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Thai Q1 economic growth likely muted as exports, demand falter

Growth in Thailand's economy was likely subdued in the quarter through March despite solid tourist arrivals, hampered by weak exports and domestic demand, a Reuters poll of economists found. High household debt and borrowing costs hurt private consumption and customs-based exports fell in March for the first time since July 2023, dragging growth amid a slowdown in key trading partner China. Still, the government plans to implement a "digital wallet" stimulus policy this year - a...
Republic Of Susobhan Sarkar Veronica Khongwir Anant Chandak Bernadette Baum Srettha Thavisin
Source: yahoo.com

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Euro zone factory activity takes turn for the worse in April, PMI survey shows

By Jonathan Cable LONDON (Reuters) -The downturn in manufacturing activity across the euro zone deepened in April due to crumbling demand despite factories cutting prices, pushing firms to reduce headcount again, a survey showed on Thursday. But it was something of a patchwork decline in the region with the situation deteriorating in France and Italy…
Czech Republic City Of United Kingdom Toby Chopra Ros Russell Boudewijn Driedonks

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