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Thailand’s central bank cuts key rate by 25 bps
Published Wed, Apr 30, 2025 · 03:46 PM[BANGKOK] Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30),...
Thailand’s central bank cuts key rate again, lowers growth forecasts as tariffs loom
[BANGKOK] Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to support an underperforming...
Singapore investors buy 2.5 tonnes of bullion in Q1, the highest since 2010
[SINGAPORE] Investors’ appetite for gold bars and coins remained strong in the first quarter of 2025. At 2.5 tonnes, the demand was up 35 per cent year on year,...
Nomura’s China losses narrow as brokerage seeks turnaround
[NEW YORK] Nomura Holdings posted a smaller loss at its joint venture in China last year, as the brokerage seeks to turn around the business in the face of...
TSMC starts building third Arizona plant as US tariffs loom
The CEO says that the third and fourth plants will use its most advanced N2 and A16 process technologies and the fifth and sixth plants will use even more...
Meta launches standalone AI app to compete with ChatGPT
[SAN FRANCISCO] Meta Platforms released a new standalone artificial intelligence (AI) app on Tuesday (Apr 29) in a bid to compete with other popular chatbots such as OpenAI’s ChatGPT.The...
Gold prices steady as investors await key US data, tariff updates
Published Wed, Apr 30, 2025 · 09:18 AM[BENGALURU] Gold prices held their ground on Wednesday (Apr 30) as investors awaited potential trade developments between the United States and its...
China asks drugmakers, hospitals to find US import substitutes
[NEW YORK] China has asked some of its state-owned drugmakers to study how they can reduce reliance on the US for pharmaceutical products and raw materials, sources familiar with...
Trump tempers auto tariffs, winning cautious praise from industry
[NEW YORK] US President Donald Trump moved on Tuesday to soften tariffs on automakers, sparking cautious optimism in an industry that has been on tenterhooks as it awaits details...
Oil prices fall 2% to two-week low as trade war concerns dampen demand outlook
[NEW YORK] Oil prices fell about 2 per cent to a two-week low on Tuesday as investors braced for Opec+ to boost output and worried US President Donald Trump’s tariffs would...
