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The Latest Breaking News from MPC

Bank of England poised for interest rate rise as it fights inflation

Decision on Thursday at 12pm

Evening Standard

Tourism key to recovery

Tourism will be the key engine supporting Thailand's economic recovery, replacing the slowing export sector, says the Economic Intelligence Center (EIC), a research house under Siam Commercial Bank.

Bangkok Post

Here's How Much You Would Have Made Owning Marathon Petroleum Stock In The Last 10 Years

Marathon Petroleum (NYSE:MPC) has outperformed the market over the past 10 years by 6.85% on an annualized basis producing an average annual return of 17.52%. Currently, Marathon Petroleum has a market capitalization of $55.54 billion.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Buckle up for a bumpy landing with BoE’s pilots

The economy looks to be descending and may even be close to stalling speed

Evening Standard

A recession is worse than inflation -- why the Bank is getting this all wrong

City Voices: Former Bank Governor Mervyn King scores nought out of ten

Evening Standard

BoT hints at rate hike

Increasing the policy interest rate should not happen too late because inflation continues to rise, says Bank of Thailand governor Sethaput Suthiwartnarueput.

Bangkok Post

Check Out What Whales Are Doing With MPC

Someone with a lot of money to spend has taken a bearish stance on Marathon Petroleum (NYSE:MPC). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

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Sterling slides as all three sectors of British economy go into reverse

Recession red light blinks as output fell by 0.3% including services, production and construction

Evening Standard

NASA publishes the results of its intense killer asteroid dress rehearsal

The lessons learned could help avert real impacts in the near future or significantly limit the devastation one could cause.

Inverse

Bank of England expected to raise interest rates again this week

THE Bank of England is expected to hike interest rates for the fifth time in a row this week but experts warn that any hesitation could push the…

The National (Scotland)

Bracing for the inevitable

Thailand is expected to enter a cycle of policy rate hikes in the second half of this year in response to persistently high inflation, according to research houses.

Bangkok Post

Inflation hits sentiment in Thai industry

The Thailand Industry Sentiment Index (TISI) fell to a seven-month low of 84.3 points in May amid economic uncertainties ranging from rising inflation to political conflicts overseas, says the Federation of Thai Industries (FTI).

Bangkok Post

This Is What Whales Are Betting On Marathon Petroleum

A whale with a lot of money to spend has taken a noticeably bearish stance on Marathon Petroleum. Looking at options history for Marathon Petroleum (NYSE:MPC) we detected 21 strange trades.

Benzinga

Goldman, Nomura see Thailand embarking on rate-hike cycle

The Bank of Thailand (BoT) is set to raise rates from August to quell persistently high inflation, according to analysts, ending a three-year long easy monetary policy stance to shield the Covid-19 pandemic-hit economy.

Bangkok Post

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Daily Mirror

'Loving' girl, 11, killed after stepping out into road on way home from school

Emica Jackson-Miller, 11, from Torquay in Devon was hit by a car while crossing the road on her way home from school and died from traumatic brain injury two weeks later

The Hindu

Inflation’s long shadow: On RBI’s actions

The Reserve Bank of India is finally acting to rein in galloping prices

Evening Standard

Tech & Science Daily: To mark Ghostbusters Day we reveal Afterlife’s CGI magic

With Christophe Paradis, animation supervisor on Ghostbusters: Afterlife

Dynamite News

Business: RBI hikes repo rate by 50 bps to 4.90 per cent

Reserve Bank of India (RBI) on Wednesday hiked policy repo rate by 50 basis points (bps) to 4.90 per cent with immediate effect. Read further on Dynamite News:

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news in one place.

100’s of premium titles.
One news app.

Bangkok Post

Prayut: Central bank agrees to keep policy rate steady

The Bank of Thailand (BoT) has told the finance ministry that it will keep its policy rate at the current level to support the economy, Prime Minister Prayut Chan-o-cha told reporters on Tuesday.

The Guardian - UK

How Partygate could do for Johnson as Black Wednesday did for Major

The Tory reputation for economic competence was shredded in 1992 but the present PM’s woes go deeper, politically and economically

Birmingham Post

Bank of England chief economist Huw Pill on inflation, interest rates and the labour market

He believes interest rate rises could have some say to go while whether those who left the workforce due to the pandemic will return is a big question for the UK economy

Bangkok Post

Interest rate set to rise, but uncertain recovery clouds timing - BoT

Thailand's policy interest rate will have to rise but the timing will hinge on the monetary policy committee's view with the economy growing below its potential and the recovery facing uncertainty, the Bank of Thailand (BoT) board chairman said on Wednesday.

Benzinga

If You Invested $1000 In Marathon Petroleum 10 Years Ago, Here's How Much You Would Have Today

Marathon Petroleum (NYSE:MPC) has outperformed the market over the past 10 years by 6.57% on an annualized basis producing an average annual return of 17.98%. Currently, Marathon Petroleum has a market capitalization of $52.71 billion.

The Guardian - UK

Bank of England not to blame for soaring inflation, says governor

Andrew Bailey defends response to Covid pandemic and indicates Bank will not take aggressive approach to raising interest rates

Birmingham Post

Interest rates might have to rise further to tackle soaring inflation says Bank of England chief economist

Welshman Huw Pill was speaking at an ACCA Wales event in Cardiff

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People

Kriengkrai Thiennukul

Sethaput Suthiwartnarueput

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Federation of Thai Industries

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ASPS

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Bristol Children Hospital

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