Workers who are Social Security Fund members wait for Covid-19 tests in Din Daeng district, Bangkok, on May 8. (Photo: Apichit Jinakul) More than 9 million employees under Section 33 of the Social Security Act are not required to register for Covid-19 vaccination via the […]
Day: May 20, 2021
KBank sees diminished baht
Kasikornbank (KBank) forecasts the baht will weaken further against the US dollar by June this year because of dividend repatriation by foreign investors and the country’s lower current account surplus. For May 17-21, dividend payments of SET-listed companies are expected to exceed 18.7 billion baht, […]
US weekly jobless claims decline to fresh pandemic low
The number of Americans filing new claims for unemployment benefits dropped further below 500,000 last week, but jobless rolls swelled in early May, which could temper expectations for an acceleration in employment growth this month. Other data on Thursday showed factory activity in the mid-Atlantic […]
Israel and Hamas agree Gaza ceasefire after 11 days of fighting
Israel and Hamas have announced a ceasefire after 11 days of fighting in which 232 Palestinians in Gaza and 12 people in Israel have been killed. Israel’s security cabinet on Thursday said it voted unanimously in favour of a “mutual and unconditional” Gaza truce proposed […]
Biden orders climate risk strategy for US financial assets
President Joe Biden is ordering his administration to create a strategy to quantify the risks climate change poses to both public and private financial assets. In a four-page executive order that he signed Thursday, the president is asking Treasury Secretary Janet Yellen, in her role […]
Biden applauds Gaza ceasefire agreement between Israel and Hamas
United States President Joe Biden said on Thursday the US welcomes a ceasefire agreement between Israel and Hamas in the Gaza Strip and emphasised the US will continue to support Israel militarily. “The United States fully supports Israel’s right to defend itself against indiscriminate rocket […]
Biden signs US anti-Asian hate crimes law
United States President Joe Biden signed anti-hate crime legislation on Thursday directing federal law enforcement to address a rise in violent attacks against Asian Americans and Pacific Islanders during the coronavirus pandemic. “There are simple core values and beliefs that should bring us together as […]
EU warns China: No business investment deal if sanctions remain
The European Parliament warned China on Thursday that it won’t ratify a long-awaited business investment deal as long as sanctions against European Union legislators remain in place. EU lawmakers adopted a resolution in which they condemned “the baseless and arbitrary sanctions” imposed by Beijing on […]
US Treasury proposes 15 percent global minimum corporate tax rate
The U.S. has proposed that countries agree to a 15% global minimum corporate tax in international negotiations aimed at ending competition to lure companies through cheap rates, which then end up eroding government revenues. “It is imperative to work multilaterally to end the pressures of […]
Oil slumps two percent on possible return of Iranian supply
Oil slumped to the lowest in nearly a month as traders focused on the likelihood of a renewed nuclear deal with Iran and the potential removal of sanctions on the country’s crude exports. Futures fell 2.1% in New York on Thursday, posting a third straight […]