Showing 1 - 10 of 36
Rate pause is lifeline saved for turbulence ahead: Bank of Thailand
Published on 27/06/2025
» The Bank of Thailand (BoT’s) decision to leave borrowing costs unchanged this week gives it a “monetary lifeline” to deal with challenges ranging from US tariffs and geopolitical tensions to domestic politics, according to Deputy Governor Piti Disyatat.
Shares rise as US data points to more rate cuts
Business, Published on 12/10/2024
» RECAP: Stocks in the region rose after slightly weaker US labour data reinforced the belief that the Federal Reserve will continue to cut interest rates in November.
Central Group, PIF join forces
Business, Published on 09/10/2024
» Central Group, Thailand's leading retail, real estate and hospitality conglomerate, has announced its partnership with Saudi Arabia's Public Investment Fund (PIF), following PIF's total buyout of Signa Group's interest in Selfridges Group.
Saudis partner with Central in UK retailer Selfridges
Published on 08/10/2024
» Saudi Arabia’s Public Investment Fund (PIF) is set to become a minority partner in the UK department-store chain Selfridges, controlled by Thailand’s Central Group, after buying out the position of the insolvent Signa Group.
Central buys rest of German luxury retail business
Published on 14/06/2024
» FRANKFURT - The Thai retailer Central Group agreed to acquire the assets it has not already secured in KaDeWe Group, a chain of landmark department stores in Germany, part of the folded property empire of Austrian tycoon Rene Benko.
Central Group acquires iconic Berlin property
Published on 13/04/2024
» Thailand’s Central Group has confirmed that it has entered into an agreement to acquire 100% of the iconic KaDeWe department store property in Germany.
Central Group buys iconic German store, say sources
Published on 12/04/2024
» DUESSELDORF, Germany - Thailand’s Central Group has bought the landmark KaDeWe department store property in Germany from the insolvent Austrian company Signa Group, two industry sources told Reuters on Friday.
Central ‘wants to acquire Signa retail assets’
Published on 30/03/2024
» The Thai retailer Central Group wants to take over some more real estate assets from the insolvent Austrian property company Signa, including KaDeWe in Germany and Selfridges in London, Business Insider reported on Saturday.
Equities muted as timing of US rate cuts unclear
Business, Published on 06/01/2024
» RECAP: Asian shares were mixed yesterday and the dollar was near a three-week high as traders dialled back bets of early US interest-rate cuts, after Federal Reserve meeting minutes provided few clues.
Iconic UK store seeks help from Central
Published on 29/12/2023
» LONDON - The company that owns the iconic Selfridges department store on London’s Oxford Street is asking its parent Central Group for more cash due to the insolvency of its other owner, Signa.