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House Republicans have prepared the four separate, full-year spending bills that are certain to be rejected by the Democ...
24/09/2023

House Republicans have prepared the four separate, full-year spending bills that are certain to be rejected by the Democratic-controlled Senate. So far, the House has passed only one of 12 appropriations bills for the fiscal year, which the Senate has not planned to take up.

To talk about a CR (continuing resolution) is too premature," Republican Representative Andy Ogles told reporters outsid...
24/09/2023

To talk about a CR (continuing resolution) is too premature," Republican Representative Andy Ogles told reporters outside a House Rules Committee meeting on Friday ahead of the vote. "We have a task at hand which is to pass 12 appropriations bills and that's what we need to focus on."

The bank reiterated it is ready to raise rates further as needed to rein in inflation that leapt to nearly 59% in August...
23/09/2023

The bank reiterated it is ready to raise rates further as needed to rein in inflation that leapt to nearly 59% in August and is expected to rise into next year. It has hiked rates by 2,150 basis points since June.

Turkey's central bank raised its key interest rate by a lofty 500 basis points to 30% on Thursday, marking a second mont...
23/09/2023

Turkey's central bank raised its key interest rate by a lofty 500 basis points to 30% on Thursday, marking a second month of aggressive tightening after President Tayyip Erdogan set aside his long opposition to tight policy.

U.S. stock futures edged higher Friday, but are on course to post hefty weekly losses in the wake of the Federal Reserve...
22/09/2023

U.S. stock futures edged higher Friday, but are on course to post hefty weekly losses in the wake of the Federal Reserve signaling interest rates will stay higher for longer.

The Bank of Japan maintained its extremely accommodative monetary policy stance, hitting the yen, while U.S. stocks are ...
22/09/2023

The Bank of Japan maintained its extremely accommodative monetary policy stance, hitting the yen, while U.S. stocks are set for hefty weekly drops in the wake of the Federal Reserve’s hawkish tilt. Microsoft (NASDAQ:MSFT) could soon receive U.K. approval for its Activision purchase, while an expansion of the UAW draws nearer.

Government spokesperson Chai Wacharonke highlighted that the world's largest asset management firm, which manages total ...
21/09/2023

Government spokesperson Chai Wacharonke highlighted that the world's largest asset management firm, which manages total assets of US$9.43 trillion as of Q2 2023, is keen on investing in clean energy sectors such as wind and solar power, garbage recycling, and small to large businesses promoting the BCG model. This model is unique as it requires highly skilled workers and reduces the use of natural resources by half.

The CEO of BlackRock Inc (NYSE:BLK)., Larry Fink, expressed interest in expanding the company's investments in Thailand,...
21/09/2023

The CEO of BlackRock Inc (NYSE:BLK)., Larry Fink, expressed interest in expanding the company's investments in Thailand, particularly focusing on the government's Sustainability Linked Bonds and the bio-circular-green (BCG) sector. The meeting between Fink and Thai Prime Minister Srettha Thavisin took place on Wednesday, on the sidelines of the United Nations General Assembly (UNGA78) in New York

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