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Search Result for “balance sheet”

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GENERAL

SET rebounding after a bumpy April

Business, Published on 10/05/2025

» The Stock Exchange of Thailand was volatile in April, which features a long holiday period. In the lead-up to the Songkran festival, the SET was hit hard by US President Donald Trump's tariffs announcement, touching its lowest level in years at 1,056.41 points early in the month.

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GENERAL

Oil fund loss likely to evaporate in H2

Yuthana Praiwan, Published on 06/05/2025

» The state Oil Fuel Fund’s huge loss of 47.7 billion baht is expected to be wiped out this year thanks to a decrease in global crude oil prices, says an Energy Ministry official.

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GENERAL

Moody’s sees key risk to Malaysia credit rating from tariffs

Published on 06/05/2025

» Tariff shocks pose a major threat to Malaysia’s sovereign credit rating, given the potential disruption to economic growth and fiscal consolidation, according to Moody’s Investors Service.

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GENERAL

Volatility foreseen for Thai bank stocks

Business, Nuntawun Polkuamdee, Published on 06/05/2025

» Analysts are warning that Thai banking stocks could be volatile following the recent policy rate cut by the central bank and a downgrade of the country’s economic outlook by Moody’s.

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GENERAL

Zipmex victims look forward to hearing

Business, Nuntawun Polkuamdee, Published on 01/05/2025

» The victims of the Zipmex investment scandal are hopeful they will be able to recover their funds after the Department of Special Investigation (DSI) officially accepted the case on April 28, citing evidence of public fraud involving more than 1 billion baht in damages.

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WORLD

Prada to buy Versace for 1.25 bn euros to create new force in Italian fashion

AFP, Published on 10/04/2025

» MILAN (ITALY) - Prada said Thursday that it had reached a deal to buy Versace for 1.25 billion euros ($1.38 billion), building a new Italian fashion powerhouse and hoping to insert much-needed "spark" into its smaller, flashier rival.

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GENERAL

Prada buys Versace for $1.38bn to form Italy luxury leader

Published on 10/04/2025

» Prada SpA agreed to buy Versace for about $1.38 billion in cash, strengthening its position as Italy’s largest fashion group by adding one of the luxury industry’s best-known brands.

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GENERAL

Regional shares sink as trade war worries mount

Business, Published on 29/03/2025

» RECAP: Asian stocks slid yesterday with heavy selling in South Korea and Japan, while safe-haven gold traded at a record high as the latest tariff salvo from US President Donald Trump stoked investor worries of an all-out trade war.

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WORLD

'People will die': Trump aid cuts threaten refugees’ survival

New York Times, Published on 15/03/2025

» COX'S BAZAR — More than 1 million people in the world's largest refugee camp could soon be left with too little food for survival.

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INVESTMENT

Trump tariff storm batters Asian shares

Business, Published on 01/03/2025

» RECAP: Emerging Asian markets got swept up in the global equities storm yesterday, with Thai and Indonesian stocks teetering on the brink of a bear market as President Donald Trump's latest tariff threats sent risk assets reeling.