Showing 1 - 10 of 35
China's exports and imports return to growth
Reuters, Published on 09/05/2024
» BEIJING: China's exports and imports returned to growth in April after contracting in the previous month, customs data showed on Thursday, signalling an encouraging improvement in demand at home and overseas in a boost to a shaky economic recovery.
Banks to cut rates by 25 bps for 'vulnerable groups'
Reuters, Published on 25/04/2024
» Banks will cut lending rates by 25 basis points for vulnerable groups for a period of six months, the Thai Bankers Association (TBA) said on Thursday, responding to a government request to help small businesses.
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.
Oil prices dip as demand concerns outweigh Middle East supply fears
Reuters, Published on 17/04/2024
» TOKYO: Oil prices eased in early trade on Wednesday as worries about global demand due to weak economic momentum in China and fading hopes for U.S. interest rate cuts in the near term outweighed supply fears on heightened tensions in the Middle East.
Oil prices rise as Israel weighs response to Iran attack
Reuters, Published on 16/04/2024
» Oil prices rose on Tuesday amid heightened tensions in the Middle East after Israel's military chief said his country would respond to Iran's weekend missile and drone attack amid calls for restraint by allies.
Central bank's independence must not overlook people's suffering: PM
Reuters, Published on 11/04/2024
» Prime Minister Srettha Thavisin said on Thursday that an interest rate cut by the Bank of Thailand (BoT) would have been good for the Thai economy, in response to the bank’s decision to hold interest rates steady.
China's central bank adds to gold reserves as price soars
Reuters, Published on 08/04/2024
» LONDON - China's central bank added 160,000 troy ounces of gold to its reserves in March, it said, in line with the market view that persistent official sector demand had supported gold's continuing rally.
Household debt rises to 91.3% of GDP
Reuters, Published on 29/03/2024
» The ratio of household debt to gross domestic product in Thailand rose slightly to 91.3% at the end of 2023 from 91% in September, the Bank of Thailand said on Friday, as the economy slowed.
Exports up 3.6%, below forecast
Reuters, Published on 26/03/2024
» Thailand’s exports rose for the seventh straight month in February, but at a much slower pace, missing analysts’ forecasts, as shipments to China and Japan contracted.
Inflation slowing, seen at 1% this year
Reuters, Published on 22/03/2024
» The Finance Ministry hopes to see monetary policy easing soon, a senior official said on Friday, adding that inflation was slowing and was expected to be at 1% for the year, bottom of the 1% to 3% target range.