Thailand's manufacturing production index (THMPI=ECI) dropped 0.8% in May from a year earlier, the industry ministry said on Tuesday, weaker than analyst forecasts.The May reading compared with a year-on-year decrease of 0.34% forecast in a Reuters poll, and followed a revised fall of 0.94% in the…
MUSCAT, Oman/PRNewswire/ — Al Mouj Muscat, Oman's flagship integrated tourism destination, has unveiled the findings of an independent impact study showing it has contributed approximately USD 2.3 billion to the Sultanate's GDP over the past two decades. Conducted by leading Omani research firm, Th…
Singapore's second-half GDP growth outlook is turning positive amid the de-escalation of U.S.-Iran tensions, says DBS senior economist Chua Han Teng in a report. The economy is likely to benefit as financial markets, business and consumer confidence improve amid easing geopolitical tensions. The gl…
India’s rupee opened weaker on Tuesday (June 30), slipping 3 paise to 94.57 against the US dollar compared with Monday’s (June 29's) close of 94.54/$, tracking losses in Asian peers and persistent dollar demand from importers.The domestic currency remained under pressure despite relatively stable c…
Thailand’s industrial production dropped 0.80% year-on-year in May 2026, worse than market expectations of a 0.48% decline.It marked the second consecutive month of contraction in industrial production and the steepest decline since last November, amid higher oil prices and disruptions caused by th…
Thailand's manufacturing production index (THMPI=ECI) dropped 0.8% in May from a year earlier, the industry ministry said on Tuesday, weaker than analysts' forecasts.The May reading compared with a year-on-year decrease of 0.34% forecast in a Reuters poll, and followed a revised fall of 0.94% in th…
Malaysian palm oil traded below MYR 4,600 per tonne, extending recent losses as a firmer ringgit and weakness in rival edible oils on the Dalian and Chicago exchanges weighed on sentiment.Crude oil prices also fell amid the prospects of possible U.S.-Iran talks, reducing support for edible oil mark…
China's central bank ramped up liquidity injections on Tuesday, doubling the amount of cash supplied through overnight reverse repos as seasonal month-end demand intensified.The People's Bank of China (PBOC) offered 600 billion yuan ($88.3 billion) to financial institutions through the overnight re…
By Kimberley KaoCal-Maine Foods Inc. has reached a settlement with the U.S. Justice Department and various state Attorneys General after a probe over its egg pricing.The 15-month federal investigation looked into allegations the company and other egg producers coordinated pricing through an informa…
Copper futures steadied above $6.1 per pound on Tuesday but remained on track to fall more than 4% for the month, pressured by expectations of tighter US Federal Reserve policy that has dampened the demand outlook for industrial metals.Markets continue to price in three Fed interest rate hikes this…
(02:58 GMT) *Cal-Maine Foods Reaches Resolution With Department of Justice, 17 States' Attorneys General >CALM (02:58 GMT) *Cal-Maine Foods: Wasn't Assessed Any Fines or Penalties >CALM (02:58 GMT) *Cal-Maine Foods: Agreed to Implement Certain Compliance, Reporting Measures >CALM (02:58 GMT) *Cal-M…
China’s factory and non-manufacturing activity fared better than expected in June, according to Bloomberg.BofA’s Helen Qiao said supply-side factors have been “pretty resilient for some time,” but the key question is demand, including consumption and investment.
By Ronnie HaruiThe yen fell to a 40-year low against the dollar in Asia on Tuesday, putting traders on high alert for potential currency intervention by the government.Japanese Finance Minister Satsuki Katayama on Tuesday renewed her pledge to stop excessive yen volatility. "We will take appropriat…
European natural gas prices hovered around €42.7 per MWh on Tuesday after rallying more than 4% in the previous session, as investors looked ahead to US–Iran talks in Qatar following weekend strikes from both sides that stoked supply fears.President Donald Trump said negotiations with Tehran are se…
By Ronnie HaruiThe yen fell to a 40-year low against the dollar in Asia on Tuesday, putting traders on high alert for potential currency intervention by the government.Japanese Finance Minister Satsuki Katayama on Tuesday renewed her pledge to stop excessive yen volatility. "We will take appropriat…
China’s factory and non-manufacturing activity fared better than expected in June, as booming exports offset cooling growth in the domestic economy.The official manufacturing purchasing managers’ index climbed to 50.3 after slipping in May to 50, the threshold separating expansion from contraction…
The South Korean won traded near 1,545 per dollar, remaining close to its weakest level in over three weeks as persistent foreign equity outflows continued to weigh on the currency.Overseas investors sold a record KRW 7.7 trillion worth of KOSPI shares in the previous session, extending their net s…
By Pablo SinhaGold prices fell more than 1% on Tuesday and were set for their biggest monthly decline since October 2008, as uncertainty in the Middle East gave way to expectations of U.S. interest rate hikes to tame elevated inflation.Spot gold TVC:GOLD declined 1.5% to $3,956.92 per ounce by 0221…
The offshore yuan weakened to around 6.79 per dollar in June, reversing two consecutive months of gains as a stronger US dollar and a series of softer-than-expected daily fixings from the People's Bank of China weighed on the currency.The dollar strengthened as investors priced in higher-for-longer…
By Ellen Zhang and Marius ZahariaU.S. retailers have brought forward orders from China by four-to-six weeks to secure their inventories for Black Friday and Christmas holiday sales before expected tariff hikes later this year, shipping executives said.U.S. President Donald Trump's visit to China la…
