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Worries about economic slowdown depress stocks

May 21, 2022 by www.bangkokpost.com Leave a Comment

Recap: Global shares moved higher on Friday but were still heading for losses compared with a week earlier as investors remain worried over high inflation and an economic slowdown. The SET index moved in a range of 1,590.96 and 1,626.16 points this week and closed at 1,622.95, for a gain of 2.43% from the previous week, in daily turnover averaging 71.99 billion baht for four operating days. Foreign investors were net buyers of 9.36 billion baht and institutional investors bought 1.68 billion baht. Retail investors were net sellers of 10.16 billion baht and brokers offloaded 878.66 million baht worth of shares. Newsmakers: US President Joe Biden arrived in Seoul yesterday to begin a four-day visit to South Korea and Japan, which will feature the official launch a long-awaited Indo-Pacific economic initiative to increase US engagement with Asia. UK inflation in April rose to a 40-year high of 9%, amid soaring energy and food prices, adding to pressure for action from … [Read more...] about Worries about economic slowdown depress stocks

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Australians vote to determine conservative government future

May 20, 2022 by www.chron.com Leave a Comment

This is a carousel. Use Next and Previous buttons to navigate 14 CANBERRA, Australia (AP) — Polling stations opened across Australia on Saturday for voters to decide whether Prime Minister Scott Morrison’s conservative government will defy odds and rule for a fourth three-year term. Opposition leader Anthony Albanese’s center-left Labor Party is a favorite to win its first election since 2007. But Morrison defied the opinion polls in 2019 by leading his coalition to a narrow victory. His coalition holds the narrowest of majorities — 76 seats in the 151-seat House of Representatives, where parties need a majority to form a government. Both leaders will campaign in Melbourne on Saturday before voting in their hometown of Sydney. The first polling stations will close on the country's east coast at 6 p.m. local time (08:00 GMT). The west coast is two hours behind. Due to the … [Read more...] about Australians vote to determine conservative government future

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Football’s clean sweep dream is on

May 21, 2022 by www.bangkokpost.com Leave a Comment

Thai weightlifter Witsanu Chantri on his way to winning gold in the men's 67kg division at the 31st SEA Games. (Reuters photo) Thailand reached the halfway mark in their attempt to sweep four gold medals in football at the 31st SEA Games in Vietnam when they won the men's futsal title on Friday. Hot favourites Thailand beat Vietnam 2-0 in their last round-robin game thanks to strikes by Muhammad Osamanmusa and Peerapat Kaewwilai, who became the tournament's joint top scorer with four goals. Thailand ended the contest with three wins and one draw, with Indonesia taking silver and Vietnam bronze. The Thai women's futsal team were crowned champions after beating Vietnam in the final on Thursday. The Football Association of Thailand (FAT) are aiming to bag all four golds in the men's and women's football and futsal events. The men's and women's football teams will both meet Vietnam in the title matches. Chaba Kaew coach Miyo Okamoto rated Vietnam as the favourites to win the … [Read more...] about Football’s clean sweep dream is on

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