Showing 1 - 10 of 37
Struggle for independence
Business, Post Reporters, Published on 11/11/2024
» The inconsistent viewpoints of the government's fiscal policymakers, led by the Pheu Thai Party, and the monetary policymakers, led by the Bank of Thailand, indicate a clear rift over the past year.
Beware of currency storms
Business, InnovestX Securities, Published on 29/06/2024
» The health of Asian currencies has been making headlines lately. The Japanese yen has depreciated to the lowest in 38 years at 160 to the dollar, leading to reports that the Bank of Japan is signalling moves to reduce liquidity and possibly continue raising interest rates to control inflation and stop the depreciation.
Move Forward slams Srettha for public feud with central bank
Bloomberg News, Published on 23/02/2024
» The public sparring between Prime Minister Srettha Thavisin and Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput on monetary policy risks undermining the institution's independence and poses a threat to credit ratings, according to the opposition Move Forward Party (MFP).
Turkish inflation near 60% after policy U-turn
AFP, Published on 03/10/2023
» ISTANBUL - Turkey's annual inflation rate held steady near 60 percent last month, official data showed Thursday, offering the first evidence that President Recep Tayyip Erdogan's economic policy U-turn was working.
‘Decade of emerging markets’ may be about to regain traction
Bloomberg, Published on 12/06/2023
» Emerging-market bulls are still upbeat on the asset class, even after China’s highly-touted reopening rally fizzled and proved Wall Street’s early 2023 optimism to be misplaced.
Turkey inflation slows for first time since 2021
AFP, Published on 05/12/2022
» ISTANBUL - Turkey's inflation slowed in November for the first time since May 2021, official data showed on Monday, delivering a boost to President Recep Tayyip Erdogan ahead of next year's election.
Fetco chief condemns Fed policy of 'misguided' hikes
Business, Nuntawun Polkuamdee, Published on 14/10/2022
» The global economy is on the verge of falling into recession next year as countries have taken the wrong currency management path in response to the US Federal Reserve's aggressive policy rate hikes, a Thai economist warns.
Baht in spotlight after hitting 7-year low
Business, Janine Phakdeetham, Published on 13/07/2022
» The currency of Southeast Asia's second-largest economy hit a seven-year low of 36.35 baht against the greenback last week. Nonetheless, analysts feel upbeat about the baht's future in the second half of this year.
Rate hikes coming to emerging markets with debt at records
Bloomberg News, Published on 15/03/2021
» Alarm bells are starting to ring across emerging markets as countries brace for a new era of rising interest rates.
Turkey sentences three to jail for helping Ghosn flee Japan
AFP, Published on 24/02/2021
» ISTANBUL: An Istanbul court on Wednesday sentenced three Turks to four years and two months in prison for helping smuggle former Nissan boss Carlos Ghosn in a musical instrument case to Lebanon from Japan.