Showing 1 - 10 of 13
Thailand risks credit rating downgrade, opposition warns
Bloomberg News, Published on 26/09/2024
» Thailand runs a "very alarming" risk of credit rating downgrades if the government does not rein in its massive pile of debt to prop up Southeast Asia's second-largest economy, according to the country's biggest opposition group.
Baht’s biggest rally since 1998 threatens tourism, exports
Bloomberg News, Published on 20/09/2024
» Thailand's baht is on course for its biggest quarterly gain since the Asian financial crisis, threatening to derail a recovery in the nation's key tourism and export industries.
Troubled Thai firm Energy Absolute gets nod for bond extension
Bloomberg News, Published on 23/08/2024
» Energy Absolute Public Company Limited obtained approval to extend the maturity of 4 billion baht (US$116.5 million) of green bonds, providing some relief for the Thai renewable energy company that is under a fraud investigation. The shares surged the most in more than a decade.
Bitcoin claws back from steep losses as crypto traders buy dip
Bloomberg News, Published on 06/08/2024
» SINGAPORE - Bitcoin inched back to briefly top US$56,000 on Tuesday after a bout of risk aversion in global markets inflicted steep losses on most major cryptocurrencies.
Myanmar junta extends emergency rule as civil war rages on
Bloomberg News, Published on 01/08/2024
» YANGON - The Myanmar junta has extended the emergency rule that has been in place since a 2021 coup, as the generals struggle to quell a civil war with ethnic armed groups and pro-democracy fighters.
Samsung workers plan to strike 'indefinitely' in risk to global tech
Bloomberg News, Published on 10/07/2024
» SEOUL - Samsung Electronics Co's largest labour union of more than 30,000 workers declared an indefinite strike, a surprise move that raises the risk of production disruptions at the world's largest memory chipmaker.
Paris loses crown as Europe’s biggest stock market to London
Bloomberg News, Published on 17/06/2024
» LONDON - France’s political upheaval has led the country to lose its spot as Europe’s biggest equity market, less than two years after stealing that crown from the UK.
B1.4tn fund says gold to counteract weak stocks
Bloomberg News, Published on 14/06/2024
» The Government Pension Fund (GPF) is expecting gains from investments in gold, commodities and private equity to help counter a slump in domestic stocks, following a period that is seen its performance struggle.
Government seeks tighter grip on central bank after clash
Bloomberg News, Published on 05/06/2024
» Prime Minister Srettha Thavisin's administration is discussing ways to exert more control over the Bank of Thailand (BoT) after repeatedly clashing with the monetary authority on economic policy, according to people familiar with the matter.
Singapore wealth flows face renewed scrutiny in superhacker case
Bloomberg News, Published on 31/05/2024
» SINGAPORE- Before he was arrested this month for allegedly running what is likely the world's largest cybercrime computer network, Wang Yunhe enjoyed a lavish lifestyle in Singapore.