Showing 1 - 10 of 2,765
Asian shares ease back on profit-taking
Business, Published on 22/06/2024
» RECAP: Asian shares ended the week with a whimper after a recent rally to 26-month highs drew profit-taking, while the relentless strength in the US dollar pushed the Japanese yen towards the intervention zone.
EV startup files for bankruptcy
Published on 18/06/2024
» BENGALURU - American electric vehicle (EV) maker Fisker filed for bankruptcy protection late on Monday as deal talks with a big automaker collapsed, exposing the startup to the fallout of a rapid cash burn to deliver its 'Ocean' SUVs in the United States and Europe.
PM: New inflation target should increase rate-cut odds
Published on 13/06/2024
» An upcoming review of the country’s inflation target range by the Bank of Thailand and the Ministry of Finance should increase the chance of an interest-rate cut, Prime Minister Srettha Thavisin said on Thursday.
Consumer confidence at 7-month low
Reuters, Published on 13/06/2024
» Thai consumer confidence dropped for a third straight month in May, falling to its lowest level since October last year on concerns over a slow economic recovery and political uncertainty, a survey showed on Thursday.
2% inflation targets wiggle room
News, Published on 11/06/2024
» This week's milestone G7 interest rate cuts dispel any notion that hitting 2% inflation targets spot on is a precondition for central bank moves or indeed sensible -- and may guide thinking on the Federal Reserve and Bank of England too.
Thailand aiming for at least 3% growth this year, more tourists
Published on 10/06/2024
» Thailand is aiming to achieve at least 3% economic growth this year and seeks to attract more foreign tourists and accelerate public and private investment, Finance Minister Pichai Chunhavajira said on Monday.
Government to set new growth target, accelerate investment spending
Published on 10/06/2024
» The government will accelerate its investment spending and set a new target for economic growth this year, Finance Minister Pichai Chunhavajira said on Monday, as it seeks to kick start an economy that has lagged regional peers.
Asian shares advance on rate-cut optimism
Business, Published on 08/06/2024
» RECAP: Asian stocks revived as central banks in the euro zone and Canada began their rate easing cycles this week, adding to expectations that the US Federal Reserve could soon follow suit.
Business group keeps growth forecast at 2.2% to 2.7%
Reuters, Published on 05/06/2024
» Thailand's economy is recovering slowly and is expected to grow 2.2% to 2.7% this year, unchanged from a previous forecast, a leading joint business group said on Wednesday.
Asian shares recover on hopes for policy support
Business, Published on 01/06/2024
» RECAP: Asian stocks recovered on Friday after a three-day selling streak, boosted by a decline in US Treasury yields and weakness in the dollar amid optimism for more policy support after disappointing economic data from the US, China and Japan.