The Bank of Thailand is projected to cut interest rates in the first half of 2025 as the country needs support from both fiscal and monetary policies to spur economic growth, says Kasikorn Asset Management (K-Asset).
SLB helped lead the market after the provider oilfield services delivered bigger profit and revenues for the end of 2024 than analysts expected. It jumped 6.1% after it also raised its dividend by 3.6% and said it’s returning $2.3 billion to its investors by buying back its own stock.
Among the actives, Advanced Info rallied 2.54 percent, while Thailand Airport stumbled 1.27 percent, Asset World tanked 2.38 percent, Banpu climbed 0.97 percent, Bangkok Bank shed 0.33 percent ...
The Monetary Authority of Singapore (MAS), which uses the exchange rate as its main policy tool rather than interest rates, will "reduce slightly" the slope of its policy band, according to a statement Friday. There was no change to the width of the band or the level at which it is centred.
The Bank of Japan’s decision comes ahead of the Federal Reserve’s meeting next week, which will be closely watched for its outlook under the new president.
Only a few individuals qualify to be called educators in every sense of the word. One such person is Datuk Anthony Sibert from Penang.
U.S. stocks rose to a record as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year.
Gold rose to near a record high as the dollar fell after President Donald Trump signaled a less aggressive approach to China.
Singapore’s central bank eased its monetary policy for the first time in nearly five years, saying economic growth is likely to slow this year and inflation will stay contained.
The annual fee is steep, but it's more than worth it for those who want to travel in comfort and also bring a friend along. It's a luxury card for those who fly frequently with Delta and can ...
Asian currencies consolidated against the dollar in the morning session but may strengthen on prospects for Fed rate cuts that would diminish the appeal of U.S. fixed-income assets and demand for the greenback.
Mitsubishi Power announced it has completed construction of a 1.4-GW natural gas-fired combined-cycle power plant in Thailand, with the second unit of the two-unit station now in commercial operation.