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Indonesia’s palm oil exports to ease only slightly despite curbs
JAKARTA (Bloomberg): Indonesia’s palm oil exports may drop by just 1 million tonnes this year, according to a top industry group, a sign that the government’s latest policy to cool prices will not significantly crimp overseas shipments.
Thai finance ministry keeps 2022 GDP outlook despite Omicron
BANGKOK: Thailand's finance ministry on Friday maintained its 2022 economic growth forecast at 4.0%, driven by a recovery in domestic spending and tourism, with COVID-19 outbreaks driven by the Omicron variant yet to have a significant impact.
Revised requirements for visitors under Thailand's 'Test and Go', starts Feb 1
BANGKOK (The Nation/Asia News Network): Thani Saengrat (pic), the spokesman for the Ministry of Foreign Affairs, revealed details of measures related to travel to Thailand, according to the resolution of the Centre for Covid-19 Situation Administration (CCSA) on Jan 20.
Portugal's abrasive far-right leader tipped for surprise poll gain
FARO, Portugal (Reuters) - Standing near the Algarve hotel where Portugal's growing far-right party hosted a recent dinner, Roma community member Catia Montes trembled at the thought of it securing more power in Sunday's snap election.
Credit Suisse expects 50 bps cut in China's first-half reserve requirement ratio
BENGALURU: Credit Suisse economists expect a further 50 basis point (bps) cut in China's reserve requirement ratio (RRR) in the first half of 2022, given the Asian economy is starting to ease policy while other countries are tightening.
Meme stock hangover: a year after GameStop, traders face gloomier markets
NEW YORK (Reuters) - The mood has shifted dramatically a year since a spectacular rally in shares of GameStop captivated Wall Street, launching a mania for so-called meme stocks and putting the spotlight on retail investors as a force to be reckoned with in markets.
Asian stocks, U.S. futures regain footing after hawkish Fed
ASIAN stocks rebounded of Friday after steep losses in the previous session as strong U.S. economic growth and Apple Inc's impressive earnings offset some bearishness generated by the Federal Reserve's hawkish comments.
WhatsApp gets EU ultimatum after new terms spark backlash
Meta Platforms Inc’s WhatsApp was given a month to answer European Union concerns over new terms and services that sparked outrage among consumers and privacy campaigners.
Asian markets mixed as torrid week draws to close
HONG KONG (AFP): Asian markets were mixed on Friday (Jan 28), at the end of a broadly damaging week for global investors as the Federal Reserve gave notice that the days of ultra-cheap cash were coming to an end quicker than some had envisaged.
Hong Kong extends social distancing, flight bans for 2 more weeks
HONG KONG (China Daily/Asia News Network): The Hong Kong government announced that its social distancing measures will remain in place until Feb 17 after the city recorded 164 new Covid-19 infections on Thursday (Jan 27), the highest single-day figure over the past two years.
