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BUSINESS

Nikkei closes at 26-year high

Kyodo News, Published on 23/01/2018

» TOKYO: The Nikkei stock index ended above the 24,000 line Tuesday for the first time in more than 26 years as investors were relieved by the end of the US government shutdown and the Bank of Japan's decision to continue aggressive monetary easing.

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BUSINESS

Seoul to start real-name cryptocurrency trading

Associated Press, Published on 23/01/2018

» SEOUL: South Korea plans to require local banks to launch a real-name system for cryptocurrency trading that will make the up-to-now anonymous transactions be traceable as the country seeks to curb speculation and criminal activities.

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BUSINESS

1,450 evacuated after London gas leak

Reuters, Published on 23/01/2018

» LONDON: The Charing Cross station was closed early on Tuesday morning due to a "large" gas leak in a nearby area, rail operators and the fire brigade said, prompting the police to evacuate hundreds of people from a hotel and a nightclub.

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BUSINESS

Trump angers China, Korea with new trade tariffs

AFP, Published on 23/01/2018

» WASHINGTON: President Donald Trump has approved steep tariffs on imports of solar panels and washing machines to protect US producers, triggering an outcry in China and South Korea and even protests at home.

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BUSINESS

South Korea tops, Thailand drops in innovation index

Published on 23/01/2018

» Score another one for Seoul while Silicon Valley slides.

BUSINESS

SEC grants Pace time to clarify value

Business, Published on 23/01/2018

» The Securities and Exchange Commission (SEC) has granted Pace Development Corporation Plc (Pace) a second postponement for submitting a clarification of assumptions used in the fair value measurement of its investment projects.

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BUSINESS

SCB seeks to trim staff in digital era

Business, Somruedi Banchongduang, Published on 23/01/2018

» Siam Commercial Bank (SCB) plans to downsize from 27,000 employees to 15,000 over the next three years and transform more than 600 branches to ready itself for the digital banking era.

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BUSINESS

CPN partnering for QR code payment

Business, Pitsinee Jitpleecheep, Published on 23/01/2018

» Central Pattana Plc (CPN), the SET-listed property and retail developer under Central Group, has teamed up with six leading banks to roll out QR code payment at all Central shopping complexes this month.

BUSINESS

PTTGC plots 14% revenue expansion

Business, Yuthana Praiwan, Published on 23/01/2018

» PTT Global Chemical (PTTGC), Thailand's largest petrochemical manufacturer by capacity, has revised its 2018 revenue forecast to 480 billion baht, a 14% growth rate, in response to the upside in global oil price trends.

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BUSINESS

Air conditioner sales forecast to heat up

Business, Pitsinee Jitpleecheep, Published on 23/01/2018

» Major home appliance companies expect Thailand's air conditioner industry to resume growth this year, boosted by a spate of positive factors including hotter weather, an improving economy and recovering consumption.