Thai Stock Market Prepares For Potential Rise: Analysis…

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Thai is stocking up today Movement on 25 April 2024 Thai stock market Open this morning SET index It was at 1,361.56 points, an increase of 0.46 points or 0.03%. Turnover A total of 9.3 billion baht

Mr. said Sarawut Techochawalit, Senior Director of Securities Analysis Department, RHB Securities (Thailand):Thai stock market trends“This morning, the index is expected to vary within a narrow range. Investors await the release of gross domestic product information (GDP) The first quarter of the United States today (25 April 2024) and the personal consumption expenditure price index (SNP) on Friday (26 April 2024) to find signs indicating the trend of US interest rates. After reporting on important economic figures revealed earlier, it was pretty good. As a result, investors have lowered their expectations of a Federal Reserve (Fed) interest rate cut from 3 times to just 1 time.

However, if the US GDP and PCE numbers are higher than expected it may cause the yield on US government bonds (Bond Product) recovered again.

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Abu Zafar Is The New Managing Director Of…

Mohammad Abu Zafar joined The Premier Bank Plc as its new Managing Director (MD) and CEO on Wednesday (April 24).

In his illustrious banking career of 34 years, Mohammad Abu Zafar has made significant contributions in the overall management and control of the bank including readymade garments (RMG) financing, offshore banking, corporate banking, treasury business, credit management, foreign trade financing, international banking and branch banking management.

Prior to joining Premier Bank, he served as Additional Managing Director and Chief Business Officer of Dhaka Bank Plc. Apart from this, he has been working as the Managing Director of Dhaka Bank Investment Limited since 2021. He started his banking career in Uttara Bank in 1990 as an Apprentice Officer. Apart from this, he was working in various important positions in National Bank and Dhaka Bank. He was manager of AD branch in Uttara Bank and National Bank for 15 years.

He successfully completed BSS (Hons) and MSS in Economics from Chittagong University. Apart from this, he obtained a Diploma Degree from the Diplomated Associate of the Institute of Bankers, Bangladesh (DAIBB). He participates in various banking programs, trainings, seminars and workshops in the country and abroad.

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Market Outlook: Asia Stocks Poised For Decline Amid…

Asian Equity Markets React to Meta Platforms Inc.’s Outlook

Asian equity markets ‌experienced a decline⁤ following Meta‌ Platforms ‍Inc.’s disappointing outlook, sparking concerns about the‌ sustainability of ‍the industry that ⁤has been ‌a driving force behind ⁢the bull market in ‌equities.

Market Movements

Equity benchmarks in Japan and South Korea saw drops, while futures for Hong Kong also showed a decline. Australian financial markets were closed for a holiday. The yen traded within a narrow range after weakening beyond 155 per dollar for the first time in over three decades, raising the possibility of intervention.

A $250 billion exchange-traded fund tracking the Nasdaq 100 faced a hit after the close of regular US trading as Meta Platforms Inc., the parent company of Facebook, experienced a more than 15% drop. Meta’s second-quarter sales projections fell below analyst expectations, leading to an increase in spending estimates for the year.

Sophie Lund-Yates, an analyst at Hargreaves Lansdown Plc, noted, “Meta’s resources are vast, but not infinite. The language surrounding spending plans has become more assertive, potentially unsettling markets.”

Market Analysis

Prior to the results, the S&P 500 struggled to make significant gains, hovering around 5,070 as traders awaited economic data that would influence the Federal Reserve’s future actions.

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Senator Sanders Launches Investigation Into High Prices Of…

Sen. Bernie Sanders has taken a strong stance against the high prices of Ozempic and Wegovy, two widely-used drugs in the United States. As an independent senator who has consistently criticized the exorbitant costs charged by pharmaceutical companies, Sanders is launching an investigation into Novo Nordisk’s pricing strategy for these medications.

In a letter addressed to the CEO of Novo Nordisk, Sanders emphasized the importance of these drugs in transforming the lives of millions of Americans suffering from type 2 diabetes and obesity. However, he also highlighted the fact that affordability remains a significant barrier preventing patients from accessing these potentially life-changing treatments. Sanders expressed concern that if prices are not substantially reduced, it could lead to financial strain on public healthcare programs such as Medicare and Medicaid.

To address this issue, Sanders is calling upon Novo Nordisk to justify the current pricing of Ozempic and Wegovy. He has requested detailed information on the manufacturing costs, research and development expenditures, and the methodology used to determine the prices of these drugs. Sanders firmly believes that these medications can be produced at a significantly lower cost, pointing out that researchers at Yale University found they could be manufactured for less than $5 per month.

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Online Stock Market: Stock Market Information, Economy, Finance,…

(CercleFinance.com) – Christian Dior indicates that its general meeting, meeting on Thursday April 18, approved a dividend of 13 euros per share for the 2023 financial year, including the interim payment of 5.50 euros per share already around December 6, 2023.

The parent company of LVMH adds that the balance of this dividend, which therefore amounts to 7.50 euros per share, will be paid on Thursday, April 25, this Monday, April 22 being the last day of dividend trading.

As a reminder, Christian Dior announced last week, sales of 20.7 billion euros for the first quarter of 2024, organic growth of 3% “despite a geopolitical and economic context which remains uncertain”.

Copyright (c) 2024 CercleFinance.com. All rights reserved.

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Yannis Stournaras / Taxes Will Increase If Citizens…

“We can’t expect everything from the state,” said the head of the Central Bank, pointing the finger at the citizens, referring to disaster compensation

Cynical Giannis Stournaras appeared answering a question about the compensations of existing citizens weather disasters.

The governor of the Bank of Greece, in an interview with Mega and the journalist Niki Lymperakis, stated directly that “we have to cover the famous private insurance gap” and went on to point the finger at the citizens, telling them that “we cannot expect everything from the state”.

“We as individuals must also bear a cost of insuring our homes, our property If we expect everything from the state, it will cover this expense by increasing taxation in the future“, said Yiannis Stournaras.

It would be good, however, for someone to tell the governor of the Bank of Greece that natural disasters are not so “natural” when in Greece flood control projects tend to become the shortest anecdotewhen billions of euros have been advanced to controversial projects and when the government did not take care to fulfill even the European obligations of the country by revising the studies on the regions of Greece that are at risk from the climate crisis.

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Meta Exceeds Expectations | IEX.nl

#Meta #exceeds #expectations #IEX.nl

(ABM FN-Dow Jones) Meta Platforms more than doubled its net profit last quarter on a 27 percent increase in turnover. This emerged from the results of Facebook’s parent company after trading hours on Wednesday.

The American social media company performed better than expected, while revenue expectations for the current quarter disappointed.

“It’s been a good start to the year,” said CEO and founder Mark Zuckerberg. “The new version of Meta AI with Llama 3 is another step in building the world’s leading AI system. We see healthy growth in our apps and we continue to make steady progress building the metaverse,” added he admits.

Meta posted a 117 percent higher net profit of $12.4 billion, or $4.71 per share, in the first three months of 2024, compared to net profit of $5.7 billion, or $2.20 per share, in the same period a year earlier.

Revenue rose 27 percent from $28.6 billion in the first quarter of 2023 to $36.5 billion last quarter.

Analysts consulted in advance by FactSet Research expected earnings per share of $4.32 on revenue of $36.14 billion.

In March 2024,

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With This Easy Method, You Can Curb Central…

Home » today » Business » With this easy method, you can curb central obesity effectively – “Multi-faceted health bomb” Traini24.4. 16:01 – 2024-04-25 02:20:17

With this easy method, you can curb central obesity effectively – “Multi-faceted health bomb” Traini24.4. 16:01
#easy #method #curb #central #obesity #effectively #Multifaceted #health #bomb #Traini24.4

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First Yes From The Senate To The Premiership.…

Maria Elisabetta Alberti Casellati during the Lectio Magistralis at the Luiss School of Government Heated tones in the debate in the Commission with the opposition promising battle inside and outside Parliament

First yes from the Senate to the constitutional reform of the prime ministership. The Constitutional Affairs commission of Palazzo Madama has in fact given the green light to the bill Toll booths approving the mandate to the rapporteur. Now it will be the conference of group leaders who will have to schedule the provision in the Chamber. The text received the favorable vote of the majority groups – FdI, FI, Lega and centrists – and of the Autonomy group. No from Pd, M5s and Avs while Italia viva abstained. Heated tones in the debate in the Commission (meeted last night and this morning) with the opposition promising battle inside and outside Parliament and the majority defending the “goodness” of the “anti-reversal” provision.

“An explosive charge placed under our constitutional architecture”, attacks the M5s senator, Alessandra Maiorino. The group leader of the Greens and Left Alliance speaks of a “political exchange” between the premiership (in the Senate) and autonomy (in the Chamber) Peppe De Cristofaro, defining the two measures as “the foundations of a dangerous anti-democratic twist”.

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