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Showing 41-50 of 2,607 results
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Gold prices soar as Fed expected to end rate hike
Business, Nuntawun Polkuamdee, Published on 05/12/2023
» The price of gold futures surged above US$2,100 per ounce while the price of Bitcoin passed $40,000 on Monday morning in response to growing expectations that the Federal Reserve (Fed) has finished with its US interest rate hike and will begin a rate cut next year.
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NESDC issues warning on welfare spending surge
Business, Wichit Chantanusornsiri, Published on 28/11/2023
» The National Economic and Social Development Council (NESDC) has warned the government that the fiscal gap is starting to narrow due to the expansion of the state welfare budget, said secretary-general Danucha Pichayanan.
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Zero-Covid leaves a long tail in China
Oped, Published on 28/11/2023
» For three years, China's zero-Covid policy consistently received high-profile media coverage from the Chinese and the international press. During the first phase of the pandemic, China's mass mobilisation of resources and strict region-wide lockdowns were seen as highly effective. But after vaccines arrived and Western countries resumed normal economic activities, China's ongoing restrictions became a source of growing concern.
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Jobs growth weakest in 5 quarters as economy slows
Reuters, Published on 27/11/2023
» Thailand's employment in the third quarter rose 1.3% from a year earlier, the state planning agency said on Monday, the slowest rate in five quarters amid a sluggish economy and weak demand for its exports.
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Asian markets tread water, waiting for US cues
Business, Published on 25/11/2023
» RECAP: Asian currencies and equities were largely subdued on Friday, with the baht and South Korean won leading declines, as increasing scepticism over whether the Federal Reserve is done with interest rate hikes kept risk appetite in check.
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US economic uncertainty means bigger 'Black Friday' discounts
AFP, Published on 24/11/2023
» NEW YORK - The retail sector's efforts to entice holiday gift purchases builds to a crescendo this weekend with the annual "Black Friday" shopping day followed by the newer "Cyber Monday."
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Call for new strategy to entice Chinese visitors
Business, Molpasorn Shoowong, Published on 23/11/2023
» Thailand needs to rejig its tourism strategy to reboot the Chinese market as arrivals from the mainland this year are projected to reach only 26.8% of the 2019 level, says a former governor of the Tourism Authority of Thailand (TAT).
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The risks that are threatening India's rise
News, Published on 23/11/2023
» A few decades ago, India was a relatively minor player on the world stage. Despite its size and vast population, it grappled with what became pejoratively known as the "Hindu rate of growth," with GDP increasing at a tepid annual pace of 4%, or 2% per capita from 1947, when it gained independence, until the 1980s.
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Baht hits two-month high
Business, Nareerat Wiriyapong, Published on 07/11/2023
» The baht traded at a two-month high on Monday and is expected to remain strong until year-end as the market considers whether the Federal Reserve might cut interest rates sooner than previously forecast in 2024, say analysts.
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US hiring cools as unemployment ticks up
Published on 03/11/2023
» WASHINGTON - US job growth moderated in October by more than expected and the unemployment rate rose to an almost two-year high, marking a step down from the heated hiring pace this summer.
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