Showing 1 - 5 of 5
Investors heartened as fed ends rate suspense
Business, Published on 20/03/2017
» Recap: Investors were treading cautiously ahead of last week's US Federal Reserve meeting when the US central bank raised its benchmark interest rate as expected, but their appetite improved after Chair Janet Yellen's comments suggested a more gradual pace of monetary tightening this year. The Thai stock market joined the global rally as the wild swings in trade of Group Lease (GL) eased.
Scotiabank shelves TBank divestment
Business, Somruedi Banchongduang, Published on 07/09/2016
» Bank of Nova Scotia (Scotiabank), Canada's third largest lender by assets, has shelved plans to sell up to a 49% stake in Thanachart Bank (TBank) because of the fragile global economic recovery, according to a source in the banking circle.
China to start cross-border payment system
Published on 11/06/2015
» China will start a cross-border payment system for the yuan by the end of the year as it seeks to promote its global use.
China currency war coming?
Jon Fernquest, Published on 04/03/2013
» Top Chinese central banker says China prepared for currency war but G20 meeting between major economies may save the day.