Showing 1 - 10 of 42
OPEC+ Delays Production Increase Following a Drop in Oil Prices.
Published on 18/09/2024
» The average price of ICE Brent crude oil in Q3 2024 (from July 1 to September 9, 2024) was $80.4 per barrel, down from an average of $84.9 per barrel in Q2 2024. This decline is attributed to OPEC+’s planned increase in crude oil production by 180 KBD per month from October to December 2024, and by 213 KBD per month from January to September 2025. (Previously, OPEC+ had voluntarily reduced production by 2.2 million barrels per day.) Additionally, demand declined as the US driving season ended, and the political situation in Libya stabilized. However, on September 5, 2024, eight OPEC+ members announced a two-month delay in the production increase plan.
China new home prices fall at fastest pace in over 9 years
Reuters, Published on 14/09/2024
» BEIJING - China's new home prices fell at the fastest pace in more than nine years in August, official data showed on Saturday, as supportive measures failed to spur a meaningful recovery in the property sector.
Bank of Thailand holds key rate at 2.50%
Published on 21/08/2024
» The Bank of Thailand (BoT) left its key interest rate unchanged for a fifth straight meeting on Wednesday, as widely expected, despite a sluggish economy and fiscal policy uncertainty after the Constitutional Court dismissed Srettha Thavisin as prime minister last week.
Inflation up in July, above forecast
Reuters, Published on 07/08/2024
» Thailand's headline consumer price index (CPI) rose 0.83% in July from a year earlier, after the previous month's annual increase of 0.62%, the Commerce Ministry said on Wednesday.
TikTok, Universal Music Group seal new deal to return Taylor Swift, BTS, other artists to hit short video app
Published on 03/05/2024
» HONG KONG: TikTok is bringing back many of the world's most popular recording artists - including Taylor Swift, BTS and Drake - under a new licensing deal with Universal Music Group (UMG), even as the hit short video platform faces a sell-or-ban ultimatum from the United States government.
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.
Western armed forces facing a recruitment crisis
News, Peter Apps, Published on 01/04/2024
» Every morning on the aircraft carrier USS Dwight D Eisenhower, an unsuspecting crew member is called to the bridge, presented with a cookie and asked to sit in the captain's chair.
Sycamore, Franchise Group Submit Bids for Kohl's
Business, Published on 04/06/2022
» Kohl's Corp. received takeover bids from private-equity firm Sycamore Partners and retail holding company Franchise Group Inc., according to people familiar with the matter.
Malaysia c.bank raises interest rate in surprise move
Published on 11/05/2022
» KUALA LUMPUR: Malaysia's central bank unexpectedly raised its benchmark interest rate from a historical low on Wednesday, as rising commodity prices, strained supply chains and strong demand conditions fanned inflationary pressures.
Bank of Thailand: More than one solution
Business, Pathom Sangwongwanich, Published on 03/03/2020
» Concerns over the economy entering a technical recession have overshadowed the importance of addressing possible adverse effects on employment from the Covid-19 outbreak, says the Bank of Thailand.