RECAP: Asian equities declined on Friday after a rally in US stocks stalled amid concern that valuations have become stretched, especially for technology companies, following a relentless surge.

As new US tariffs are placed on imported lumber furniture, Deesawat Industries Co, a Thai wooden furniture manufacturer, is urging Thai companies not to abandon the US market, but rather enhance their presence there.

The “Thailand Plus One” initiative has stimulated investments in Thailand and its neighbouring countries for several years. However, as dynamics evolve in the region and on the global stage, the viability of this approach has come under scrutiny.

KANCHANABURI: A Myanmar air force plane dropped six bombs on a border village in Myanmar near the Phu Nam Ron permanent border checkpoint in Muang district on Friday in a second round of airstrikes. No casualties were reported.  

Virtual banks are 10 times more likely to reach untapped retail customers than traditional banks, improving the country’s rate of financial inclusion, say new industry players.

The cryptocurrency market in October is on a bullish footing, with both Bitcoin and altcoins showing strong potential to extend gains, thanks partly to the expected monetary policy easing in the US, says digital asset fund manager Merkle Capital.