Showing 1 - 10 of 219
Risk appetite sapped by trade war worries
Business, Published on 12/04/2025
» RECAP: Stocks in Asian emerging markets slipped yesterday as anxiety over tariff uncertainty and the broader fallout from an escalating US-China trade war prompted a pullback from riskier assets. But there was relief for regional currencies as the US dollar fell below 100 against a basket of major units for the first time since July 2023.
Shares advance amid hope for tariff negotiations
Business, Published on 15/02/2025
» RECAP: Most Asian equities advanced yesterday as markets reacted positively to news that reciprocal US tariffs may be weeks from coming into effect, raising the prospect for negotiations.
DeepSeek and Trump keep traders on their toes
Business, Published on 01/02/2025
» RECAP: Most Asian markets edged up on Friday after days of volatility in the tech world caused by the DeepSeek AI breakthrough, while sentiment was dampened by US President Donald Trump confirming hefty tariffs on Canada and Mexico.
Chinese gambling kingpin ‘abused in Thai jail’
Published on 24/01/2025
» A jailed gambling tycoon fighting extradition to China received “inhumane treatment” in a Thai prison after saying he was a Chinese spy, his lawyers have told Interpol, saying they fear for his life.
Philippines dangles tax refunds to spur tourists to shop more
Published on 09/12/2024
» Philippine President Ferdinand Marcos Jr on Monday enacted a law granting value-added tax refund to non-resident tourists, aiming to spur visitors to shop and spend more.
Philippines approves purchase of 40 patrol boats amid China spat
Bloomberg News, Published on 06/11/2024
» MANILA — The Philippines has approved the purchase of 40 fast patrol craft worth 25.8 billion pesos (US$441 million), seeking to bolster maritime security as tensions with Beijing in the South China Sea linger.
Filipino pickpockets target tourists in Bangkok
Gary Boyle, Published on 22/10/2024
» Nine Philippine nationals were arrested in Bangkok and Suvarnabhumi airport for allegedly pickpocketing a South Korean tourist. They admitted to doing it multiple times, targeting foreign visitors in popular tourist hotspots.
All eyes on Thai baht
Business, Published on 23/09/2024
» The direction of the Thai currency for the remainder of the year is critical for local industries after the Federal Reserve cut interest rates as expected last Wednesday, putting more pressure on the Bank of Thailand's Monetary Policy Committee (MPC), which has held steady on rates since last year.
Weeklong Japan megaquake alert ends
Kyodo News, Published on 15/08/2024
» KYODO - A weeklong government call for increased preparedness based on an advisory over a potential megaquake along the Pacific coast officially ended 5pm on Thursday, after no new major seismic activity was confirmed around the Nankai Trough.
First step taken to legalise casinos
Published on 28/03/2024
» Thailand has taken its first step towards legalising casinos, as the government looks to attract high-spending tourists to support the economy while also checking revenue leakage from illegal gambling.