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Porsche warns luxury not immune to economic woes
Reuters, Published on 25/10/2023
» BERLIN - Porsche AG reported nine-month results in line with its annual forecast on Wednesday but warned the luxury sector was suffering like others from higher costs and dampened consumer confidence as interest rates rise.
Finance Ministry plans to issue bonds overseas
Reuters, Published on 24/10/2023
» The Ministry of Finance plans to issue bonds overseas to create a benchmark for the private sector and to draw foreign investors' attention, a deputy minister of finance said on Tuesday.
Consumer confidence up
Reuters, Published on 09/10/2023
» Thai consumer confidence rose for a second straight month in September, boosted by government stimulus policies and higher foreign tourist numbers, according to a survey published on Monday.
Economy may face future inflation risk - Bank of Thailand
Reuters, Published on 04/10/2023
» Thailand's economic recovery is intact but inflation risks could weigh on the country's growth outlook, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput said on Wednesday.
Baht depreciates further; other Asian FX steady
Reuters, Published on 28/09/2023
» BENGALURU - Thailand's baht slumped to its lowest in more than 10 months on Thursday, hit by persistent worries over the country's fiscal outlook, while other Asian currencies steadied after recent losses against a rallying United States dollar.
Baht tumbles to 10-month low, hurt by high oil prices
Reuters, Published on 20/09/2023
» The baht fell to a 10-month low on Wednesday, while stocks and bonds also slid under foreign selling pressure, with investors worried that high oil prices and government spending plans would widen the country’s current account deficit.
Panama Canal water level at historic low
Reuters, Published on 06/09/2023
» PANAMA CITY - Water levels in the Panama Canal have not recovered enough as the end of the rainy season approaches and limits on daily transit and vessel draft will stay in place until late 2024, the waterway’s authority said on Tuesday.
Asian stocks hit 9-month lows
Reuters, Published on 17/08/2023
» SINGAPORE - Asian shares slid to nine-month lows on Thursday, while the dollar was at two-month peak as fears over China's sluggish economic recovery and concerns that the Federal Reserve may still raise interest rates rattled investors.
H&M probes Myanmar factory abuses
Reuters, Published on 16/08/2023
» LONDON - H&M told Reuters it is following up on 20 alleged instances of labour abuse at Myanmar garment factories that supply the world's second-largest fashion retailer, just weeks after top rival Zara owner Inditex said it is phasing out purchases from the Southeast Asian country.
Economic recovery intact, says Bank of Thailand
Reuters, Published on 16/08/2023
» Thailand's exports may be weaker than expected but the overall economic recovery was intact, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput said on Wednesday.