclear threats against West

Bloomberg News, Published on 09/05/2024

» MOSCOW - Russian President Vladimir Putin warned the West against threatening Russia as he pursues his invasion of Ukraine and revived his nuclear saber-rattling at the annual military parade on Moscow’s Red Square marking the victory in World War II.

THAILAND

NACC vows to end encroachment woes

News, Achadthaya Chuenniran, Published on 03/05/2024

» The National Anti-Corruption Commission (NACC) has vowed to tackle the encroachment of forest reserves and public land in Phuket, admitting some cases still aren't resolved after three decades due to problems enforcing orders in cases involving foreign nationals.

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OPINION

How elections bring about a cycle of devaluation

Oped, Jeffrey Frankel, Published on 01/05/2024

» The proposition that major currency devaluations are more likely to come immediately after, rather than before, an election is being tested anew. In the biggest voting year in history, the implications could be far-reaching.

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GENERAL

Tepid exports recovery add to Thailand, Vietnam’s currency woes

Published on 29/04/2024

» An unexpectedly weak exports performance in Asia’s emerging economies risks adding pressure to their currencies already hammered by a strong dollar and the Federal Reserve’s hawkish pivot.

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GENERAL

Calculating the cost of war

Business, Published on 29/04/2024

» Currency depreciation, a surge in oil prices and a decline in purchasing power often result from geopolitical conflicts.

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OPINION

Is China stockpiling resources in case of future war?

News, Published on 29/04/2024

» In the eastern Chinese port of Dongying, the start of 2024 has often seen several tankers docked simultaneously discharging Russian crude oil into a new 31.5-million-barrel storage facility completed late last year.