Thai central bank increases key interest rate to 1.50%

The Bank of Thailand’s Monetary Policy Committee agreed unanimously on Wednesday to raise the key interest rate by 25 basis points, to 1.50%, with immediate effect.   The central bank said in its statement that the Thai economy is continuing to recover, thanks to private sector consumption and the Chinese government allowing its citizens to […]

China’s 2022 growth seen as its lowest in 40 years

China’s economic growth for 2022 is expected to have been among its weakest in four decades after the twin crises of the pandemic and property woes, analysts said ahead of Tuesday’s GDP announcement.Ten experts interviewed by AFP forecast an average 2….