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).
Shares are mixed in Asia after U.S. stocks edged back from their all-time high, with many regional markets closed for lunar new year holidays
Economists are projecting both the US Federal Reserve (Fed) and the Bank of Thailand (BoT) to keep interest rates unchanged at their first meetings of 2025 amid uncertainties, dismissing a recent call from US President Donald Trump for rates to be cut immediately.
Asian stocks advanced Wednesday in thin Lunar New Year trading following a rebound on Wall Street driven by tech stocks as the panic over Chinese AI company DeepSeek faded. Most
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World shares were mostly lower on Monday after U.S. stocks edged back from their all-time high, with many Asian markets closed for holidays. In early European trading,
The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths diverge, as the United States holds interest rates steady, the euro zone cuts,
The Hong Kong Monetary Authority left its base rate unchanged at 4.75% on Thursday, tracking a move by the U.S. Federal Reserve to keep rates steady.
WASHINGTON - Billionaire hedge fund manager Scott Bessent won Senate approval Monday to become US Treasury secretary, placing him at the forefront of implementing Donald Trump
Shares were mixed in thin Asian trading on Monday after U.S. stocks edged back from their all-time high. Oil prices fell and U.S. futures sank, while Chinese shares shed some of their early gains after a survey of manufacturers showed export orders dropping to a five-month low.
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.
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