Showing 1-10 of 110 results
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Hong Kong cancels trading as typhoon nears
Bloomberg News, Published on 17/07/2023
» HONG KONG: Hong Kong cancelled trading on the city’s $5.2 trillion stock market on Monday because of typhoon Talim.
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Asian markets jump as US inflation cools
Business, Published on 15/07/2023
» RECAP: Asian stocks rose for a fifth straight day on Friday, on course for their best week this year, as cooling US inflation stoked speculation that the Federal Reserve could pause interest-rate increases after this month.
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Oil Prices Predicted to Recover Amidst Global Economic Rebound
Published on 14/07/2023
» The average price of ICE Brent crude oil in the second quarter of 2023 (April 1 - June 30, 2023) remained stable at $77.75 per barrel, indicating tighter supply in the market compared to the previous quarter. Following the OPEC and its allies (OPEC+) meeting on April 3, 2023, a consensus was reached to reduce crude oil production by 2 million barrels per day until the end of 2023. Additionally, several countries, including Saudi Arabia, the United Arab Emirates, Kuwait, Oman, Iraq, Algeria, Kazakhstan, and Gabon, volunteered to implement additional production cuts totalling 1.16 million barrels per day from May to December 2023. Furthermore, Russia extended its planned production cut by 500,000 barrels per day from March to June 2023 until December 2023. As a result, the total production reduction from May to December 2023 stands at 3.66 million barrels per day.
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India considers banning most rice exports
Published on 13/07/2023
» India, the world’s biggest rice shipper, is considering banning exports of most varieties, a move that may send already lofty global prices higher as the disruptive El Niño weather pattern returns.
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SME D Bank loans set to reach B70bn
Business, Wichit Chantanusornsiri, Published on 12/07/2023
» Most loans being issued by the Small and Medium Enterprise Development Bank of Thailand (SME D Bank) are to increase liquidity, with only a few for investment as entrepreneurs are still concerned about the unclear political situation, according to president Nartnaree Rathapat.
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Rice soars to two-year high in Asia
Bloomberg News, Published on 11/07/2023
» Rice prices in Asia have surged to the highest level in more than two years as importers build up stockpiles on fears that the onset of El Niño will parch plantations and damage crops.
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High potential for rice exports in H2
Business, Phusadee Arunmas, Published on 11/07/2023
» Thailand could ship up to 9 million tonnes of rice this year because of a surge in demand, driven by concerns over the potential impact of the El Niño weather phenomenon.
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Rice to get costlier as supply threatened
Reuters, Published on 06/07/2023
» MUMBAI: Global rice prices, now at their highest in 11 years, are set to rally further after India moved to boost payments to farmers, just as El Nino threatens yields in key producers and alternative staples get costlier for poor Asians and Africans.
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Brighter economic outlook foreseen in H2
Online Reporters, Published on 29/06/2023
» Business operators expect economic expansion in the next six months to be led by tourism growth and rising demand for industrial goods and farm products, according to the Ministry of Finance.
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Thai exports expected to improve in H2
Business, Phusadee Arunmas, Published on 28/06/2023
» Thai export prospects should improve in the second half of this year as the global economy recovers and conditions are enhanced among trading partners, says the Commerce Ministry.
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