Showing 1 - 10 of 134
Traders cautious amid mixed signals from China
Business, Published on 19/10/2024
» RECAP: Asian stocks traded cautiously on Friday after mixed readings on the health of China's economy. The dollar traded close to an 11-week high as robust US economic data suggested the Federal Reserve need not cut interest rates too aggressively.
Thai growth upgraded as cash handout improves outlook
Business, Published on 17/10/2024
» Analysts have upgraded Thailand's GDP forecast for this year and next to 2.8% and 3%, respectively, thanks to the government's cash handout lifting the economy, but warned of an "economic cliff" in 2026 if no new growth engine is introduced.
Analysts expect Bank of Thailand to maintain policy rate at meeting
Business, Published on 15/10/2024
» A recovering domestic economy and the likelihood the United States Federal Reserve (Fed) might slow its interest rate cuts if inflation revives should prompt the Bank of Thailand (BoT) to maintain its policy rate at its meeting on Wednesday, say analysts.
Shares rise as US data points to more rate cuts
Business, Published on 12/10/2024
» RECAP: Stocks in the region rose after slightly weaker US labour data reinforced the belief that the Federal Reserve will continue to cut interest rates in November.
Hong Kong leads Asian shares higher
Business, Published on 05/10/2024
» RECAP: Hong Kong stocks led gains among most Asian equities yesterday, but Japanese stocks posted a weekly decline as new Prime Minister Shigeru Ishiba's seemingly shifting stance on interest rates unsettled investors.
Asian shares extend rally sparked by Fed
Business, Published on 21/09/2024
» RECAP: Asian shares extended their rally yesterday in the afterglow of an outsized US interest rate cut, while the yen edged higher as the Bank of Japan held rates steady and stayed upbeat on the economy.
Analyst sees Bank of Thailand as likely to copy Fed
Business, Published on 20/09/2024
» The Federal Reserve's large interest rate cut of 0.5 percentage points this week, the first reduction in four years, could pave the way for the Bank of Thailand to slash its policy rate in December, says CIMB Thai Bank chief economist Amonthep Chawla.
Asian shares advance on tech rally, rate optimism
Business, Published on 14/09/2024
» RECAP: Most Asian equity markets advanced on Friday, following a tech rally on Wall Street, while US economic data sustained expectations that the Federal Reserve would start cutting interest rates next week.
Asian equities steady after turbulent week
Business, Published on 07/09/2024
» RECAP: Asian equities were poised to end a turbulent week on a steady note and Thai shares had their best week of the year, while currencies edged higher ahead of crucial US payrolls data that could set the stage for a larger interest rate cut.
Thai baht weakens as China falters
Business, Published on 03/09/2024
» The baht led Asian currencies that weakened against the dollar on Monday on a faltering Chinese economy, with analysts suggesting the baht could be on a depreciating trend for the remaining months of this year if the US Federal Reserve (Fed) cuts rates by less than the 1% reduction anticipated by the market this year.