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Search Result for “RHB Bank”

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GENERAL

Asian shares retreat as US rate-cut prospects dim

Business, Published on 21/12/2024

» RECAP: Asian equities declined on Friday and the dollar traded near a two-year high as investors continued to fret about the likelihood of fewer US interest rate cuts in the coming year.

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INVESTMENT

SET index rises amid signs of interest rate cut

Nareerat Wiriyapong, Published on 08/02/2024

» The Stock Exchange of Thailand (SET) index rose above 1,400 points on Wednesday as investors believe the Bank of Thailand issued a clear sign it is ready to cut interest rates later this year to shore up the economy, after it held rates unchanged at its meeting.

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INVESTMENT

Asian equities rise amid expected rate relief

Business, Published on 04/11/2023

» RECAP: Stocks and currencies in Asia gained in line with a weakening of the US dollar, as traders embraced riskier assets on prospects the Federal Reserve's tightening cycle is nearing an end.

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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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GENERAL

Laundering scandal ensnares Singapore banking giants

Published on 30/08/2023

» SINGAPORE: Some of the biggest local and international banks in Singapore are becoming embroiled in one of the city-state’s largest money laundering cases involving over S$1 billion (US$740 million) worth of assets.

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BUSINESS

Fewer Chinese tourists to upset Thailand's recovery goal

Bloomberg News, Published on 28/06/2023

» Thailand is likely to miss its goal of hosting 30 million foreign tourists amid fewer-than-expected visitors from China, according to RHB Banj Bhd.

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BUSINESS

Asian shares revive after big US tech rally

Business, Nuntawun Polkuamdee, Published on 29/04/2023

» RECAP: Shares in Asia rallied yesterday after robust earnings from tech giants Meta, Microsoft and Alphabet buoyed Wall Street, where the S&P 500 had its best day since the first week of the year.

BUSINESS

Bank pact aids expansion

Business, Somruedi Banchongduang, Published on 15/09/2021

» The Bank of Thailand and Bank Negara Malaysia (BNM) are prepared for cross-border business expansion under a bilateral Qualified Asean Bank (QAB) agreement.

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BUSINESS

Concern over fate of trade deal hits stocks

Business, Published on 09/11/2019

» Recap: Most Southeast Asian and European stock markets closed lower yesterday, as a report on internal opposition in Washington to a tariff rollback on Chinese goods trumped optimism about the possibility of an interim trade deal.

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BUSINESS

US-China trade optimism buoys regional bourses

Business, Published on 12/10/2019

» Recap: Investor risk appetite revived yesterday in response to progress in US-China trade talks, with big gains across Southeast Asian bourses. Meanwhile, China's securities regulator has set a timetable to remove foreign ownership limits on finance companies next year in a bid to attract overseas investment to bolster a slowing economy.