Rajiv Biswas, Senior Director and Asia-Pacific Chief Economist of IHS Global Insight, says a political resolution, rather than an interest rate cut by the Bank of Thailand, would be the real solution to Thailand's economic woes.» Read More
SINGAPORE, Feb 21- Global cocoa prices have rallied to 2-1/ 2- year highs on worries El Nino could return in 2014, while other agricultural commodity markets could also be hit by the spectre of the weather anomaly. El Nino means "boy" in Spanish and was first used by anchovy fishermen in Ecuador and Peru in the 19th century.
SINGAPORE, Feb 21- The El Nino weather pattern that can trigger drought in some parts of the world while causing flooding in others is increasingly likely to return this year, hitting production of key foods such as rice, wheat and sugar. A strong El Nino can wither crops in Australia, Southeast Asia, India and Africa when other parts of the globe such as the U.S.
THAI FARMERS CALL OFF BANGKOK AIRPORT PROTEST FOR NOW AFTER GOVT ASSURANCE OF PAYMENT, FARMERS' SPOKESMAN SAYS.
LONDON, Feb 20- Gold steadied on Thursday after two sessions of losses that pulled it back from 3-1/ 2 month highs, as a retreat in stock markets after weak French and Chinese data boosted its appeal as an alternative asset.
LONDON, Feb 20- Gold edged higher on Thursday, snapping two sessions of losses that pulled it back from 3-1/ 2 month highs, as a retreat in stock markets after weak French and Chinese data boosted its appeal as an alternative asset.
*Government supporters plan rally for Sunday. BANGKOK, Feb 20- Protesters campaigning to oust Thai Prime Minister Yingluck Shinawatra turned to Facebook and other social media to attack businesses linked to her family on Thursday and rallied outside the offices of a property developer whose share price tumbled.
*Gold to hover above $1,307- technicals. SINGAPORE, Feb 20- Gold edged up in choppy trade on Thursday as the U.S. dollar gave up gains, while demand from the physical sector also underpinned prices. Gold hit a low of $1,308.34 an ounce on a firmer dollar before rising as high as $1,314.70 as the U.S. currency changed course.
*Government supporters plan rally for Sunday. BANGKOK, Feb 20- Protesters campaigning for months to oust Thai Prime Minister Yingluck Shinawatra turned their anger on businesses linked to her wealthy family on Thursday, rallying outside the offices of a property developer whose shares fell 5 percent.
*Shin group, AIS, Thaicom shares also fall for second day. BANGKOK, Feb 20- Shares in companies linked to the family of Prime Minister Yingluck Shinawatra fell on Thursday after anti-government protesters launched online campaigns to boycott goods and services connected to these firms.
BANGKOK, Feb 20- Protesters campaigning for months to oust Thai Prime Minister Yingluck Shinawatra turned their anger on businesses linked to her wealthy family on Thursday, rallying outside the offices of a property developer whose shares fell 5 percent.
*Gold to hover above $1,307- technicals. SINGAPORE, Feb 20- Gold slipped on Thursday as the dollar firmed after minutes from a U.S. Gold hit an intraday high of $1,314.50 before slipping to $1,309.85 by 0332 GMT, down $1.40.
Stephen Chang, Managing Director and Head of Asian Fixed Income at J.P. Morgan Asset Management, explains why Indonesian bonds look attractive.
Thitinan Pongsudhirak, Assistant Professor and Director of the Institute of Security and International Studies at Chulalongkorn University, says Yingluck Shinawatra is becoming impotent.
SINGAPORE/ BANGKOK, Feb 19- Millions of tonnes of Thai rice are set to flood into already oversupplied international markets when the government's controversial subsidy scheme grinds to a halt later this month. That will force farmers to offload the March harvest into a market currently dominated by India and Vietnam.
Tos Chirathivat, CEO of Central Group, expects 14 percent growth for the firm in 2014 following a drop in consumer confidence amid political unrest.
BANGKOK, Feb 18- Any comfort investors in Thailand draw from what happened four years ago, when economic growth, the stock market and foreign investment all surged despite deadly unrest in Bangkok, may be sorely misplaced.
BANGKOK, Feb 17- Thailand's economic growth slowed significantly in the final quarter of 2013 and the state planning agency cut its forecast for this year because of political unrest that could prevent the formation of a fully functioning government for months.
Mayuree Chowvikran, Investment Strategist at Maybank Kim Eng Securities, discusses Thailand's latest growth data.
OSLO, Feb 13- Norwegian Air, Europe's third-biggest budget airline, reported smaller-than-expected fourth-quarter losses on Thursday and said it ordered another four Boeing 787 Dreamliners as it expands its fledgling long-haul business.
MUMBAI, Feb 10- Tata Motors Ltd, India's biggest automaker by revenue, saw third-quarter net profits triple to their highest in a year-and-a-half on strong demand for its luxury Jaguar Land Rover vehicles and a one-time accounting gain. British luxury carmaker JLR, which Tata Motors bought in 2008, has been propping up profits at its parent for the past two years.