Thailand approves tax measures to boost local tourism, official says
Thailand’s cabinet on Tuesday approved tax measures to boost domestic tourism during the low season, Deputy Finance Minister Paopoom Rojanasakul said.
June 4, 2024
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Dollar stabilizes ahead of key employment data; euro slips back
The dollar has stabilized Tuesday following sharp losses at the start of the week after data showed a second straight month of slowdown in manufacturing activity and an unexpected decline in construction spending.
Oil falls more than $1 on worries of supply rising later in 2024
Oil prices fell more than $1 on Tuesday, extending losses from a four-month low in the previous session, as investors worried about supply rising later in the year amid signs of weakening U.S. demand.
Bitcoin price today: hovers at $69k, rate cut hopes provides some support
Bitcoin price steadied on Tuesday, hovering just below key levels as weakness in the dollar, amid speculation over potential interest rate cuts by the Federal Reserve, sparked some flows into crypto markets.
India shares dive as polls show Modi’s mandate slipping
Indian stocks tanked the most in over four years on Tuesday, as vote counting suggested Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP)-led alliance is unlikely to win an overwhelming majority as predicted by exit polls.