* Thai baht adds about 2.5% since U.S. election * Vaccine distribution timeline a risk to baht - analyst * Malaysia, Singapore stocks drop By Anushka Trivedi Nov 11 (Reuters) - Thailand's baht hit a 10-month peak on Wednesday as foreign investors flocked to the country's high-yielding debt and equity markets after progress in a COVID-19 vaccine trial lifted prospects for the trade- and tourism-dominated economy. Local stocks were up 0.5%.
Thailand's premier on Wednesday urged parliament to approve the kingdom's biggest-ever stimulus package to revive an economy battered by coronavirus, which has brought tourism to a standstill, slashed exports and left millions jobless. The 1.9 trillion baht ($59.6 billion) package would be a much-needed financial boost for Southeast Asia's second biggest economy, which is expected to shrink by 5-6 percent in 2020. Members of parliament -- who inaugurated a new building on Wednesday -- are set to discuss three bills over the next five days covering healthcare, unemployment and a fund to stabilise markets and boost purchasing power.
Kemper Corporation (NYSE: KMPR) announced today that after the markets close on Thursday, May 7, 2020, Kemper will issue its first quarter 2020 earnings release and financial supplement, and will also file its quarterly report on Form 10-Q with the Securities and Exchange Commission. Following their publication, these documents will be available on the investor section of kemper.com.