Business

US Fed starts easing path, other major central banks on hold

  By Reuters and published by Yahoo!Finance London –The US Federal Reserve has delivered its first rate cut since December, diverging from most other major central banks that have kept interest rates unchanged. The Bank of England kept rates steady on Thursday (Sep. 18) and the Bank of Japan is expected to follow on Friday,

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Local news

No Thai banks involved in arms sales to Myanmar: FM

  By Thai Newsroom Reporters FOREIGN MINISTER MARIS Sangiampongsa today (July 18) categorically dismissed a United Nations report that Thai-owned banks had been allegedly involved in arms sales to Myanmar government forces. During today’s interpellation in the House of Representatives, the foreign minister denied the unnamed Thai banks had been involved in money transactions worth

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