Hanoi. Hovering world copper costs, fueled by an inflow of funds into the market, are dampening bodily demand for the steel in high client China, with consumers bracing for even larger costs. This month, copper costs have hit report highs on inventory exchanges world wide, pushed by a brief squeeze and funds betting on a … Read more
Beijing. China’s industrial manufacturing grew 6.7 p.c yearly in April, accelerating the 4.5 p.c tempo recorded in March, because the manufacturing sector’s restoration beneficial properties momentum. The official knowledge printed on Friday by the Nationwide Statistics Workplace (ONE) exceeded the 5.5 p.c enhance predicted in a Reuters ballot of analysts. Nevertheless, retail gross sales, an … Read more
Beijing. The People’s Bank of China said Wednesday it will accurately and effectively implement prudent monetary policy, pay more attention to countercyclical adjustments, and strive to expand domestic demand and boost confidence. China’s central bank will support banks to replenish capital and guide financial institutions to increase medium- and long-term lending to the manufacturing industry, … Read more
China’s mounting economic woes are worrying world leaders. Any major problem in the world’s largest economy affects all countries in one way or another. They are the largest producers and consumers of many key commodities. Affects growth Many economists believe that China will face major economic and social problems this year. High unemployment among the … Read more
Three years ago, Chinese policymakers did everything they could to stem the growth ofReal estate sectorAfter real estate prices Soaring from speculative buying The government hopes to eliminate financial risks from such a bubble. But what the Chinese government received in return is “Real Estate Collapse” That destroys household wealth in the world’s second-largest economy. … Read more
The bilateral summit between US President Joe Biden and Chinese President Xi Jinping that ended has been echoed by many media and analysts. Despite improving the atmosphere between the two countries, little progress has been made in efforts to repair relations between the two countries. One sign that echoed the day after was Company stock … Read more
Business operators hope that in the last 2 months, more long-distance tourists will escape the cold to travel to Thailand. After finding that free visa measures encourage tourists to stay longer and spend more Suggests extending measures to India and Taiwan for MICE operators around the world. Make Thailand number one in your heart Overtaking … Read more
Mr. Watan Jitsomnuek, Director of Strategic Analysis, Phai Securities (PI), revealedThai stock market situation this weekwith Nation Online that last Friday the United States reported non-agricultural employment at 336,000, better than Bloomberg Consensus expected at 171,000, but reported the unemployment rate at 3.8%, higher than Bloomberg Consensus expected at 3.7%, along with the Average hourly … Read more
Global Markets Group Bank of Ayudhya (BAY) revealed its outlook on the baht direction this week. There is a tendency to move within a range of 34.90-35.50 baht / dollar compared to last week. The baht closed at 35.06 baht/dollar after trading in the range of 34.62-35.19 baht/dollar last week. The baht touched the weakest … Read more
economist expects Chinese economy recovers slowly The Beijing government needs more stimulus plans. to support economic activities And bring back the shaky consumer confidence. behindChinaStrong start to the year When strict COVID control measures are lifted But the latest data suggests that economic activity is declining rapidly. due to sluggish demand both domestically and internationally … Read more