Showing 1 - 10 of 17
China's manufacturing sector shows signs of strength
Business, Published on 01/01/2022
» China's manufacturing and service sectors showed unexpected signs of recovery to close out the year, according to a pair of official gauges released Friday, as Beijing moved to arrest a downward spiral triggered by a real-estate slump and coronavirus outbreaks.
Yuan’s slump puts Asia’s rate-cutting central banks on alert
Published on 05/08/2019
» China’s decision to weaken its currency amid an escalating trade war will put Asian central banks on the defensive as they gauge how much monetary-policy easing their economies can withstand.
BAAC, agencies partner to upgrade smart farms
Business, Published on 09/12/2019
» Deputy Prime Minister Somkid Jatusripitak has ordered the Bank for Agriculture and Agricultural Cooperatives (BAAC) to team up with the Industrial Promotion Department and the Tourism Authority of Thailand (TAT) to develop and upgrade smart farmers and community tourism, part of ongoing efforts to address poverty in the rural sector, covering as many as 30 million people.
Trump tantrums keep traders on edge, SET dips
Business, Nuntawun Polkuamdee, Published on 06/02/2017
» Recap: World stock markets retreated as investors shied away from riskier assets over renewed concerns about US President Donald Trump's controversial ban on refugees and travellers from seven Muslim-majority countries and protectionist rhetoric that fanned fears of a global trade war. Buying ahead of corporate earnings releases and hopes for dividend payments cushioned the Thai stock market against a steep fall.
Scotiabank holding on to TBank
Business, Somruedi Banchongduang, Published on 06/04/2017
» Bank of Nova Scotia (Scotiabank) is still committed to a long-term investment in Thanachart Bank (TBank), a top executive of the parent firm says.
Asian central banks are forever blowing bubbles
Published on 13/06/2015
» Recent years have seen reams of research on the role of central banks in inflating asset-price bubbles. The latest developments in Asia suggest that more may be coming.
China currency war coming?
Jon Fernquest, Published on 04/03/2013
» Top Chinese central banker says China prepared for currency war but G20 meeting between major economies may save the day.
Owe what a feeling
Asia focus, Tanyatorn Tongwaranan, Published on 09/03/2015
» The rapid accumulation of household debt seen in Asia over the past five years has triggered concerns about the prospect of a financial crisis similar to the one in 2007 caused by the bursting of the housing bubble in the United States.
Prasarn: Let market forces drive baht
Business, Pathom Sangwongwanich, Published on 17/08/2015
» The Bank of Thailand would let market mechanisms determine the baht's value rather than weaken it despite pressure from the recent yuan devaluation.
Scotiabank shelves TBank divestment
Business, Somruedi Banchongduang, Published on 07/09/2016
» Bank of Nova Scotia (Scotiabank), Canada's third largest lender by assets, has shelved plans to sell up to a 49% stake in Thanachart Bank (TBank) because of the fragile global economic recovery, according to a source in the banking circle.