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Search Result for “lunar new year”

Showing 1 - 10 of 17

BUSINESS

ECB holds interest rates as strong euro causes jitters

AFP, Published on 05/02/2026

» FRANKFURT (GERMANY) - The European Central Bank held interest rates steady for its fifth straight meeting Thursday, saying the eurozone economy remained "resilient" despite mounting worries about the impact of a stronger euro.

BUSINESS

Bitcoin drops below $70,000 as ‘forced deleveraging’ accelerates

Bloomberg News, Published on 05/02/2026

» NEW YORK — Bitcoin tumbled below US$70,000 Thursday as negative momentum deepened across cryptocurrencies, driven by vanishing marginal demand and this week’s volatility in tech equities along with precious metals.

BUSINESS

Toyota to raise global hybrid car output by 30% in 2028 as EV demand slows

Kyodo News, Published on 05/02/2026

» KYODO — Toyota Motor Corp will increase its global hybrid vehicle production in 2028 by 30% from the level planned for this year, accounting for some 60% of its worldwide output, sources close to the matter said Thursday.

BUSINESS

‘Crisis of faith’ pushes Bitcoin to 15-month low

Bloomberg News, Published on 05/02/2026

» Bitcoin slumped below $72,000, a level last seen 15 months ago, as a broad risk-off sentiment engulfed global markets on Thursday.

BUSINESS

Malaysia imposes ban on e-waste imports 

Reuters, Published on 05/02/2026

» KUALA ‍LUMPUR - ‍Malaysia ‍has imposed a ban on imports of electronic waste, as it ‌looks to tighten controls on ​the entry of hazardous materials and safeguard the environment, the head of the country's anti-graft body said.

BUSINESS

Thai inflation negative for 10th straight month

Reuters and Online Reporters, Published on 05/02/2026

» Thailand’s annual headline inflation rate was negative for ‌a 10th straight month ​in January, driven by lower energy prices and government support measures, but is set to turn positive by April, the Ministry of Commerce said on Thursday.

BUSINESS

Billionaire clan said to weigh $2bn Thai Summit sale

Bloomberg, Published on 05/02/2026

» Thai Summit Group, the country’s largest auto-parts manufacturer, is weighing a sale of its business amid mounting pressure from the global shift to electric vehicles, political uncertainty and family succession gaps, according to people familiar with the matter.

BUSINESS

CPN property fund looks to upgrades for growth

Business, Published on 05/02/2026

» CPN Retail Growth Leasehold Real Estate Investment Trust (CPNREIT) is reinforcing the strength of its high-quality asset portfolio by transforming Central Pinklao and Central Chiangmai Airport.

BUSINESS

Flood recovery lag weighs on Hat Yai

Business, Molpasorn Shoowong, Published on 05/02/2026

» While most hotels in Hat Yai have already resumed operations, insufficient flood relief has resulted in only 30% of shops and restaurants reopening, leading to a weak outlook for tourism revenue during the Chinese New Year, according to the Hat Yai Songkhla Hotels Association.

BUSINESS

Mall Group seeks measures to spur consumer spending

Business, Boonsong Lipimas, Published on 05/02/2026

» The Mall Group Co Ltd views fresh government stimulus measures, improved baht exchange rates and tourism as key drivers in reviving consumer spending this year.