PARIS: Investors are watching inflation carefully, worried that a boiling over of prices will ruin the expected strong pandemic recovery although analysts believe Europe faces much less of a risk than the United States. Source: Business
Read More »Cross-border trade to grow up to 6%
Thailand’s cross-border trade is expected to recover to growth of 3-6% this year, helped by Covid-19 vaccine distribution and the global economic recovery. Source: Business
Read More »Analysts raise Clubhouse concerns
The rise of audio-based social networking app Clubhouse has sparked concerns about privacy violations, data leaks, unauthorised imitation apps, sales of invitations for app access as well as audio deep fakes, say cybersecurity experts. Source: Business
Read More »Trading app Robinhood says facing US regulator inquiries
SAN FRANCISCO: Stock trading app Robinhood on Friday confirmed it is cooperating with inquiries from US regulators into its decision to temporarily throttle purchases of shares in companies such as GameStop during frenzied trading in January. Source: Business
Read More »New TIAA CEO in rare company as Black female Fortune 500 leader
NEW YORK: Giant US asset manager TIAA named Thasunda Brown Duckett as chief executive, making her the second African American tapped in 2021 to lead a major US enterprise. Source: Business
Read More »Airlines get nod to transit
International passengers will be allowed to transit Thailand from Monday, the Civil Aviation Authority of Thailand (CAAT) has announced. Source: Business
Read More »Tourists flock to eastern provinces
Holidaymakers have been flocking to resort islands in the eastern provinces this long holiday weekend after the government further eased restrictions there. Almost 10,000 tourists travelled to Koh Lan on Friday alone. Source: Business
Read More »Shares sink, bond yields jump amid inflation fears
Recap: Global shares plummeted as a bond selloff reflected growing fears that a strong global economic recovery will fan inflation and force interest rates higher. Asian shares led by Tokyo, Hong Kong, Mumbai, Taipei, Sydney and Shanghai all retreated. Source: Business
Read More »Excise mulls delaying drink tax hike
The Excise Department is considering freezing the step-up hike of the excise levy placed on drinks with a sugar-based sweetener to reduce business operators’ financial burdens. Source: Business
Read More »Tour operators flail amid industry disruption
The global pandemic marks the most severe crisis in 60 years for Thai tourism as the number of international arrivals bottomed out at 6.7 million last year, compared with nearly 40 million in 2019. Source: Business
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