Showing 151 - 160 of 259
Asian markets track Wall St records on stimulus optimism
Reuters, Published on 08/02/2021
» Hopes that US lawmakers would pass President Joe Biden's huge stimulus package helped push Asian markets higher again Monday, while traders were also cheered by falling coronavirus infection rates and vaccine rollouts.
B300bn economic impact forecast for Q1
Reuters, Published on 07/01/2021
» The economy could lose as much as 300 billion baht in the first quarter after its largest coronavirus outbreak saw consumer mood sink to a five-month low in December, according to the University of the Thai Chamber of Commerce.
Business group cuts 2021 growth outlook
Reuters, Published on 06/01/2021
» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) on Wednesday lowered its growth forecast to 1.5-3.5% this year, from 2.0-4.0% projected last month, saying the country's new coronavirus outbreak, its most severe yet, will hamper an economic recovery.
Thailand among countries at risk in US Treasury's currency report
Reuters, Published on 16/12/2020
» WASHINGTON: Thailand is among several countries the US Treasury could label currency manipulators before President Donald Trump leaves office, analysts say, as the coronavirus pandemic skews trade flows and widens US deficits with trading partners.
Australia passes tough new veto powers over foreign agreements
Reuters, Published on 03/12/2020
» SYDNEY: Australia's parliament on Thursday passed legislation giving the federal government power to veto any agreement struck with foreign states, a move likely to anger China and intensify a bitter diplomatic spat between the two countries.
Big SE Asian IPOs see mixed debuts on outlook worries
Reuters, Published on 26/10/2020
» KUALA LUMPUR/MANILA: Shares in Philippines' second-largest IPO and Malaysia's largest offering in more than three years had a mixed debut on Monday, as analysts pointed to expansion concerns in pandemic-hit markets.
Economy faces severe shocks, slow recovery - BoT
Reuters, Published on 20/10/2020
» The economy faces severe shocks from the coronavirus pandemic and a recovery is expected to take at least two years to get back to pre-pandemic levels, the new central bank governor said on Tuesday.
Economic risks tilted to downside, says Bank of Thailand
Reuters, Published on 14/10/2020
» Thailand's economic outlook remains highly uncertain with risks tilted to the downside and the central bank stands ready to use necessary tools to support an economy hammered by the coronavirus pandemic, central bank officials said on Wednesday.
Clashes erupt in protests against new Indonesian jobs law
Reuters, Published on 08/10/2020
» JAKARTA: Police and demonstrators clashed in the Indonesian capital Jakarta on Thursday on the third day of protests and labour strikes against a polarising new jobs law passed in Southeast Asia’s largest economy earlier this week.
Investors shun Thailand as growth weakens, protests heat up
Reuters, Published on 02/09/2020
» SINGAPORE/HONG KONG: A selloff in the baht, underperforming stocks and pressure on the bond market reflect growing concern from global investors over political instability and the growth outlook in Southeast Asia's second-biggest economy, analysts and fund managers say.