MDH, an Indian spice king, has strongly denied allegations of pesticide contamination following reports from food safety regulators in Hong Kong and Singapore. The controversy erupted when the Center for Food Safety (CFS) in Hong Kong detected ethylene oxide—a prohibited pesticide—in various pre-packaged spice products from MDH and another Indian brand, Everest.
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Prime Minister Srettha Thavisin named capital markets veteran Pichai Chunhavajira as Thailand’s new finance minister. Pichai was also named as deputy prime minister with immediate effect in a cabinet reshuffle announcement published in the Royal Gazette on Sunday. Srettha relinquished the post of finance minister in the reshuffle. The new finance chief was previously an adviser to the premier.
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For investors, each week in every month and every quarter has its own rhythms.Sometimes, it's almost quiet.This week will not be one of those quiet weeks. It has two hugely important economic events — and more that would be big deals if it wasn't for this week's calendar.Markets also must digest an absolute flood of earnings, including reports from two of the most valuable companies in the world.
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