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BANGKOK -- Thailand's ruling Pheu Thai Party will nominate its 37-year-old leader Paetongtarn Shinawatra for prime minister when parliament votes Friday on a replacement for Srettha Thavisin, who was removed by the Constitutional Court.
SINGAPORE -- Shares in Singapore-based Grab Holdings fell sharply Thursday after the superapp provider missed revenue estimates for the April-June quarter, highlighting its struggle to retain investor confidence.
TOKYO -- Money is flowing into the gold market as expectations of U.S. interest rate cuts, geopolitical risks and short-term investing drive demand, with net inflows into gold-backed exchange-traded funds (ETF) in July reaching the highest level in two years.
TAIPEI -- Taiwan's third-largest political party, which has gained support among young voters by promising clean politics, is now embroiled in scandals suggesting financial improprieties.
TOKYO -- A Japanese provider of climate solutions is looking to expand a project to curb methane emissions from rice paddies in the Philippines in order to create carbon credits.
TOKYO -- Chinese Foreign Minister Wang Yi urged Myanmar to pursue political reconciliation and hold long-promised elections, during a visit to the strife-torn Southeast Asian nation that has seen the military regime lose key outposts to resistance forces in recent weeks.
BANGKOK -- Thailand's ruling Pheu Thai Party will nominate its 37-year-old leader Paetongtarn Shinawatra for prime minister when parliament votes Friday on a replacement for Srettha Thavisin, who was removed by the Constitutional Court.
MANILA -- The Philippine central bank decided to cut its key policy rate by 25 basis points during a policy meeting on Thursday, kicking off a much-awaited loosening cycle to support the economy.