Showing 1 - 5 of 5
Scandal stalks stocks
Published on 22/07/2024
» The Stock Exchange of Thailand (SET) was recently hit by an accounting and embezzlement scandal at Stark Corporation, which is estimated to have cost at least 14.7 billion baht in damages to shareholders and stock investors.
Thai SEC tightens high-yield bond oversight after defaults, Stark scandal
Published on 22/01/2024
» Thailand’s Securities and Exchange Commission (SEC) is stepping up supervision of high-yield bonds to boost payment safeguards and investor confidence after several recent defaults and a major accounting scandal rocked the market for speculative debt, a senior official said.
Asian shares rebound as chipmakers jump
Published on 20/01/2024
» RECAP: Asian shares rebounded yesterday, buoyed by a rally in global chipmakers, after struggling earlier because of concerns about China's sluggish economic recovery.
Amlo begins Stark asset seizures
News, Post Reporters, Published on 20/11/2023
» The Anti-Money Laundering Office (Amlo) has seized a first lot of assets owned by scandal-hit Stark Corp, about 349 million baht in total.
Asian shares subdued as rate worries resurface
Business, Published on 22/07/2023
» RECAP: Asian shares were subdued yesterday after Wall Street retreated on fresh signs of US labour-market resiliency, which could support another increase in interest rates after an expected move next week.