Asia markets down on Omicron, US jobs data worries

1 Oct 08:02 Key points summarised by AI

Asian markets broadly fell, tracking global uncertainty spurred by the Omicron variant's potential impact on economic recovery.
Disappointing US jobs data, showing fewer jobs added than expected, and the Federal Reserve's hawkish shift on monetary policy contributed to investor pessimism.
Concerns over Chinese tech firms deepened following Didi's announced delisting from the NYSE and Alibaba's significant management reshuffle amid ongoing regulatory crackdowns.

New home loan scheme aims to boost property sector with Bt125 billion

Yesterday 11:38 Key points summarised by AI

The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.