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Chubb Limited: The Stock's Consistent Compounding Makes It A Strategic Gem

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Chubb Limited: The Stock's Consistent Compounding Makes It A Strategic Gem
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Why the US economy keeps defying the odds

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Why the US economy keeps defying the odds

Why has the American economy continued to outperform so many of its peers, despite facing the same global shocks?

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Fund boosts support for financial struggles

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Fund boosts support for financial struggles

The £300k fund will expand support for residents struggling with financial pressures in Devon.

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TAT and Agoda Partner to Boost Thailand Tourism With Digital Intelligence

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TAT and Harley-Davidson Showcase Southern Thailand as the Ultimate Motorcycle Touring Destination

The Tourism Authority of Thailand and Agoda held a strategic meeting to enhance cooperation in travel intelligence and digital technology, promoting Thailand’s tourism globally and supporting sustainable practices and emerging destinations.

Strategic Tourism Partnership

Bangkok, 11 June 2026 – The Tourism Authority of Thailand (TAT) and Agoda have united to enhance Thailand’s destination marketing and global competitiveness through travel intelligence and digital tools. TAT Governor Ms. Thapanee Kiatphaibool and Agoda CEO Mr. Omri Morgenshtern, along with their teams, met at Agoda’s One Bangkok office to discuss future strategies.

Leveraging Technology and Insights

The collaboration merges Agoda’s digital expertise with TAT’s marketing capabilities to generate demand from international markets and boost domestic travel. Their focus includes promoting wellness tourism and lesser-known destinations. This partnership also aims to foster sustainable industry practices as part of the Trusted Thailand initiative, using insights to develop targeted campaigns that highlight Thailand’s cultural heritage and diverse experiences.

Commitment to Thai Tourism Growth

Agoda, founded in Phuket, remains committed to supporting Thailand’s tourism through its extensive digital travel platform, offering access to millions of accommodations and travel activities worldwide. Mr. Morgenshtern emphasized opportunities in wellness travel and safety communications, aiming to showcase Thailand’s rich offerings to a global audience.

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Source : TAT and Agoda harness travel intelligence for quality tourism growth in Thailand

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Man who built Guernsey finance charity retires

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Man who built Guernsey finance charity retires

Peter Neville stands down as head of the charity supporting people ineligible for mainstream banking.

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Thai Baht Weakens as April Trade Deficit Hits Record USD 10 Billion

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Thai Baht Slides as Record April Trade Deficit Hits USD 10 Billion

Thailand’s Baht is weakening due to a record USD 10.0 billion April trade deficit, driven by strong imports. Despite portfolio inflows and AI export growth, authorities warn of continued Baht pressure if imports remain high.


Key Points

Record Trade Deficit Exacerbates Baht Weakness

Thailand’s economy is currently facing a significant challenge as its currency, the Baht, weakens despite the presence of portfolio inflows. A record USD 10.0 billion trade deficit in April, primarily driven by robust import activity, is exerting considerable downward pressure on the Baht. This widening gap between exports and imports has surpassed expectations, marking the seventh consecutive monthly deficit and representing the largest on record. The concerning trade imbalance is a central factor influencing the Baht’s stability in the near future, overshadowing other economic indicators.

Persistent Imports Undermine Baht Stability

Authorities have issued a clear warning regarding the continued pressure on the Thai Baht (THB) if import levels remain elevated. This strong import demand is directly contributing to the widening trade deficit, presenting a significant headwind for the currency. While the government anticipates a base-case export growth of 3%, with a potential range of -3% to +8%, the current import dynamics are proving to be a substantial impediment. The Baht has already experienced a 3.2% year-to-date depreciation against the US Dollar, even amidst growth in AI-related exports.

Global Economic Forces Intensify Baht Depreciation

In addition to domestic trade imbalances, external economic factors are further contributing to the Baht’s depreciation. Since mid-April, the currency has exhibited a consistent weakening trend, influenced by rising global oil prices and a strong demand for the US Dollar. This confluence of domestic and international pressures, including the record trade deficit and global economic trends, highlights the multifaceted challenges confronting the Thai Baht. Despite pockets of export growth, the overall economic landscape suggests persistent vulnerability for the currency.

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InvestingPro’s Fair Value spotted Rocket Companies 44% drop in advance

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InvestingPro’s Fair Value spotted Rocket Companies 44% drop in advance

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InvestingPro Fair Value nails 68% return on LiveRamp stock

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InvestingPro Fair Value nails 68% return on LiveRamp stock

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Silver beats gold, stocks and bonds in 10-year returns. Here’s the data – Performance in long run

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Silver beats gold, stocks and bonds in 10-year returns. Here's the data - Performance in long run

G-sec 10-year and short-term debt funds delivered returns of 6% and 5.9%, respectively, in the mentioned time period. Short-term debt has ranked third among asset classes this year, as investors opt for capital preservation and liquidity in a volatile environment. Long-term debt has delivered marginal losses, saddled with rising bond yields and ongoing interest rate uncertainty.

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Dividends and bonus issues: 31 stocks turning ex-record date this week. Do you own any?

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Dividends and bonus issues: 31 stocks turning ex-record date this week. Do you own any?
As many as 31 companies, including Brigade Enterprises, HDFC Bank, Tata Motors Passenger Vehicles and others, have fixed their record dates for corporate actions like bonus issues and dividends in the upcoming week between June 15 (Monday) and June 19 (Friday).

Investors must hold shares of these companies in their demat accounts on the record date to be eligible for the respective corporate actions. The list remains tentative, as more companies may announce record dates for dividends, bonus issues and stock splits during the week.

Here is a day-wise list of corporate actions to watch out for this week:

June 15 (Monday)
SMC Global Securities has fixed June 15 as the record date for its final dividend of Rs 0.6 per share. The broking firm has a dividend yield of nearly 2%, according to data on Trendlyne.
June 16 (Tuesday)

Mini Diamonds (India) will turn ex-record date for a bonus issue of 1:1 on June 16. The company will issue one bonus share with a face value of Rs 2 each for every share held in the company as on the record date. The bonus shares are scheduled to be allotted by June 17.
RR Kabel has also fixed June 16 as the record date for its final dividend of Rs 5.5 per share.
June 17 (Wednesday)
Bengaluru-based real estate developer Brigade Enterprises has fixed June 17 (Wednesday) as the record date for its bonus issue in the ratio of 1:3. Earlier in May, Brigade Enterprises announced its first bonus issue in around seven years, coinciding with the release of its Q4 results. It had said that its board has approved the plan to issue one bonus share with a face value of Rs 10 each for every three shares held in the company as on the record date.

The company approved the plan to increase its share capital from Rs 250 crore, divided into 25 crore shares, to Rs 400 crore, divided into 40 crore shares.

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Also read: Brigade Enterprises sets record date for 1:3 bonus share reward
Wednesday will also be the record date for dividend payments by Krishana Phoschem (Rs 0.5 per share), Madhya Bharat Agro Products (Rs 0.5 per share) and Steel City Securities (Rs 1 per share).

June 18 (Thursday)
The shares of Tata Technologies will turn ex-record date for a special dividend of Rs 3.35 per share and a final dividend of Rs 2 per share. HDB Financial Services has also fixed June 18 as the record date for a final dividend of Rs 2 per share.

Other stocks that have fixed Thursday as the record date for their respective dividends include Capital Small Finance Bank (Rs 5 per share), eMudhra (Rs 1.25 per share), GHCL (Rs 12 per share), Monika Alcobev (Rs 1 per share), Swastika Investmart (Rs 0.6 per share) and Vimta Labs (Rs 2 per share).

June 19 (Friday)
Friday will see some heavyweight companies turn ex-record date for their corporate actions. Private lender HDFC Bank has fixed June 19 as the record date for its final dividend of Rs 13 per share. Meanwhile, Tata Communications will see its shares trade ex-record date for a final dividend of Rs 17.50 per share.

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Tata Motors Passenger Vehicles has also set June 19 as the record date for its Rs 3 per share final dividend, while HDFC Life Insurance Company will turn ex-record date for its dividend worth Rs 2.1 per share. Sanofi Consumer Healthcare India has fixed Friday as the record date for a final dividend of Rs 75 per share, while wires and cables manufacturer Polycab India will reward investors with a Rs 47 per share payout. IndiaMART InterMESH is setting a total dividend of Rs 60 per share, which includes a final dividend of Rs 30 and a special dividend of Rs 30.

In the power and automotive sectors, Torrent Power will pay its final dividend at Rs 5 per share. Additionally, healthcare firm Corona Remedies has earmarked a final dividend of Rs 10 per share. A host of other companies will also turn ex-record date for their respective dividends on June 19, including Solitaire Machine Tools (Rs 1.5 per share), AWL Agri Business (Rs 1 per share), Raghav Productivity Enhancers (Rs 1 per share), Amba Enterprises (Rs 0.75 per share), GHCL Textiles (Rs 0.6 per share) and Hindusthan Insulators & Industries (Rs 0.5 per share).

String Metaverse, meanwhile, will turn ex-record date for its 2:9 bonus issue on Friday.

Also read: Did City Union Bank shares really crash 23% in one day? Here’s how the bonus math works
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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Street Calls of the Week

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Street Calls of the Week

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