Thailand cuts interest rate 2nd time in 3 months to rein in surging baht

BANGKOK: The Bank of Thailand cut its benchmark interest rate for the second time in three months and said it will ease rules on outflows to curb a surging currency. Five of the seven Monetary Policy Committee members voted to cut the key rate by a quarter-percentage point to 1.25%, the central bank said in […]

82-year-old cyclist set to become 1st Brit to zoom past a million mile

Russ Mantle started cycling aged 15. (Facebook pic) SURREY: Russ Mantle’s love affair with his bike has grown stronger with every pedal stroke and he is now poised to become the first Briton to clock up one million registered miles in his lifetime. On Thursday, Mantle plans to create a piece of history by reaching […]