SendStory Logo

Asian bourses slip after Fed hike

Bangkok Post LogoBangkok Post2 mo ago

Asian bourses slip after Fed hike

Quick Summary

Many Asian stock exchanges deepened their losses on Thursday as currencies tanked after the US Federal Reserve delivered a third consecutive 75-basis-point interest rate cut overnight and signalled more to come through next year, sparking fears of recession.

Visitors will no longer be required to show their vaccination certificates or Covid-19 test results when they enter the country, and infected individuals with mild symptoms won't need to self-isolate when Thailand further relaxes its disease control measures next month.

The government's revenue collection during the first 11 months of fiscal 2022 surpassed its target by 117 billion baht, according to the Fiscal Policy Office.STAY INFORMED.


More Pictures

News Analysis

Category: Business Finance

Topics: Year Rates Recession Dollar Bank Points Losses Rate Thailand Interest Policy

Source Website Secure: Yes (HTTPS)

Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

News Source URL: bangkokpost.com

Readership Location: Thailand

Published Date: 2022-09-23, 05:00:00

News Timezone: GMT +8:00

Language: English

Original Article Length: 738 words

Reading Duration: 5 minutes read

Compatibility: Desktop Web, Mobile Web, iOS App, Android App

News ID: 2330478

Load More

About Publisher

Bangkok Post Logo

Name: Bangkok Post

Main Topics: BusinessFinance

Official Website: bangkokpost.com

Update Frequency: 10 posts per day

Last Update: 1w ago

Headquarters: Thailand

Coverage Areas: Thailand

Publication Owner: Independent Company

Publication Timezone: GMT +8:00

Languages Covered: English

RSS Feed: Available (XML)

API Available: Yes

Website Security: Secure (HTTPS)

Publisher ID: #214

Load More

SendStory makes reading the news super fast, short, and sweet by summarizing every story into 3 sentences. Our mission is to create an informed generation of people by making news extremely easy to read, while saving your precious time staying informed.

© Copyright 2022 SendStory. All Rights Reserved.