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Asia rice - Vietnam, Thai rates dip as eyes turn to India

Reuters, Published on 12/07/2024

» BENGALURU - Rice export prices from Vietnam slipped to their lowest levels in a year, and Thai rates also dropped this week amid lacklustre demand, as markets awaited potential easing of restrictions by top exporter India.

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GENERAL

Vietnam may permit gold imports for first time in years

Reuters, Published on 12/06/2024

» SINGAPORE - Vietnam could allow companies to import gold for the first time in over a decade, as it aims to bridge the widening gap between local prices and international benchmarks, an industry official told Reuters.

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GENERAL

China's exports and imports return to growth

Reuters, Published on 09/05/2024

» BEIJING: China's exports and imports returned to growth in April after contracting in the previous month, customs data showed on Thursday, signalling an encouraging improvement in demand at home and overseas in a boost to a shaky economic recovery.

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Bank of Thailand to adjust rates amid changes: deputy chief

Reuters, Published on 23/04/2024

» WASHINGTON/BANGKOK: The Bank of Thailand (BoT), under pressure from the government to cut interest rates, could adjust monetary policy if the outlook for the economy changes and structural challenges clearly reduce its long-term potential growth, BoT deputy governor Alisara Mahasandana said.

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GENERAL

Oil prices dip as demand concerns outweigh Middle East supply fears

Reuters, Published on 17/04/2024

» TOKYO: Oil prices eased in early trade on Wednesday as worries about global demand due to weak economic momentum in China and fading hopes for U.S. interest rate cuts in the near term outweighed supply fears on heightened tensions in the Middle East.

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What happens next after China Evergrande ordered to liquidate

Reuters, Published on 29/01/2024

» HONG KONG - A Hong Kong court on Monday ordered China Evergrande, the world's most indebted developer, to be liquidated. The move could send shockwaves through already fragile Chinese capital and property markets. Such a process could be complicated, with potential political considerations, given the many authorities involved.

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GENERAL

Oil down more than 1% as Saudi price cuts offset Mideast worries

Reuters, Published on 08/01/2024

» NEW DELHI - Oil prices fell by more than 1% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in Opec output, offsetting worries about escalating geopolitical tension in the Middle East.

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Study reveals world's most expensive cities

Reuters, Published on 30/11/2023

» HONG KONG - Singapore and Zurich tied for the world's most expensive city this year, followed by Geneva, New York and Hong Kong, the Economist Intelligence Unit (EIU) said on Thursday as it cautioned that the global cost-of-living crisis was not yet over.

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Rice exports up nearly 12% since Jan 1

Reuters, Published on 31/08/2023

» Thailand’s rice exports from Jan 1 to Aug 29 climbed 11.9% from the same period a year earlier to 5.29 million tonnes, the Ministry of Commerce said on Thursday.

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KBank in talks to buy Vietnam lender in up to $1bn deal

Reuters, Published on 23/08/2023

» HANOI/SINGAPORE - Thailand's second-biggest lender Kasikornbank (KBank) is in talks to buy consumer finance provider Home Credit Vietnam in a deal worth up to US$1 billion that would further its push to expand in Vietnam, two sources said.