Showing 81 - 90 of 1,525
EV sales rise at motor show
Business, Lamonphet Apisitniran, Published on 02/04/2024
» Bookings for electric vehicles (EVs) are expected to keep growing throughout the Bangkok International Motor Show, thanks to the launch of new EV models and sales promotion campaigns, says the Federation of Thai Industries (FTI).
Global freight to 'lift fuel prices'
News, Published on 02/04/2024
» Global trade flows, which showed signs of acceleration at the start of 2024, indicate a recovery from the late 2022 slump in major industrial economies, likely boosting demand for transport fuels such as diesel.
Global gold prices jump to record as favoured Fed inflation gauge stokes rally
Published on 01/04/2024
» Gold rose to a record as the second quarter kicked off, extending a rally that’s been driven by the Federal Reserve moving closer to rate cuts and deepening geopolitical tensions.
Asian shares rise after Wall Street advances
Business, Published on 30/03/2024
» RECAP: Shares in Asia rose yesterday following gains on Wall Street, which closed out a stellar quarter ahead of a holiday on Friday. Benchmarks in Japan, South Korea and mainland China all edged higher, while the US dollar firmed after hawkish comments from a Federal Reserve official.
The world moves ahead cautiously
Business, Published on 30/03/2024
» Entering the second quarter, the global economy shows signs of looking better than expected. Purchasing Managers' Index (PMI) readings, a closely watched gauge of the business outlook, are among the economic indicators that are continuing to recover.
Global equity income touted on Fed rate move
Business, Nuntawun Polkuamdee, Published on 29/03/2024
» The Federal Reserve is expected to cut US interest rates 2-3 times this year starting from its June meeting, making global equity income a promising investment, says London-based Newton Investment Management.
Association predicts gold hitting 40,000 baht in H2
Business, Nareerat Wiriyapong, Published on 29/03/2024
» Domestic gold prices could hit 40,000 baht per baht-weight after the Federal Reserve cuts interest rates later this year, according to the Gold Traders Association (GTA), as the price reached a new high of 37,950 baht on Thursday, approaching the group's previous target of 38,000 baht.
Making sense of the uptick for Bitcoin
Business, Nareerat Wiriyapong, Published on 28/03/2024
» Before this year, investors predicted the prices of cryptocurrencies could surge in 2024 because of the Bitcoin halving, an event that rewards mining that occurs every four years, as well as the likelihood of interest rate cuts, which benefit most asset classes.
Dollar firm after Fed comments; yen under close watch
Reuters, Published on 28/03/2024
» TOKYO: The U.S. dollar received a boost against major currency peers on Thursday, as a Federal Reserve official said he wasn't in a hurry to cut rates amid sticky inflation, and as traders braced for key economic data.
It'll take more than patriotism to save the ringgit
News, Daniel Moss, Published on 28/03/2024
» Malaysia wants to be great again, at least in foreign exchange. The nation's currency recently approached a level seen as near-catastrophic during the Asian financial crisis of the late 1990s. Authorities insist the ringgit is way too cheap and blame forces outside the country, chiefly high interest rates in the US. The remedies are modest, compared with the shock therapy meted out a couple of decades ago.