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Search Result for “high excise tax”

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BUSINESS

Thai business group keeps growth forecast at 1.6% to 2.0%

Reuters, Published on 04/02/2026

» Thailand's economy is expected to grow within a range of 1.6% to 2.0% this ‌year, a leading business group ​said on Wednesday, maintaining its previous forecast amid political turmoil and a likely decline in exports from last year's high base.

BUSINESS

Gold near 2-week low ahead of CME increase in margins

Reuters, Published on 02/02/2026

» ​Gold extended its fall on Monday with increases in CME precious metals margin requirements set to take effect on session close weighing on prices, while investors gauged US President Donald Trump's Fed chair pick Kevin Warsh's approach to rate cuts.

WORLD

Myanmar election delivers victory for military-backed party amid civil war

Reuters, Published on 30/01/2026

» NAY PYI TAW — Myanmar's military-backed party has completed a sweeping victory in the country's three-phase general election, state ‌media said, cementing an outcome long expected after a tightly ​controlled political process held during civil war and widespread repression.

BUSINESS

Gold's blistering rally continues past $5,200 as dollar plunges to 4-year low

Reuters, Published on 28/01/2026

» BENGALURU — Gold broke ​through US$5,200 for the first time on Wednesday, after rising more than 3% on Tuesday, as the dollar plunged to a near four-year low amid persisting geopolitical concerns, ahead of a US Federal Reserve monetary policy decision.

WORLD

Atomic scientists set 'Doomsday Clock' closer to midnight than ever

Reuters, Published on 28/01/2026

» WASHINGTON — Atomic scientists set their "Doomsday Clock" on Tuesday closer than ever to midnight, citing aggressive behaviour ​by nuclear powers Russia, China and the United States, fraying nuclear arms control, conflicts in Ukraine and the Middle East and artificial intelligence (AI) worries among factors driving risks for global disaster.

BUSINESS

Thai Finance Ministry maintains 2026 growth forecast at 2.0%

Reuters, Published on 27/01/2026

» Thailand's economy is expected to grow 2.0% this year, the ‌Finance Ministry reported on Tuesday, maintaining ​its previous forecast.

BUSINESS

Asian currencies soar as dollar weakens with yen intervention in focus

Reuters, Published on 26/01/2026

» BENGALURU — The Malaysian ringgit and the Singapore dollar climbed to multi-year highs on Monday as a broadly weaker US dollar and renewed gains in the Japanese yen lifted Asian currencies, with investors remaining on high alert for possible intervention to support the yen.

BUSINESS

Thai industrial sentiment retreats after 7-month high

Reuters, Published on 21/01/2026

» Thailand's industrial sentiment index ‌fell in ​December 2025 after hitting a seven-month high in November over concerns about the border conflict ‌with Cambodia and uncertainties about government policies, the Federation ‌of Thai Industries (FTI) reported on Wednesday.

BUSINESS

Gold crosses $4,800 for the first time as US, EU spar over Greenland

Reuters, Published on 21/01/2026

» Gold prices surged to a record ​high above $4,800 per ounce on Wednesday, buoyed by safe-haven demand and a softer dollar as U.S. President Donald Trump's pursuit of Greenland threatened to reignite a trade war with Europe and upend the NATO alliance.

BUSINESS

Gold surges as US capture of Venezuelan  president spurs safe-haven demand

Reuters, Published on 05/01/2026

» DELHI - Gold prices ​climbed on Monday and other precious metals surged, after the United States captured Venezuelan President Nicolas Maduro over the weekend, escalating geopolitical tensions and lifting safe-haven demand.