BLOOMBERG Thailand’s domestic investors are snapping up the nation’s beaten down equities, betting that the months long political standoff will be resolved soon. The benchmark stock index has rallied more than 4% from a June 28 trough, and may extend if a government takes office soon, according to analysts. While the SET gauge is still Asia’s worst-performing equity market this ...

BLOOMBERG A selloff in government bonds accelerated Monday as the threat of further rate hikes unsettled traders. The yield on 30-year German bonds rose nine basis points to 2.72%, the highest since early 2014. Similar-maturity Treasury yields jumped seven basis points. US equity futures rose modestly, signalling a rebound from Friday’s retreat. Federal Reserve Governor Michelle Bowman said over the ...

DUBAI / WAM Dubai’s resurgent tourism industry is celebrating a successful first half of 2023 (H1 2023), after welcoming a record 8.55 million international overnight visitors, compared to 8.36 million tourists in H1 2019. Surpassing pre-pandemic visitation levels and further bolstering the city’s bid to become the world’s most visited destination, the latest data published by Dubai’s Department of Economy ...