The baht is moving within the range Keep an eye on the US GDP numbers tonight.
Date: 25 April 2024 Foreign Exchange Department Conditions of movement in the foreign exchange market on Thursday, April 25, 2024. The baht opened the market this morning (25/4) at the level of 37.11/12 baht / US dollar. Weakened from the closing level of the market on Wednesday (24/4) at 37.01/02 baht / US dollar. By the US dollar Still strengthening against major currencies The US Department of Commerce revealed US durable goods orders.
Such as aircraft, cars and large machinery with a useful life of three years or more rose 2.6% in March, above analysts’ expectations of 2.5% after rising 0.7% in February Basic durable goods orders This is order for capital goods not including aircraft. and weapons products It is an indication of the business sector’s spending plans. rose to 0.2% in March after increasing 0.4% in February.
for domestic factors The Monetary Policy Committee (MPC) estimates that in 2024 the Thai economy is likely to expand at a level of 2.6%, while in 2025 it will expand at a level of 3.0%, with supporting factors of (1) the tourism sector which has improved.
Meta Crashes: A Look At The Sluggish US…
Mark Zuckerberg has big plans for the Facebook Group, but investors are falling apart in the share price. The major indexes are not doing well either. Overall, Wall Street has had a fairly mixed day. However, there are a few surprises.
100 heads 17.430,50
Cloudy corporate balance sheets and declining interest rate expectations have weighed on US stock markets. The Dow Jones index of standard stocks closed about one percent lower at 38,085 points. The technology-heavy Nasdaq fell 0.6 percent to 15,611 points. The broad S&P 500 lost 0.5 percent to 5,048 points. From the investor’s point of view, there was not much to be happy about from the economic point of view. Gross domestic product (GDP) grew by an annualized 1.6 percent in the first quarter, while experts had expected a 2.4 percent increase.
“The economy continues to grow, but more slowly, and inflation remains sluggish. That means the Fed is unlikely to cut interest rates in June and is a big question mark for the rest of the year,” said Peter Cardillo, main market. economist at Spartan Capital Securities. According to LSEG data, money markets expect the Fed to cut interest rates by around 36 basis points this year.
Intels Strong Q1 Earnings Overshadowed By Disappointing Revenue…
Intel’s First Quarter Earnings Report
Intel, trading under the symbol INTC, released its first quarter financial results, surpassing analysts’ expectations for both revenue and earnings. However, the company’s forecast for the second quarter fell short of Wall Street’s projections, leading to a decline in its stock value.
Q2 Revenue Outlook
Intel’s projected revenue for the second quarter is expected to range between $12.5 billion and $13.5 billion, falling below analysts’ consensus of $13.63 billion for the upcoming period.
AI Market Expansion
With the introduction of its new Gaudi 3 AI accelerator, Intel aims to increase its market share in the AI sector, competing against industry giants like Nvidia and AMD. Additionally, the company is targeting consumer and enterprise customers with its AI PC lineup.
Financial Performance
In the first quarter, Intel reported adjusted earnings per share of $0.18 on revenue of $12.72 billion, surpassing Wall Street’s estimates. This marks a significant improvement from the same period last year when the company reported a loss per share of $0.04 on revenue of $11.7 billion.
Corporate Restructuring
Intel is undergoing a transformation from designing and manufacturing its own chips to producing chips for external clients.
MeToo: Harvey Weinsteins Conviction For Rape Overturned By…
2024-04-25 20:30:48
25 avril 2024
Today at
22:30
A new trial will take place after a New York appeals court overturned his 2020 sexual assault conviction, a major setback for MeToo.
A twist in the Weinstein affair: a New York appeals court overturned the former movie mogul’s sexual assault conviction this Thursday, granting a new trial to the latter. A scathing setback for the prosecution, the alleged victims and the #MeToo movement, and renewed hope for Weinstein, who is currently serving a prison sentence 23 years in prison.
The decision, taken by a majority of four votes to three, is based on “blatant errors” made during the 2020 trial. The judge would have, according to the court, unduly allowed women accusing Weinstein of facts not retained in the trial to testify.
Ces testimonies, deemed “prejudicial”would have strengthened the prosecution’s case, diminished Weinstein’s credibility, and potentially prevented him from fully defending himself.
A new uncertain trial
If Weinstein’s release is not automatic, his lawyers have already announced their intention to request his release on bail pending a new trial. “We are satisfied that the court recognized that Mr.
RATP Offers 1,600 To 2,500 Euros JO Bonus…
Negotiations for bonuses linked to the Olympic Games granted to metro and RER drivers of the Régie Autonome des Transports Parisiens (RATP) ended on Wednesday April 24 with a bonus proposal of 1,600 euros, announced the unions and management THURSDAY. This bonus concerns agents who will work from July 22 to September 8.
It will be supplemented by an “exceptional event” bonus of 44.10 euros per day worked on 12 metro lines as well as the RER A and B during the competition periods of the Olympic and Paralympic Games, which could lead some driving agents to receive 2,500 euros in total. This system concerns 2,000 agents out of the 30,000 who will work during the Games.
The bonus of 1,600 euros will be reduced by 50% if an agent has five days of absence (for sick leave for example) over the period and will not be paid beyond five days of absence. Other measures are planned such as the possibility of shifting a maximum of 11 days of leave not taken in 2024 until September 2025.
Read also | Paris 2024: meeting the transport challenge, a test before its time
During the Games, »Read More
South Korean Sentenced To One Year And Two…
SEOUL, South Korea (AP) — A South Korean man was sentenced to 14 months in prison for killing 76 cats in one of the most shocking animal cruelty cases in the country in recent years.
The man, who is 20 years old, was convicted last week of violating South Korea’s animal protection law, the Changwon district court in the southeast of the country said on Tuesday. The court did not identify the man.
The inmate dedicated himself to killing cats between December 2022 and September 2023 due to a deep dislike for the animal that began when other cats scratched his car, according to a court verdict seen by The Associated Press.
Some cats were stray animals he trapped, while others he adopted through websites before strangling them or killing them with scissors, according to the ruling. He killed one of the cats by running over it with a car, the court noted.
The court concluded that the prison sentence was inevitable because he had committed “indescribably cruel” crimes repeatedly and premeditated.
The court emphasized that in any case, the sentence reflected the absence of a criminal record and that the defendant repented for his crimes,
Vivacom Increases The Prices Of Additional Packages For…
#Vivacom #increases #prices #additional #packages #prepaid #cards #News
From May 27, 2024 the conditions of additional packages for prepaid services of Vivacom are changed. From this date, when renewing a combined add-on package Mix M+ or Mix L+the following new terms will apply:
Mix M+
- The price increases from BGN 8.99 to BGN 10.99.
- The validity of the package remains for 21 days
- National minutes remain 600 and SMS remain 25
- Maximum speed megabytes increased from 1000 to 1500 MB
- EU roaming megabytes increase from 5000 to 6200 MB
Mix L+
- The price increases from BGN 11.99 to BGN 14.99.
- The validity of the package remains for 21 days
- National minutes increase from 800 to 1000, and SMS remain at 50
- Maximum speed megabytes increased from 15000 to 18000 MB
- Free EU roaming megabytes increase from 6700 to 8400 MB
From the same date, there will also be changes to the conditions for the packages Data M+ and Data L+and they only include mobile internet.
China Replaces Australian Gas With Turkmenistan Gas 2024-04-25…
/ world today news/ China is counting on Turkmenistan to expand natural gas supplies as it cuts Australian energy imports at the same time.
Wrapping up his meeting with his Turkmen counterpart Rashid Meredov and the country’s Deputy Prime Minister Serdar Berdimuhamedov in Xi’an on Monday, Chinese Foreign Minister Wang Yi said natural gas cooperation is the “ballast stone” of bilateral relations.
“China sees Turkmenistan as a long-term natural gas cooperation partner and is ready to formulate a comprehensive cooperation plan with the Turkmen country with a forward-looking perspective,” Wang Yi said, according to a statement from China’s foreign ministry on Monday evening.
The ministry said China and Turkmenistan agreed to “further consolidate and expand cooperation in the field of natural gas and establish a comprehensive strategic partnership in the industrial chain in the energy sector.”
Chinese Foreign Minister Wang Yi says China and Turkmenistan need to create new “engines” for cooperation beyond issues such as resources, trade, investment, connectivity and technology. Photo: Ministry of Foreign Affairs of China
Wang Yi also said that China and Turkmenistan should create new “engines” for cooperation beyond resources such as trade, investment,
The New BASF Boss Markus Kamieth: Chemist, Asia…
Markus Kamieth, future chairman of the board of BASF SE, speaks at the general meeting of the chemical company BASF. picture alliance/dpa | Uwe Anspach
Markus Kamieth becomes the new CEO of BASF. The trained chemist was previously the group’s head of Asia.
Recently, the chemical company’s board of directors announced another billion-dollar savings program and further job cuts at the main plant in Ludwigshafen.
At the beginning of 2024, the DAX group recorded a decline in sales and earnings due to significantly lower prices.
The new BASF boss Markus Kamieth takes over the leadership in challenging times. This was emphasized by his predecessor Martin Brudermüller on his last day for the DAX group during the general meeting in Mannheim on Thursday. The world‘s largest chemical company is faced with cost and margin pressure. In particular, profitability at the largest location in Ludwigshafen, the headquarters of the DAX group, must be increased, explained the 62-year-old.
Kamieth was previously BASF’s head of Asia
Management sees the greatest opportunities for new customers and profits in the growth market in Asia, despite numerous critical questions from shareholders and shareholder advocates during the general meeting.