Thailand’s economy may shrink 3.7 percent this quarter following the worst flooding in almost 70 years, the government said, adding to the case for an interest- rate cut as early as next week. Gross domestic product rose 3.5 percent ...
Tags: market view, economy
Growth in Southeast Asian economies including Malaysia and Thailand may have peaked last quarter as the European debt crisis and Thai floods hurt the outlook for exports, adding pressure on policy makers to cut interest rates. ...
Tags: market view, finance
Plexus Cotton Limited reports that NY futures ended the week mixed, as December managed to close unchanged at 99.50 cents, while March dropped 240 points to close at 96.48 cents. For most of the week the market tried to work its way higher ...
Tags: industry trends, cotton
Due to heavy losses resulting from weak demand as well as over expansion, about 10% of LED companies in China are expected to withdraw from the segment soon. The rapid growth of the LED industry in China has been attracting many firms to ...
Tags: market view, led chip