Showing 1 - 10 of 86
Red Sea danger leads global oil buyers to switch markets
Bloomberg News, Published on 05/02/2024
» NEW YORK - The global oil market is looking increasingly local as militant attacks in the Red Sea and surging freight rates make supplies from closer to home more attractive.
China travel rebound bets turn toward airports
Bloomberg News, Published on 23/03/2023
» SINGAPORE: Investors hoping to cash in on a boom in Chinese travel after nearly three years of coronavirus pandemic lockdowns are shifting into airports, hotels and duty-free operators and away from airlines subject to fluctuating fuel prices and more intense competition.
Baht set for relief as current-account swings to surplus
Bloomberg News, Published on 02/11/2022
» A better-than-expected rebound in foreign tourist arrivals, lower oil prices and sliding shipping costs are brightening the outlook for Thailand’s current account, potentially offering a reprieve for the country's currency trading near a 16-year low.
Goldman, Nomura see Thailand embarking on rate-hike cycle
Bloomberg News, Published on 09/06/2022
» The Bank of Thailand (BoT) is set to raise rates from August to quell persistently high inflation, according to analysts, ending a three-year long easy monetary policy stance to shield the Covid-19 pandemic-hit economy.
Opec+ agrees on bigger oil-production hikes
Bloomberg News, Published on 02/06/2022
» Opec+ will increase the size of its oil-supply hikes by about 50%, bowing to months of pressure from major consumers including the United States to help ease the pain of high energy prices.
Ukraine update: US to send more javelins; Zelenskiy rebukes UN
Bloomberg News, Published on 06/04/2022
» The United States and allies are poised to announce new sanctions, including a ban on all new investments in Russia, to punish the Kremlin for alleged atrocities against civilians committed by its forces in Ukraine.
China quietly taking cheap Russian crude; India buys more
Bloomberg News, Published on 24/03/2022
» China’s oil refiners are discreetly purchasing cheap Russian crude as the nation’s supply continues to seep into the market.
Russia’s Ultra-rich count cost of US$83bn wealth wipe-out
Bloomberg News, Published on 01/03/2022
» Russia’s billionaires are starting to feel the heat.
Putin orders Russian attacks across Ukraine in ‘dark day’
Bloomberg News, Published on 24/02/2022
» Russian forces attacked targets across Ukraine on Thursday after President Vladimir Putin vowed to “demilitarise” the country and replace its leaders, triggering the worst security crisis in Europe since World War II as the West threatened further punishing sanctions in response.
EU sanctions Myanmar oil firm for providing resources to junta
Bloomberg News, Published on 22/02/2022
» The European Union imposed fresh sanctions against Myanmar’s military regime, focusing on a lucrative state-owned oil and gas company that has been a key source of revenue for the junta more than a year after the coup - and a partner of Thailand's PTT.