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GENERAL

Central bank says current inflation goal 'appropriate'

Bloomberg News, Published on 30/05/2024

» The Bank of Thailand (BoT) defended its goal to keep inflation within a band of 1% to 3% as "appropriate" for the prevailing economic conditions, after the government sought a review over concerns the current target may be too low.

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WORLD

Uniqlo owner sees no impact from China slowdown

Business, Bloomberg News, Published on 29/09/2015

» Tokyo: The Walt Disney Co's new park in Shanghai would help the Uniqlo casual wear brand expand in China, Fast Retailing Co chairman Tadashi Yanai said on Saturday, shrugging off concerns over an economic slowdown in the Japanese retailer's largest overseas market.

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BUSINESS

BoT unexpectedly cuts key interest rate again

Bloomberg News, Published on 29/04/2015

» The Bank of Thailand unexpectedly cut its benchmark interest rate for a second straight meeting, just hours after the Finance Ministry lowered its economic growth forecast for this year.

BUSINESS

Baht rallies on inflows, current account

Bloomberg News, Published on 02/02/2015

» The baht climbed the most in two weeks after foreign funds pumped money into local stocks and the nation posted a record current-account surplus.

BUSINESS

Thai bonds extend rally

Bloomberg News, Published on 12/12/2014

» Thai bonds rose for a sixth week on speculation the slowest inflation in five years will give the central bank room to cut interest rates and spur economic growth.

WORLD

Philippines wins Moody’s upgrade

Bloomberg News, Published on 11/12/2014

» The Philippines won a second rating upgrade from Moody’s Investors Service in just over a year, even as the central bank highlighted growth risks in refraining from raising interest rates on Thursday.

BUSINESS

Thai bonds post longest rally

Bloomberg News, Published on 02/12/2014

» Thailand's slowest inflation in five years and prospects of a protracted slump in oil prices are a boon for bond investors enjoying the longest rally since 2010.

BUSINESS

Baht falls on economic outlook

Bloomberg News, Published on 04/11/2014

» The baht declined for a 10th day, the longest losing streak since September 2011, and bonds gained on concern the economy’s outlook is deteriorating.

BUSINESS

Bonds halt gain on Fed stimulus exit

Bloomberg News, Published on 31/10/2014

» Thailand's five-year bonds halted a seven-week run of gains and the baht declined after the Federal Reserve ended its bond-buying programme, damping demand for emerging-market assets.

BUSINESS

Rupiah leads Asia weekly gains

Bloomberg News, Published on 18/10/2014

» HONG KONG/JAKARTA — Indonesia’s rupiah and the South Korean won led gains in Asian currencies this week as investors pushed back bets for higher US interest rates, reducing demand for the greenback.