Thai Central Bank Renews Case to Limit $14 Billion Cash Stimulus

Thailand’s central bank remains firm in its opposition to a government plan to give nearly $14 billion in cash to almost all its adult citizens to revitalize consumption activity, saying the prudent thing would be to limit assistance to the needy.

BNN BloombergJun 19 00:22 ET

Thai Central Bank Chief Warns Against Tweaking Inflation Target

Thailand’s central bank governor pushed back further against a government suggestion to raise the monetary authority’s inflation target, spelling out the risks of such a move to Southeast Asia’s second-largest economy.

BNN BloombergJun 18 00:07 ET

Hong Kong Census and Statistics Department: In the first quarter, the total income of Hong Kong residents increased by 9.6% year-on-year to 831 billion Hong Kong dollars.

In the first quarter of 2024, the total income of Hong Kong local residents (referring to the total income earned by Hong Kong residents through various economic activities) calculated at the then market price increased by 9.6% to HKD 831 billion, compared to the same period last year.

Zhitong FinanceJun 17 04:43 ET

Hong Kong Exchanges and Clearing Limited has proposed five policy recommendations to promote the dual growth of liquidity and efficiency in Hong Kong's capital markets.

According to the Zhongtong Finance APP, on June 17th, Hong Kong's Financial Services and the Treasury Bureau released a research report entitled "Promoting Dual Growth of Liquidity and Efficiency: Optimizing Hong Kong's Securities Trading Mechanism and Market Operations".

Zhitong FinanceJun 17 02:00 ET

Hong Kong's High Interest Rates May Persist Due to Uncertainty of Fed Rate Cuts

The Hong Kong Monetary Authority said high interest rates may remain for some time as it is uncertain when the US Federal Reserve will cut its interest rates, according to a Thursday press release by

MT NewswiresJun 13 23:00 ET

Bank of Thailand Holds Rates Despite Modest Inflation

Despite modest inflation, the Bank of Thailand voted to keep its key interest unchanged at 2.50%, the central bank disclosed Wednesday.

MT NewswiresJun 13 04:17 ET