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US markets looked set for another turbulent session as futures for the S&P 500 and Nasdaq pointed lower, signaling continued pressure on the tech sector. A wave of selling has swept through major technology names this week, and Thursday’s pre‑market action suggested the downturn isn’t over yet. Alphabet remained a major drag after its sharp slide, with investors reacting to concerns about rising AI‑related spending and the uncertain payoff timeline. The pullback has added to broader anxiety across the sector, where valuations have been tested by shifting expectations around growth and profitability. Amazon now sits in the spotlight as traders await its upcoming earnings report. With sentiment already fragile, the company’s results could either steady the market or accelerate the sell‑off, depending on how its cloud and retail segments perform. Commodities also reflected the risk‑off mood. Silver prices tumbled, extending a recent decline and underscoring the cautious tone acros...
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Thailand’s Senate Passes Landmark Bill to Legalize Same-Sex Marriage

 

Thailand has taken a significant step towards marriage equality by passing a groundbreaking bill in the Senate. The legislation, which recognizes same-sex marriage, makes Thailand the first country in Southeast Asia to do so. Here are the key points:

  1. Approval in the Senate:

    • The upper house approved the measure with 130 votes in favor out of 152 members present, with only four against and 18 abstentions.
    • This final reading paves the way for Thailand to officially recognize same-sex marriages.

  2. Next Steps:

    • The bill now awaits the pro forma endorsement of King Maha Vajiralongkorn, which is widely expected.
    • Once published in the royal gazette, the law will take effect within 120 days.

  3. Implications:

    • Thailand will become the third Asian jurisdiction, after Nepal and Taiwan, to legalize gay marriage.
    • The legislation replaces gender-specific terms like “men,” “women,” “husbands,” and “wives” with gender-neutral language.
    • LGBTQ couples will gain inheritance and adoption rights equal to those of heterosexual marriages.

  4. Celebration and Progress:

    • Politicians and activists celebrated in the National Assembly, waving rainbow flags and expressing solidarity with the LGBTQ community.
    • Prime Minister Srettha Thavisin, a vocal supporter of LGBTQ rights, will host celebrations at his official residence.

  5. Historic Moment:

    • Plaifah Kyoka Shodladd, a member of the parliamentary committee on same-sex marriage, called it a historic day: “Today, love triumphed over prejudice.”
    • Despite Thailand’s vibrant LGBTQ culture, activists have long fought against conservative attitudes.

In summary, Thailand’s Senate has taken a monumental step forward, recognizing love and equality for all. Soon, same-sex couples in Thailand will have the legal recognition they deserve. 

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