BANGKOK, Nov 23 Reuters Thai Prime Minister Srettha Thavisin said on Thursday the country39;s economy was in crisis, stressing the need to forge ahead with his controversial 500 billion baht 14.23 billion digital handouts policy. Speaking at a forum, Srettha said the economy was not in good shape with fewer foreign arrivals than targeted, and […]

FRANKFURT, Nov 23 Reuters Germany39;s financial firms may be well capitalised now but face challenges ranging from rising interest expenditure and weak loan demand to unrealised losses, Bundesbank Vice President Claudia Buch said on Wednesday. Interest rates have risen at the fastest pace on record in the past year and banks have done well to […]

LONDON, Nov 23 Reuters The downturn in euro zone business activity eased in November but suggested the bloc39;s economy will contract again this quarter as consumers continue to rein in spending, a survey showed. Last quarter the economy contracted 0.1, official data has shown, and Thursday39;s flash Composite Purchasing Managers39; Index PMI for November indicated the 20country […]

BERLIN, Nov 23 Reuters Germany39;s downturn showed signs of easing in November with both manufacturing and services activity falling more slowly than in previous months, a preliminary survey showed on Thursday, raising hopes that a recession might be shallower than expected. The HCOB German Flash Composite Purchasing Managers39; Index PMI, compiled by SP Global, rose […]