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.
Gold is reaching record heights as investors scramble for safe havens following US President Donald Trump's bombshell tariff threats.
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.
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).
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,
Bangkok's SET gained 0.3%. In other dealings early Monday ... which raised hopes that the Federal Reserve may deliver more cuts to interest rates this year. More such cuts, which began in September, would ease the brakes off the economy and boost prices ...
Global stocks have advanced in thin Lunar New Year trading following a rebound on Wall Street driven by tech stocks as the panic over Chinese AI company DeepSeek fades. Most
Other AI-related companies also held steadier, including chip company Broadcom, which rose 2.6%. Constellation Energy picked up 1.4% after plummeting nearly 21% on Monday. It had earlier rallied on expectations it will help supply the electricity that vast AI data centers would gobble up.
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our columnist says.
To double down on its pro-crypto agenda, Thailand is reportedly exploring a stablecoin that is backed by bonds, not fiat currencies.
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 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. Chinese shares shed early gains after a survey of manufacturers showed export orders dropping to a five-month low.