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Analysts Forecast Slump in Thai Bourse
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The Stock Exchange of Thailand (SET) may face stagnation this month due to slow advancements in US-China and Thailand-US trade discussions along with a weak domestic economy. However, analysts suggest that the anticipated boost from the launch of Thai ESG Extra (ESGX) funds could provide some support. A division of the state-controlled China Galaxy…
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AirAsia Trims China Flights as Demand Wanes
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AirAsia is contemplating cutting back on flights between Thailand and China by at least 15% as a response to the downturn in the Chinese market. Simultaneously, the airline urges the Thai authorities to maximize tax refund benefits for visitors in an effort to swiftly boost consumer expenditure. Tassapon Bijleveld, executive chairman of Asia Aviation,…
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IMF’s Favor to Pakistan Sparks Controversy: Congress MP Manish Tewari Weighs In
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New Delhi [ India ], May 10 (ANI): Congress MP Manish Tewari criticized the International Monetary Fund for approving a $1 billion loan Pakistan , describing it as “highly regrettable,” and stated that the “empathy” towards the IMF towards Pakistan is clearly “unwarranted.” “It is terribly regrettable because the funds that go to Pakistan…
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Birla Corporation Unveils Robust Q3 Performance and Expansion Plans Ahead
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VMPL Kolkata (West Bengal), India – May 10: Birla Corporation Limited closed FY24-25 with strong quarterly output and sales volumes, leading to a combined net profit of Rs 257 crore for the March quarter, marking a 33% increase compared to the previous year. This improvement followed three difficult quarters that impacted the whole sector.…
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Inflation Slows Sharply, Hits 21.2% in April 2025
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By Juliet ETEFE ([email protected]) The inflation rate keeps declining, as indicated by the Consumer Price Index (CPI) report for April 2025, which shows a year-over-year (y-o-y) inflation rate of 21.2 percent. This represents a decrease of 1.2 percentage points from the 22.4 percent noted in March 2025, marking five successive months of declining inflation…
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India Must HeedWarnings From Flawed US-UK Trade Deal When Negotiating With America, GTRI Urges
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New Delhi [ India On May 10 (ANI), the recently finalized restricted trade agreements between the United States and the United Kingdom provide insights into the type of trade arrangements that Washington might seek to establish moving forward. India , the Global Trade Research Initiative (GTRI) GTRI ) said, cautioning the India n negotiators.…
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Vietnam Sees ‘Significant’ Rise in Demand for U.S. Goods, Trade Minister Says
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According to Minister of Industry and Trade Nguyen Hong Dien, Vietnam exhibits “substantial and steady” demand for importing premium products and services from the United States. He stated on Wednesday during a meeting with executives from leading firms such as Petrovietnam, Vietnam Electricity, Vietnam Airlines, Vietjet, Thaco, and Viettel that businesses ought to proactively…
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Kenya’s Banks Ranked: Lowest to Highest Loan Rates – International Edition (English)
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The Central Bank of Kenya (CBK) disclosed that the average lending rate across commercial banks was 15.77%. Following the reduction of the base lending rate by 0.75%, which brought it down to 10%, the typical loan interest decreased by 0.64%. The Middle East Bank (K) Limited and Access Bank (Kenya) have the highest loan…
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China’s Consumption Decline Worsens Amid Tariff War Impact
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China said Saturday that consumer prices slumped in April for the third straight month, reflecting persistent challenges as leaders attempt to revive an economy stymied by sluggish spending and a fierce trade war with Washington. The world’s second-largest economy has grappled with persistent deflationary pressure in recent years, as longstanding woes in the property…