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SCB Julius Baer Urges Diversification Amid Uncertainty
Published on 17/06/2025
» SCB Julius Baer Securities Co., Ltd. (SCB Julius Baer) recently hosted an exclusive “Market Outlook H2/2025” seminar under the theme “A New World Order”, tailored for Ultra High Net Worth Individuals (UHNWIs). The seminar provided insights into the global economic landscape and portfolio strategies for the second half of 2025, amid ongoing market volatility. Investors were advised to diversify beyond the US market, which continues to face stagflation risks. The recommendation is to shift allocations toward regions with more accommodative monetary policies and greater macroeconomic stability, such as Europe, Japan, and China. Notably, Europe is entering a rate-cutting cycle alongside increased government spending. In Asia, policies aimed at stimulating domestic consumption are expected to benefit domestic demand and dividend-paying stocks. The investment strategy also emphasised portfolio resilience through allocation to gold, the Swiss franc as a stable currency, and alternative assets to enhance long-term flexibility. The event featured keynote speakers including Mr. Adrian Mazenauer, Chief Executive Officer, SCB Julius Baer; Mr. Kean Tan, Managing Director Senior Advisor Head of Investment Solutions, SCB Julius Baer; Mr. Mark Matthews, Head Research Asia, Bank Julius Baer; and Mr. Bhaskar Laxminarayan, Chief Investment Officer Asia and Middle East, Bank Julius Baer.
Army prohibits Thais crossing border to work in Poipet bars, casinos
Online Reporters, Published on 17/06/2025
» SA KAEO - The commander of the army's Burapa Task Force on Tuesday banned Thais from crossing the border in this eastern province to work at entertainment venues and casinos in Cambodia's Poipet township.
Candidates vie for post of governor
Business, Published on 17/06/2025
» The Bank of Thailand is preparing to welcome a new governor as the incumbent, Sethaput Suthiwartnarueput, is scheduled to complete his term on Sept 30, 2025. The selection process for this crucial role is highly anticipated, given the significant economic challenges facing Thailand and the importance of central bank leadership in shaping monetary policy and financial stability.
Scam complaints starting to rise again
Business, Komsan Tortermvasana, Published on 17/06/2025
» The number of complaints concerning call centres and online scams has increased to reach close to the same level as recorded in December 2024, despite having dropped to its lowest point in February 2025, according to the National Broadcasting and Telecommunications Commission (NBTC).
Trump urges Iran to talk as G7 looks for common ground
AFP, Published on 17/06/2025
» KANANASKIS (CANADA) - US President Donald Trump on Monday warned Iran, which Israel is pounding, to re-enter negotiations "before it's too late" as Group of Seven leaders considered a joint call for de-escalation.
Israel-Iran conflict: latest developments
AFP, Published on 16/06/2025
» JERUSALEM - Israel and Iran traded deadly fire for a fourth day on Monday in their most intense confrontation in history, fuelling fears of a drawn-out conflict that could engulf the Middle East.
Russia says US has cancelled next round of talks on easing tensions
Published on 16/06/2025
» MOSCOW - Russia said on Monday that the United States had cancelled the next round of talks between the two countries, an apparent setback in a process launched by presidents Vladimir Putin and Donald Trump to improve bilateral ties.
France shuts Israeli weapons booths at Paris Air Show
AFP, Published on 16/06/2025
» LE BOURGET (FRANCE) - Geopolitical tensions roiled the opening of the Paris Air Show on Monday as French authorities sealed off Israeli weapons industry booths amid the conflicts in Iran and Gaza, a move that Israel condemned as "outrageous".
Scam complaints in Thailand starting to rise again
Komsan Tortermvasana, Published on 16/06/2025
» The number of complaints concerning call centres and online scams has increased to reach close to the same level as recorded in December 2024, despite having dropped to its lowest point in February 2025, according to Thailand's National Broadcasting and Telecommunications Commission (NBTC).
Airbus bags Saudi order as Franco-Israeli dispute rocks air show
Published on 16/06/2025
» PARIS - Airbus bagged a $3.5 billion plane order from Saudi Arabia's AviLease on the opening day of the Paris Airshow on Monday, as a diplomatic dispute erupted over France's decision to shut down four Israeli stands for displaying deadly weapons.