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Search Result for “rate cut”

Showing 1 - 9 of 9

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LIFE

Faces of courage

Life, Arusa Pisuthipan, Published on 20/05/2024

» Si Leeya knew he had fallen prey to leprosy at the age of 15. Overwhelmed by fear of social stigma, he decided to run away from home.

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GENERAL

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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BUSINESS

Bangkok Bank, PTT lead Thai shares higher

Reuters, Published on 30/10/2019

» The Thai benchmark advanced 0.7% to lead the pack in the region, underpinned by gains in financial and energy stocks. Bangkok Bank Plc scaled 6% while oil and gas major PTT Exploration and Production Plc rose 3.4% after posting a jump in quarterly net profit.

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BUSINESS

Lukewarm lending growth for listed banks

Business, Somruedi Banchongduang, Published on 25/07/2017

» Eleven listed commercial lenders' total loans expanded at a tepid pace in the first half, rising slightly less than 2% since the end of last year and reflecting banks' cautious approach and lukewarm loan demand.

BUSINESS

US politics dent sentiment but energy shares lift set

Business, Published on 22/05/2017

» Recap: Asian stock markets retreated in response to a ballooning political crisis in Washington, with reports that President Donald Trump tried to interfere with an investigation into his campaign's links with Russia before firing his FBI chief. The Thai stock market outperformed a bit as buying in heavyweight energy stocks offset a selling spree in banks expected to be hurt by lending rate cuts.

BUSINESS

Scepticism about Trump tax plan keeps stocks in check

Business, Published on 01/05/2017

» Recap: Cautious optimism over the US President Donald Trump's radical tax reform and concern about global trade and "America First" policies kept investors' appetite for risky assets in check last week. Concerns about an uptick in bad loans at large banks and the arrival of the XD season triggered a selling spree in the Thai stock market.

BUSINESS

Greek drama and Chinese rout push shares down

Business, Published on 06/07/2015

» Recap: Greece's debt default weighed on global stock markets last week ahead of yesterday's referendum. The start of this week promises to be choppy as US investors return from a long weekend and markets weigh the results of the Greek vote.

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ADVANCED NEWS

Weekly business news quiz: October 21-25, 2013

Jon Fernquest, Published on 25/10/2013

» Check if you understand the issues and vocabulary in this week's most important business news stories.

BUSINESS

Growth quickens on local demand

Bloomberg News, Published on 18/02/2013

» Thailand's economic growth accelerated in the fourth quarter on rising exports and local demand, reducing pressure on the central bank for further interest-rate cuts.