Showing 1 - 10 of 528
Hong Kong cancels trading as typhoon nears
Bloomberg News, Published on 17/07/2023
» HONG KONG: Hong Kong cancelled trading on the city’s $5.2 trillion stock market on Monday because of typhoon Talim.
Rice soars to two-year high in Asia
Bloomberg News, Published on 11/07/2023
» Rice prices in Asia have surged to the highest level in more than two years as importers build up stockpiles on fears that the onset of El Niño will parch plantations and damage crops.
Regulator files fraud charges against Stark
Bloomberg News, Published on 06/07/2023
» The Securities and Exchange Commission (SEC) has filed charges against the largest shareholder and others involved in the management of Stark Corporation Plc, the industrial cable maker at the centre of an accounting scandal and debt default.
Stocks to rebound on government optimism - analysts
Bloomberg News, Published on 04/07/2023
» Thailand’s stocks may rebound in the fourth quarter as the appointment of a new government will likely bolster optimism about the prospects of fiscal stimulus spurring sluggish economic growth, according to a survey of analysts.
Fewer Chinese tourists to upset Thailand's recovery goal
Bloomberg News, Published on 28/06/2023
» Thailand is likely to miss its goal of hosting 30 million foreign tourists amid fewer-than-expected visitors from China, according to RHB Banj Bhd.
Debt-stricken Stark seeks way to avoid delisting
Bloomberg News, Published on 29/06/2023
» Stark Corporation Public Company Limited, the Thai industrial cable maker at the centre of an accounting scandal and debt default that rattled financial markets, plans to restructure its debt to stave off a forced delisting.
Durian lovers rejoice as prices plunge on surplus
Bloomberg News, Published on 23/06/2023
» SINGAPORE: Many people in Singapore love durians. And this year, the spiky and pungent fruit is in such abundance that it can be found in claw machines, giving enthusiasts a chance to catch one for just a dollar.
A 99% stock crash and shock default raise alarm
Bloomberg News, Published on 23/06/2023
» Only a year ago Stark Corporation looked like a Thai corporate success story. Backed by a wealthy local businessman, the nearly US$2 billion maker of electrical cables was an aggressive acquirer making its first major push beyond Asia.
Stark cites Russia-Ukraine war to exit €560m deal
Bloomberg News, Published on 20/06/2023
» Stark Corporation Public Company Limited, a Thai maker of electrical components engulfed in an accounting scandal, has cited the Russia-Ukraine war as a reason for pulling out of an agreement to buy a German maker of automotive cable solutions for €560 million (21.27 billion baht).
Troubles mount for Stark hit by accounting scandal
Bloomberg News, Published on 21/06/2023
» Bondholders of Stark Corporation Public Company Limited called for immediate payment of about US$200 million after a special audit revealed accounting irregularities, the latest trouble for the Thai electrical components maker that has defaulted on debt and seen its shares plummet to near-zero.