Showing 31 - 40 of 112
Thai, Asian markets sink as traders contemplate Fed tightening
Reuters, Published on 21/06/2021
» Thai and other Asian markets tumbled Monday on growing expectations the Federal Reserve will begin lifting interest rates as early as next year as it looks to prevent the economic recovery from overheating.
Indonesia central bank keeps rates steady
Reuters, Published on 18/03/2021
» JAKARTA: Indonesia's central bank kept its key interest rate steady at a record low on Thursday, holding fire after a bout of monetary support during the pandemic, and pledged to strengthen currency intervention amid global market uncertainty.
GameStop effect spreads as calls for probe build
Reuters, Published on 28/01/2021
» The battle between small-time traders and hedge funds that has shaken US and European stock markets moved into Asia on Thursday, with surges in several Australian companies joining a list of social-media hyped moves that have cost financial institutions billions of dollars.
Bond markets buckle
Reuters, Published on 19/03/2020
» TOKYO/SYDNEY: Bond prices gyrated on Thursday with desperate investors dumping government bonds and hoarding cash in markets gripped by pandemic fears that have forced central banks to step up support for debt.
US consumer spending rises moderately
Reuters, Published on 31/10/2019
» WASHINGTON: US consumer spending increased marginally in September while wages were unchanged, which could cast doubts on consumers' ability to continue driving the economy amid a deepening slump in business investment.
Bangkok Bank, PTT lead Thai shares higher
Reuters, Published on 30/10/2019
» The Thai benchmark advanced 0.7% to lead the pack in the region, underpinned by gains in financial and energy stocks. Bangkok Bank Plc scaled 6% while oil and gas major PTT Exploration and Production Plc rose 3.4% after posting a jump in quarterly net profit.
New Mekong dam in Laos opens to protests, dried-out downstream
Reuters, Published on 29/10/2019
» NONG KHAI: The first hydropower dam on the lower Mekong River began commercial operations in Laos on Tuesday amid protests from Thai villagers who say the Xayaburi Dam and several others in the works will destroy their livelihoods.
‘Tiger Temple’ blames govt for deaths of rescued tigers
Reuters, Published on 16/09/2019
» The much-criticised Tiger Temple tourist attraction on Monday blamed the government for the deaths of scores of its tigers seized by authorities in 2016, denying official accounts that the big cats died from inbreeding and disease.
US economy slows in second quarter
Reuters, Published on 29/08/2019
» WASHINGTON: The US economy slowed in the second quarter, but the strongest growth in consumer spending in 4½ years amid a strong labor market could further temper financial market expectations of a recession.
US retail sales increase in boost to economy
Reuters, Published on 16/07/2019
» WASHINGTON: US retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the economy from weak business investment.