Showing 1 - 10 of 368
Central bank rate decision puts spat with PM in spotlight
Bloomberg News, Published on 09/04/2024
» As the Bank of Thailand (BoT) prepares to review monetary policy settings on Wednesday, investors will be watching for any sign that Prime Minister Srettha Thavisin’s relentless campaign for rate cuts is influencing the central bank.
Srettha poised to step aside as finance minister
Bloomberg News, Published on 13/03/2024
» Prime Minister Srettha Thavisin will relinquish his role as finance minister, according to a media report, a change that may ease tension with Bank of Thailand (BoT) over monetary policy.
Cash gifts, free milk raise risks to Thailand, Indonesia ratings
Bloomberg News, Published on 27/02/2024
» JAKARTA/BANGKOK - Southeast Asia’s new leaders risk blowing past budget constraints to make good on costly campaign promises of cash handouts and free lunches, increasing the risks to their prized investment-grade ratings.
Move Forward slams Srettha for public feud with central bank
Bloomberg News, Published on 23/02/2024
» The public sparring between Prime Minister Srettha Thavisin and Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput on monetary policy risks undermining the institution's independence and poses a threat to credit ratings, according to the opposition Move Forward Party (MFP).
Messi says Hong Kong no-show wasn't political, has affection for China
Bloomberg News, Published on 20/02/2024
» HONG KONG - Lionel Messi sought to draw a line under controversy about his failure to play in a football match in Hong Kong earlier this month, saying his absence was not due to political reasons and he has great affection for China.
Red Sea danger leads global oil buyers to switch markets
Bloomberg News, Published on 05/02/2024
» NEW YORK - The global oil market is looking increasingly local as militant attacks in the Red Sea and surging freight rates make supplies from closer to home more attractive.
Former Malaysia king halves Najib’s jail term to 6 years: report
Bloomberg News, Published on 31/01/2024
» Former Malaysian Prime Minister Najib Razak’s prison sentence has been shortened to six years from 12 years in a decision by a board led by the former King Abdullah Ahmad Shah, according to a Channel News Asia report.
African nations dominate top 10 economic growth spots
Bloomberg News, Published on 09/01/2024
» JOHANNESBURG - Africa faces economic headwinds this year, but some of the continent’s brightest sparks are shading it in a more hopeful light.
Rice prices scale fresh 15-year high as supply risks lnger
Bloomberg News, Published on 21/12/2023
» KUALA LUMPUR - Rice prices reached a fresh 15-year high on mounting concerns that increased demand and the impact of El Niño will further tighten supplies of the grain that is a staple for billions across Asia and Africa.
Central banks buying more gold than previously thought
Bloomberg News, Published on 31/10/2023
» NEW YORK - Central banks have loaded up on more gold than previously thought this year, offering crucial support to prices that have faced pressure from global monetary tightening.