Bloomberg Thailand’s already “very accommodative” monetary policy is fueling robust growth that’s spreading across the economy, said Bank of Thailand (BoT) Governor Veerathai Santiprabhob. The outlook comes as an exports revival in Thailand gains momentum despite a recent rise in the nation’s currency, the baht. Better demand from key trading partners is helping to offset strength in the exchange rate, ...

Bloomberg Bank of America Corp. (BofA) returned to its five-year-old practice of trimming staff, resuming a trend that had only reversed for a single quarter. The nation’s second-largest bank by assets reduced its total employee count in the third quarter by 1,065 — or 0.5 percent — to just under 210,000 people. The firm added jobs earlier this year for ...

Bloomberg The Harvey Weinstein drama has reached Wall Street. Goldman Sachs Group Inc. is exploring options for its less-than $1 million stake in Weinstein Co., the film studio that Harvey co-founded with his brother Bob, according to bank spokesman Andrew Williams. Harvey was booted from the studio after allegations that he had assaulted women over decades. The bank was an ...