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Search Result for “Fed”

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OPINION

Lop Buri before the monkeying around

Roger Crutchley, Published on 02/06/2024

» One of the first towns I visited in Thailand in the early 1970s was Lop Buri, about 150 km north of Bangkok. Its main appeal was its convenient three-hour train journey from Hua Lamphong. It offered a chance to escape Bangkok for a couple of days and experience a taste of life in a small town.

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INVESTMENT

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.

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GENERAL

Building wealth through health

Business, Published on 30/05/2024

» Financial markets price the future. About a year ago, the market was looking for an aggressive reversal of interest rates, reflecting the turmoil in the US banking system and the expectation of an economic slowdown.

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GENERAL

New finance minister a calming influence

Published on 29/05/2024

» SINGAPORE - Thailand’s new finance minister has caught investor attention with a more conciliatory approach to the central bank, opening a window for policy coordination to support the country’s battered markets.

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OPINION

Telling fortunes 'a nice little earner'

Roger Crutchley, Published on 26/05/2024

» A recent Thai news story concerned a man nabbed in an online fortune-telling scam. He would inform customers suffering from misfortune that their situation would dramatically improve if for a small fee he made a few prayers on his "direct line" to the deities in heaven.

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INVESTMENT

Asian shares decline as US rate-cut hopes dim

Business, Published on 25/05/2024

» RECAP: Asian stocks tracked Wall Street lower in response to more economic data that signalled the US Federal Reserve might keep interest rates on hold for most of this year. Regional currencies also took a hit as dollar strength persisted.

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GENERAL

Baht fundamentals have deteriorated

Business, Published on 23/05/2024

» Uncertainty surrounding the US interest rate trajectory, alongside geopolitical tensions, underpin much of the baht's weakness so far this year. We think the baht will trade sideways and reach 37.50 to the US dollar by year-end once these temporary factors subside.

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THAILAND

China frees journalist jailed for early Covid reports

Published on 22/05/2024

» A Chinese citizen-journalist who was sentenced in 2020 to four years in prison for disseminating “false” information regarding the Covid-19 outbreak in the central city of Wuhan has been released, according to her supporters.

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GENERAL

Gold hits all-time high amid geopolitical strife

Business, Nuntawun Polkuamdee, Published on 21/05/2024

» Gold prices soared to an all-time high of US$2,450 an ounce on Monday, as a slowing inflation trend in the US increased optimism that the Federal Reserve will start easing monetary policy this year, while geopolitical tension in the Middle East is on the increase.