Reuters Asia Business

BANGKOK (Reuters) – Thailand cannot contemplate any interest hikes until its economy is fully recovered, and fiscal and monetary policy will continue to support businesses and an economic recovery, the finance minister said on Wednesday. The government is aiming for 4% economic growth this year while trying to develop new growth engines such as startups …

Thai economy must recover fully before any rate hikes – Finance Minister Read More »

By David Lawder and Jason Lange WASHINGTON (Reuters) – The United States is poised to unleash a wider array of sanctions against Russia if Moscow escalates the conflict in Ukraine, denying key Russian financial institutions and companies access to U.S. dollar transactions and global markets for trade, energy exports and financing. But the United States …

As sanctions start, Russia’s trade flow shifting towards China Read More »

By Chuck Mikolajczak NEW YORK (Reuters) – The U.S. dollar dipped slightly against a basket of major currencies on Tuesday amid choppy trade spurred by developments in Ukraine after Russian President Vladimir Putin recognized two breakaway regions in the country and ordered troops to the area. The Kremlin said it remained open to diplomacy with …

Dollar dips in choppy trade as investors weigh Ukraine scenarios Read More »

By Hari Kishan and Jonathan Cable BENGALURU (Reuters) – Global stock markets were already headed for a volatile year with modest gains even before the latest escalation of the Russia-Ukraine crisis, according to a Reuters poll of around 120 equity market analysts and brokers around the world. Russian President Vladimir Putin’s decision on Monday to …

Global stock market outlook modest even before Russia-Ukraine escalation: Reuters poll Read More »

By Elizabeth Culliford (Reuters) – Facebook is launching its short video feature Reels to more than 150 countries, its owner Meta Platforms said on Tuesday, in a move to expand its fastest growing content format. The social media giant, which recently lost a third of its market value after a dismal earnings report, has highlighted …

Facebook launches Reels globally, betting on ‘fastest growing’ format Read More »

By Noah Browning LONDON (Reuters) -Efforts by governments to drive an economic rebound are likely to add strain to tight oil supplies and could send prices to fresh peaks, unless international talks end sanctions on Tehran and lead to a surge in Iranian exports. High energy prices are fueling global inflation already at multi-decade highs …

Oil price set to test fresh peaks barring Iran breakthrough Read More »