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Search Result for “Credit Suisse”

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WORLD

Singapore charges former bankers in laundering case

Bloomberg News, Published on 15/08/2024

» Singapore charged two former bank relationship managers who it accused of being involved in the country’s biggest money-laundering case, marking its first criminal actions against finance professionals in the S$3 billion (US$2.3 billion) scandal.

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OPINION

Marriage equality is good business

Oped, Published on 09/04/2024

» Thailand has an incredible reputation for being LGBTQ-friendly, but its national laws and policies don't quite match the open-minded brand that its government projects. This dissonance -- what the UN called "tolerance but not inclusion" in a 2019 report -- is what the Thai parliament is on the brink of changing in a seismic decision to legalise same-sex marriage that will have a positive far-reaching impact on Thailand's economy for years to come (and hint: it's much more than the millions of dollars to be generated by the weddings themselves).

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INVESTMENT

Shares dip amid rate uncertainty, high oil prices

Business, Published on 06/04/2024

» RECAP: Shares in Asia declined yesterday, tracking US stocks as interest rate uncertainty, high oil prices and geopolitical tensions weighed on sentiment.

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GENERAL

Singapore jails money launderer for 13 months

Published on 02/04/2024

» SINGAPORE - The first person to plead guilty in the biggest money-laundering case in the history of Singapore has been sentenced to 13 months in jail.

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OPINION

How sustainable is Thai human development?

Oped, Published on 17/11/2023

» How sustainable is human development when the wealth of the richest 1% of the population is 2,500 times more than that of the bottom 20%?

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GENERAL

New members bring industry experience to BoT rate policy panel

Published on 08/11/2023

» The addition of two new members to the Bank of Thailand’s interest-rate-setting panel promises to bring a fresh perspective to the central bank, traditionally known for its unanimous decisions.

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GENERAL

Singapore to inspect Credit Suisse, others in $2bn scandal

Bloomberg News, Published on 18/10/2023

» SINGAPORE - Financial regulator in Singapore will conduct an on-site inspection of Credit Suisse Group after at least one of its customers was charged for money laundering in a scandal that has rocked the city-state.

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WORLD

How Belize became a poster child for 'debt-for-nature' swaps

AFP, Published on 16/10/2023

» NEW YORK - When Covid hit Belize, its economy nosedived: closed borders meant fisheries and farmers had no export markets, and tourism centered on the tiny Central American nation's warm waters and wonders of biodiversity came to a halt.

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WORLD

OECD sees 'sub-par' global growth as high rates bite

AFP, Published on 19/09/2023

» PARIS - The OECD raised its global economic outlook for 2023 on Tuesday but cut the growth forecast for next year as interest-rate hikes aimed at curbing inflation take their toll.

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GENERAL

Gas prices jump as Australian LNG workers strike

Published on 08/09/2023

» Liquefied natural gas workers at key Chevron Corp sites in Australia began partial strikes on Friday after talks failed to reach an agreement in a dispute that has rattled global gas markets.