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Search Result for “Foreign exchange”

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BUSINESS

AIA's new business value jumps 26% in first quarter

Business, Published on 05/05/2018

» AIA Group Ltd, the second-largest Asia-Pacific insurer by market value, said its value of new business rose 26% in the first quarter, as growth in China offset slowing Hong Kong sales.

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BUSINESS

BoT sounds alarm on baht speculation

Business, Somruedi Banchongduang, Published on 18/01/2018

» In a rare move, the Bank of Thailand has threatened to investigate some financial institutions with operations in Thailand for possible involvement in baht speculation.

BUSINESS

KBank's new notes get mixed ratings

Business, Published on 10/01/2018

» Fitch Ratings has assigned an expected "BBB+(EXP)" rating with a stable outlook for Kasikornbank's (KBank) US dollar-denominated senior unsecured notes, while a Baa1 rating for these notes was assigned by Moody's Investors Service.

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BUSINESS

Rising baht puts BoT on its toes

Business, Published on 25/04/2017

» Nervousness that the US Treasury will add Thailand to its list of countries to be monitored for currency market manipulations could compel the Bank of Thailand to hold off from intervening in the foreign exchange market and seek other measures to curb the baht’s rapid gain. The central bank’s tapering of its short-dated bond sales has had a small impact in stemming the influx of capital, a main reason for the appreciation of the baht.

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BUSINESS

ADB chief calls for continued US involvement in Asia

Published on 11/11/2016

» The chief of the Asian Development Bank on Friday called on the United States to maintain its economic involvement in the Asia-Pacific region in the wake of Republican Donald Trump's victory in the US presidential election.