Showing 1-10 of 15 results
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Bangkok Bank takes over StanChart’s Permata for $2.7bn
Published on 12/12/2019
» Bangkok Bank Plc agreed to buy 89.1% of Indonesia’s PT Bank Permata for about US$2.7 billion in the first major purchase of an overseas lender by a Thai bank.
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Indonesia Rupiah falls most in 2 weeks
Published on 12/02/2015
» The rupiah fell the most in almost two weeks as the prospect of a Greek default or exit from the euro damped demand for emerging-market assets.
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Loved to death
Asia focus, Erich Parpart, Published on 22/10/2018
» In March, Thai authorities ordered the temporary closure of Maya Bay on Phi Phi Leh Island for the first time since 1999 to halt the environmental damage caused by too many tourists. A month later the Philippine island of Boracay, one of the world's most famous beach destinations, was closed for the same reason.
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Syria and Trump-Xi talks keep investors on sidelines
Business, Published on 10/04/2017
» Recap: Markets were rattled late last week after US cruise missiles struck a Syrian air base, while global investors moved to the sidelines pending the outcome of talks between US President Donald Trump and Chinese President Xi Jinping. Safe-haven assets such as the yen and gold soared and oil prices also surged. The formal promulgation of the country's 20th constitution, ensuring an election sometime late next year, helped keep the Thai stock market in a rangebound trade.
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Stuck in neutral
Asia focus, Published on 27/01/2020
» Amid ongoing uncertainties including trade tariffs and geopolitical tensions, global economic growth prospects look dim for 2020, partly due to a disappointing performance in major Asian economies.
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Fragile, uneven recovery
Asia focus, Nareerat Wiriyapong, Published on 24/01/2022
» The world has entered 2022 facing numerous uncertainties. After two years of fighting the coronavirus pandemic, the emergence of the Omicron variant now poses challenges to economies even in countries where vaccination rates are high.
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Chokepoints could cripple trade
News, Published on 16/01/2024
» When traffic through the Suez Canal ground to a halt in 2021, the extraordinary cost and disruptions to global commerce seemed overwhelming. But 8,000 kilometres from the canals of Suez and Panama lie even more important shipping lanes, chokepoints that could cripple global trade should any disaster befall them.
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Indonesia needs to shift to a new gear
Asia focus, Wanant Kerdchuen, Published on 04/01/2016
» Indonesia in 2016 could face another bumpy ride as economic reforms have yet to bear fruit. However, Finance Minister Bambang Brodjonegoro is confident that Southeast Asia's biggest economy has what it takes to take advantage of Asean economic integration.
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Rupiah leads Asia weekly gains
Bloomberg News, Published on 18/10/2014
» HONG KONG/JAKARTA — Indonesia’s rupiah and the South Korean won led gains in Asian currencies this week as investors pushed back bets for higher US interest rates, reducing demand for the greenback.
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Spain, Germany cases rise; UK PM remains in ICU: Virus update
Published on 08/04/2020
» Anthony Fauci, director of the US National Institute of Allergy and Infectious Diseases, said the start of a turnaround in the fight against the virus could come after this week.
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