Funding & Business
New Thai PM’s Seasoned Cabinet Picks May Reassure Investors
New Thai Prime Minister Anutin Charnvirakul’s key cabinet choices may be seen as a reassuring signal by investors who have long been frustrated by the nation’s frequent bouts of political turmoil.
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Raiffeisen Bank International AG’s chief executive officer says the bank wants to deconsolidate its business in Russia, but the decision is not necessarily up to the firm. “It’s not in our hands,” Johann Strobl told Lizzy Burden at a Bloomberg event in Vienna. The bank says it has been trying to figure out how to leave Russia for more than three years.
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US Treasuries traded modestly stronger before a Federal Reserve meeting this week that’s expected to deliver a quarter-point interest-rate cut and provide clues to the pace of any subsequent easing.
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US equities extended gains early Monday to kick of a high-stakes week for financial markets, with the Federal Reserve largely expected to resume its interest-rate cutting cycle.
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