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Thailand’s central bank cuts key rate again, lowers growth forecasts as tariffs loom

Growth next year is projected at 1.8% in the BOT’s ‘reference’ scenario and 1% in its worst-case

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Thailand’s central bank cuts rate again, could face recession as US tariffs loom

Growth next year is projected at 1.8% in the BOT’s ‘reference’ scenario and 1% in its worst-case scenario

Featured

Thailand’s central bank cuts rate again; economy could face recession as US tariffs loom

Growth next year is projected at 1.8% in the BOT’s ‘reference’ scenario and 1% in its worst-case scenario

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Chinese sovereign fund CIC to sell US$1 billion of US private equity investments: sources

The move, however, comes as geopolitical and trade tensions, especially between Beijing and Washington, have triggered market turmoil and uncertainty

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Salman Haider named head of Asean, CEO of Eastspring Singapore

This is in addition to his current role as chief distribution officer of the business

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UBS Q1 profit tops expectations on tariff-driven volatility in markets

SWISS bank UBS on Wednesday posted better than expected first-quarter net profit, helped by stronger earnings in trading driven by market turbulence...

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UBS Q1 profit tops forecasts but Trump tariff shock clouds outlook

The bank expects net interest income in its global wealth management business to decline sequentially by a low-single-digit percentage in Q2

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Nomura’s China losses narrow as brokerage seeks turnaround

The firm’s losses in the country contrast with profits for the broader Asia region

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Prudential’s quarterly new business profit rises on strong Hong Kong, China growth

PRUDENTIAL on Wednesday reported a 12 per cent rise in new business profit for the first quarter, as the Asia-focused insurer benefitted...

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AIA Group’s value of new business jumps on strong Hong Kong sales

HONG Kong-based insurer AIA Group reported a 13 per cent rise in its first-quarter value of new business (VONB) on Wednesday, bolstered...

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