Showing 1 - 10 of 11
Asian trade subdued as economic outlook weakens
Business, Published on 13/05/2023
» RECAP: Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from the US and China fuelled concerns about a global slowdown.
Europe tightens curbs with economic toll worsening: Virus update
Published on 17/03/2020
» Governments in Europe tightened curbs on free movement to stem the outbreak and are exploring ways to ease the financial impact. US Treasury Secretary Steven Mnuchin is rallying Senate Republicans to quickly pass the House package of economic measures. Goldman Sachs Group now expects China’s economy to contract by 9% in the first quarter and Hong Kong’s jobless rate rose to a nine-year high. The Philippines became the first country to shut its markets in response to the widening coronavirus outbreak and some regulators in Europe banned short selling. US equity futures and European stocks reversed gains.
Flight test
Asia focus, Erich Parpart, Published on 22/07/2019
» Carsten Spohr was named Manager of the Year in 2017 by Manager Magazin in Germany when Lufthansa's profit hit a record high and its share price jumped 150%. Two years later, he finds his skills being tested to the limit after issuing a second profit warning in six months. While the airline is on track for an operating profit of 2 billion euros this year, it is 25% below analysts' forecasts.
Regional rail contender
Asia focus, Prangthong Jitcharoenkul, Published on 10/10/2016
» The rail technology leader Bombardier is seeking a stronger presence in Asia through its headquarters in Bangkok, says the company's vice-president for Asia Pacific.
Ethiopian Airlines eyes Thai base
Business, Boonsong Kositchotethana, Published on 10/08/2016
» Ethiopian Airlines has embarked on a service upgrade for its Bangkok-Addis Ababa route by deploying the Boeing 787 Dreamliner on the city pair.
Female pilots on the rise at some airlines
Business, Boonsong Kositchotethana, Published on 19/01/2016
» More and more women across Asia are sitting in the cockpits of commercial airliners as cultural barriers preventing them from becoming aviators are slowly dismantled.
Singapore posts drop in visitors
Published on 11/02/2015
» Singapore reported its first decline in visitor arrivals since the global financial crisis, as a new Chinese law curbed tourists from the mainland while political turmoil in Thailand and aviation disasters damped travel.
China to buy 100 A320 planes
Bloomberg News, Published on 06/11/2014
» Airbus Group won a pledge from China Aircraft Leasing Group Holdings (CALC) for the purchase of 100 planes valued at US$10.2 billion as the Chinese lessor seeks assets to power expansion in its home region.
Gistda satellite spots 300 objects in search zone for MH370
Published on 27/03/2014
» Thai satellite images of more than 300 objects in the southern Indian Ocean have produced another lead in the search for Malaysian Air flight MH370 as bad weather forced aircraft to suspend operations on Thursday.
VietJetAir buys 63 A320s in Singapore
AFP, Published on 11/02/2014
» SINGAPORE - Fledgling carrier VietJetAir on Tuesday ordered 63 Airbus A320 jets with a list price of US$6.4 billion (211 billion baht) in a massive expansion programme that underscores Asia's central role in the future of world aviation.