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October 4, 2023
A shooting tragedy in a Bangkok mall adds to a double-whammy of rising rates and government spending worries that has hammered Thai assets and soured bets on the recovery of Asia's tourism giant. Thai tourism stocks slid 1.6% on Wednesday, dragging the benchmark index to its lowest since January 2021, while a stronger dollar sent the baht to an 11-month low. Foreign selling pressure has been building for weeks, with some $1.65 billion leaving Thai stock and bond markets since the start of...
October 4, 2023
BANGKOK - A 14-year-old boy has been remanded to a juvenile detention institute for psychiatric evaluation after being charged with murder
October 4, 2023
Analysts say the massacre at Siam Paragon in Bangkok compounds the negative effects of rising interest rates and concerns
February 27, 2023
Some of the worldโs top investors are betting the worst of the dollarโs rampage is over after the surge upended the global economy in ways that had few parallels in modern history.Having skyrocketed to generational highs last year โ deepening...
February 25, 2023
A weaker dollar will cool some of the price pressures that have been evident around the world.
May 10, 2022
Indian rupee falls to record low, drops below 21/Dh for the first time
May 9, 2022
Surging oil prices have also weighed heavy on the rupee with a surprise rate hike by the Reserve Bank of India last week doing little to stem capital outflows
May 9, 2022
The Reserve Bank of Indiaย has been using its forex reserves to stem the currency's losses. . Read more at straitstimes.com.
May 9, 2022
Rupee had shown significant weakness last week โ latest drop take it into new territory
May 9, 2022
Indian rupee falls to record low, drops below 21/Dh for the first time