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Search Result for “bank”

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WORLD

Hungary and Ukraine feuding over Russian oil

AFP, Published on 06/03/2026

» BUDAPEST - Kyiv accused Budapest of kidnapping seven of its citizens on Friday, as Hungarian Prime Minister Viktor Orban said he would use “every means” to pressure Ukraine in an escalating row over stalled Russian oil supplies.

THAILAND

Youth increasingly targeted as scammers deploy new fear‑based tactics

Online Reporters, Published on 06/03/2026

» Criminal networks are intensifying their focus on young people, using increasingly sophisticated online tactics to extort money, lure victims into criminal schemes and, in some cases, facilitate cross‑border trafficking, the Anti‑Cyber Scam Centre (ACSC) has warned.

WORLD

Ukraine accuses Hungary of taking 'hostage' bank staff carrying $40mn

AFP, Published on 06/03/2026

» KYIV (UKRAINE) - Ukraine's Foreign Minister Andrii Sybiha accused Hungary on Friday of taking "hostage" a group of Ukrainian bank employees who were reportedly transporting US$40 million and nine kilogrammes of gold.

WORLD

After the raids, Asia’s billion-dollar scam trade flickers back

Published on 06/03/2026

» After only four months in Cambodia, Chen Xian Jin reckons he can spot a scam manager when he sees one. Unlike other Chinese businessmen, they avoid flashy cars and jewelry and keep a low profile.

BUSINESS

Bitcoin rebounds as conflict in Middle East intensifies

Business, Nuntawun Polkuamdee, Published on 06/03/2026

» Bitcoin has rebounded to top US$70,000 despite escalating conflicts in the Middle East, diverging from most major assets including gold, as global investors move aggressively into US dollars, says digital asset fund manager Merkle Capital.

BUSINESS

Iran war punctures strategy of ‘Sell America, Buy Asia’

Bloomberg News, Published on 05/03/2026

» HONG KONG — The war in Iran is forcing investors to reevaluate one of their most profitable stock strategies, leading some to conclude that the “Sell America, Buy Asia” trade has reached an inflection point.

WORLD

Singapore police arrest 3 linked to alleged scam syndicate Prince Group

Published on 05/03/2026

» SINGAPORE - Singapore ⁠police ⁠have announced arrests of ​three Singaporeans as part of investigations into alleged transnational ​scam syndicate Prince Group ‌and its founder and chairman, Chen Zhi, who is in Chinese detention.

BUSINESS

Thai inflation negative for 11th straight month

Published on 05/03/2026

» Thailand’s nearly year-long stretch of falling consumer prices may now provide a buffer against potential energy-driven inflation spike, analysts say.

BUSINESS

Pundits push for productivity

Business, Somruedi Banchongduang, Published on 05/03/2026

» Economists urge the incoming government to focus on improving the country's productivity and addressing corruption to better support Thai GDP growth amid uncertain times over the next four years.

OPINION

Risk of crisis growing more acute

Oped, Chartchai Parasuk, Published on 05/03/2026

» This article is a follow-up to my previous piece titled "Fiscal deficit will trigger 2026 crisis". In that article, I argued Thailand's heavy dependence on external liquidity, combined with the government's need for 860 billion baht annually to finance its deficits, would lead to a severe liquidity shortage and, ultimately, a financial crisis.