Thailand's economic recovery may be the slowest in Southeast Asia, Nomura says
The coronavirus pandemic and ongoing political protests have left Thailand's economy in "pretty bad shape," said Euben Paracuelles of Nomura.
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Bank of England governor says negative rates are 'in the toolbox,' but there are no plans to cut below zero
His comments came shortly after the BOE's Monetary Policy Committee voted unanimously to keep benchmark interest rates at an all-time
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10-year Treasury yield falls close to 0.52% after record GDP contraction
At around 2:00 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was lower
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Treasury yields move lower after Iran launches missiles at US forces in Iraq
At 2:10 a.m. ET, the benchmark 10-year Treasury note, which moves inversely to price, was lower at around 1.7916%, while
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Treasury yields move higher as investors await economic data
At 4:20 a.m. ET, the benchmark 10-year Treasury note, which moves inversely to price, was higher at around 1.9452%, while
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Japan's launches $122 billion stimulus to fight trade risks, post-Olympic slump
However, Tokyo is also seeking to balance its need for stimulus with its drive to reduce its massive public debt,
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Credit Suisse to start charging wealthy clients for cash deposits
Credit Suisse will start charging wealthy clients with large cash deposits in Swiss francs, the latest Swiss bank to pass on
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Australian unemployment at one-year high in August, rate cut expected
Australian employment rose in August but the jobless rate worsened to a one-year high of 5.3% as more people looked
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BlackRock sees economic outlook worsening for the second half, but stocks doing well anyway
BlackRock lowered its global growth outlook, based on expectations that trade and geopolitical frictions will continue. The firm said central
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