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Search Result for “Fed”

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THAILAND

Endless Japanese Feast Unleashed at JW Marriott Bangkok

Published on 21/08/2024

» Food enthusiasts in the capital have a new reason to celebrate as JW Marriott Bangkok unveils an epic Japanese culinary experience. Starting August 17, 2024, Tsu Japanese Restaurant and Nami Teppanyaki Steakhouse will launch their "Tsu & Nami Endless Lunch" promotion, transforming the venues into a gastronomic playground every other Saturday.

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GENERAL

Baht tipped to rise to 36.1 to the greenback

Business, Nareerat Wiriyapong, Published on 09/07/2024

» The baht could appreciate further to 36.1 to the US dollar in the short term following recent gains to a one-month high on Monday as weaker than expected US economic data prompted the market to anticipate the Federal Reserve may start trimming US interest rates in September.

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GENERAL

Analysts see continued baht decline this year

Business, Nareerat Wiriyapong, Published on 28/06/2024

» The baht is likely to plunge to 37.25 to the US dollar in the short term, as Asian currencies slumped to their weakest level since 2022 amid continued outflows from both the Thai stock and bond markets, attributed to ongoing global volatility pending US interest rate cuts, say economists.

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GENERAL

KKP wary on baht outlook despite uptick

Business, Published on 07/06/2024

» The baht has posted a short-term gain, rising to a two-week high of stronger than 36.5 to the dollar on Thursday, but Kiatnakin Phatra Financial Group (KKP) warns the Thai currency could depreciate because of Thailand's structural problems.

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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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GENERAL

Gold traders eye $2,500 this year amid frenzied buying

Business, Nareerat Wiriyapong, Published on 07/05/2024

» Local gold traders say global prices remain on course to reach US$2,500 per ounce in the second half of 2024, after slipping below $2,300 recently, although the market lowered expectations for US interest rate cuts to a maximum of two times this year, down from 3-4 earlier.