Showing 1 - 10 of 59
Government Savings Bank in joint venture to tackle household debt
Reuters, Published on 29/05/2024
» The Government Savings Bank (GSB) has formed a joint venture with Bangkok Commercial Asset Management to tackle household debt, the state-owned lender said on Wednesday.
China's exports and imports return to growth
Reuters, Published on 09/05/2024
» BEIJING: China's exports and imports returned to growth in April after contracting in the previous month, customs data showed on Thursday, signalling an encouraging improvement in demand at home and overseas in a boost to a shaky economic recovery.
AI boom fuelling data centre expansion into Asia
Reuters, Published on 08/05/2024
» SINGAPORE - Global private equity investors and asset managers are readying for billions of dollars worth of mergers and aquisitions (M&A) and other investment linked to data centres in the Asia-Pacific region as the artificial intelligence (AI) boom fuels demand for digital infrastructure.
Govt plans asset management firm to tackle soaring household debt
Reuters, Published on 12/02/2024
» The government will set up an asset management firm in the first quarter of this year to help resolve the stubborn problem of high household debt, Prime Minister Srettha Thavisin said on Monday.
Thai banks' bad loans down slightly
Reuters, Published on 22/08/2023
» Thai banks' non-performing loans (NPLs) dipped to 2.67% of outstanding loans at the end of June from 2.68% at end-March, helped by debt restructuring, the Bank of Thailand (BoT) said on Tuesday.
China's Covid surge hits trading floors, finance hub
Reuters, Published on 19/12/2022
» SHANGHAI: Covid-19 is sweeping through trading floors in Beijing and spreading fast in the financial hub of Shanghai, with illness and absence thinning already light trade and forcing regulators to cancel a weekly meeting vetting public share sales.
China Evergrande faces winding-up lawsuit in Hong Kong
Reuters, Published on 27/06/2022
» HONG KONG: A winding-up petition has been filed against giant property developer China Evergrande Group at the Hong Kong high court, the judiciary's website showed.
Oil prices dive as Biden weighs massive reserves release
Reuters, Published on 31/03/2022
» SINGAPORE: Oil prices dived more than $5 a barrel on Thursday as the United States is considering the release of up to 180 million barrels from its strategic petroleum reserve (SPR) over several months to calm soaring crude prices.
Asian markets join global rally, oil rebounds from plunge
Reuters, Published on 10/03/2022
» Asian equities rallied Thursday following a strong bounce on Wall Street and a breathtaking surge in Europe sparked by a plunge in oil prices and bargain-buying following a Ukraine-fuelled rout.
Asian markets fall and oil extends rally as Ukraine war rages
Reuters, Published on 08/03/2022
» Asian markets fell further Tuesday, oil prices rallied again and nickel surged to above $100,000 as investors try to assess the impact of the Ukraine war on the world economy.