Bloomberg The slump that’s taken the baht to its weakest in more than five years may be near an end as Thailand entices back tourists and the central bank edges towards hiking rates. The currency’s 6% drop versus the dollar this quarter — its worst three-month performance since Covid-19 devastated sentiment in early 2020 — has coincided with the …

Bloomberg Zimbabwe’s central bank plans to more than double the benchmark interest rate — already the highest in the world — to 190%, a member of its monetary policymaking committee (MPC) said, as it seeks to put a brake on soaring inflation. Persistence Gwanyanya, from the bank’s MPC, said the intention was to achieve a positive real interest rate to …

  Bloomberg Global stocks extended gains on Monday after posting their best performance in a month last week. US futures rise, with the Nasdaq 100 advancing 0.6% and technology heavyweights including Amazon.com Inc., Apple Inc. and Microsoft Corp. climbing in premarket trading. Tech shares also boosted indexes in Europe and Asia. Quarterly portfolio rebalancing by institutional buyers could be helping …