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Search Result for “rate cut”

Showing 1 - 10 of 6,918

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GENERAL

Thailand may deliver bigger rate cut to curb baht, Citi says

Published on 26/09/2025

» Thailand’s central bank could deliver a larger interest-rate cut in October as officials are under pressure to take quick and strong measures to curb the strengthening baht, according to Citigroup Inc.

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GENERAL

Thailand's credit rating not a concern, no VAT hike plan: official

Published on 26/09/2025

» Thailand's credit rating is not a concern due to very low levels of foreign debt, a deputy finance minister said on Friday, adding that the government is now trying to boost the economy to bring "the light at the end of the tunnel".

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GENERAL

Starbucks $1 billion restructuring to close stores, cut jobs

Bloomberg News, Published on 25/09/2025

» NEW YORK — Starbucks Corporation plans to close stores and eliminate 900 jobs in a $1 billion restructuring effort as the company amps up a turnaround plan under Chief Executive Officer Brian Niccol.

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INVESTMENT

Citi insists investor case for Thailand remains solid

Business, Chiratas Nivatpumin, Published on 25/09/2025

» Thailand's economic doldrums will surely be at the top of the policy agenda for the new government, given lagging growth, weak consumer confidence and rising fears that the strong baht will hurt the country's key export and tourism sectors.

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GENERAL

Thai baht leads Asian currencies downward

Published on 24/09/2025

» The Thai baht lost the most among subdued Asian currencies on Wednesday, as the dollar edged up in response to cautious remarks about further monetary easing by US Federal Reserve chief Jerome Powell.

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GENERAL

New Zealand names first woman as governor in central bank’s 90-year history

Bloomberg News, Published on 24/09/2025

» AUCKLAND — New Zealand named Anna Breman as the new Reserve Bank governor, appointing a woman to the role for the first time as it seeks to refresh an institution damaged by the unexpected departure of predecessor Adrian Orr earlier this year.

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GENERAL

Rate cut seen as turning point for crypto

Business, Nuntawun Polkuamdee, Published on 24/09/2025

» The Federal Reserve's first interest rate cut in over a year presents a turning point for cryptocurrencies, with Bitcoin, Ethereum and major altcoins poised to benefit from improving liquidity conditions, says digital asset investment advisor Merkle Capital.

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GENERAL

OECD ups world economic outlook as tariffs contained, for now

AFP, Published on 23/09/2025

» PARIS - The world economy will grow more than previously forecast this year after absorbing the shock of US President Donald Trump's tariffs, but their full impact remains uncertain, the OECD said on Tuesday.

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INVESTMENT

Cryptocurrencies sink as $1.5bn in bullish bets wiped out

Published on 22/09/2025

» Cryptocurrency traders saw more than $1.5 billion in bullish wagers liquidated on Monday, triggering a sharp selloff that sent Ether and other tokens plunging.  

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INVESTMENT

Official calls for rejig of 2026 budget

Business, Wichit Chantanusornsiri, Published on 22/09/2025

» The government is being urged to revise its 2026 budget strategy by trimming around 200 billion baht of "non-essential" spending to accommodate the incoming wave of foreign investment flowing out of China as a result of pressure from US President Donald Trump's policies.