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Search Result for “rate cut”

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WORLD

Sinking Cities

Asia focus, Published on 02/09/2019

» One of the most pressing challenges the world is facing as a result of climate change is rising sea levels. Scientists predict that oceans will rise by between 0.3 and 2.5 metres by 2100. This will put many coastal areas at risk, with potentially catastrophic consequences for large cities.

BUSINESS

Opec output-cut deal provides lift for equities

Business, Published on 03/10/2016

» Recap: Global stock markets see-sawed last week with news developments. The relief rally that followed the previous week's Fed meeting ebbed, but Hillary Clinton's strong performance against Donald Trump in the first US presidential debate cheered investors. Also buoying sentiment was Opec's surprise agreement to cut oil output, but worries about the health of Deutsche Bank, which faces huge US fines for dodgy business practices, capped gains. The Opec decision helped the energy-heavy Thai stock market recoup some earlier losses.

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BUSINESS

Politics key to growth, warns ADB

Business, Published on 07/05/2015

» BAKU: Local politics and external uncertainties are the major threats to Thailand's economic growth, but the Asian Development Bank (ADB) is maintaining its 2015 growth forecast at 3.6% on the expectation that exports will gain pace.

BUSINESS

Finance minister backs policy rate, calls for new growth areas

Business, Published on 06/05/2015

» Baku: The current policy rate of 1.5% is accommodative enough to support economic growth, says Finance Minister Sommai Phasee.

THAILAND

Thailand’s growth slows, exports hurt

Bloomberg News, Published on 19/11/2012

» Thailand's growth slowed in the third quarter as cooling global demand hurt the country's exports, even as signs of a recovery in China and the United States signal the economy may have bottomed.