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Search Result for “banking business”

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BUSINESS

Yuan’s slump puts Asia’s rate-cutting central banks on alert

Published on 05/08/2019

» China’s decision to weaken its currency amid an escalating trade war will put Asian central banks on the defensive as they gauge how much monetary-policy easing their economies can withstand.

BUSINESS

Scotiabank holding on to TBank

Business, Somruedi Banchongduang, Published on 06/04/2017

» Bank of Nova Scotia (Scotiabank) is still committed to a long-term investment in Thanachart Bank (TBank), a top executive of the parent firm says.

BUSINESS

Trump tantrums keep traders on edge, SET dips

Business, Nuntawun Polkuamdee, Published on 06/02/2017

» Recap: World stock markets retreated as investors shied away from riskier assets over renewed concerns about US President Donald Trump's controversial ban on refugees and travellers from seven Muslim-majority countries and protectionist rhetoric that fanned fears of a global trade war. Buying ahead of corporate earnings releases and hopes for dividend payments cushioned the Thai stock market against a steep fall.

BUSINESS

Recovery on course

Asia focus, Pathom Sangwongwanich, Published on 21/11/2016

» Asia Pacific is expected to remain on a macroeconomic recovery path supported by stabilised economic conditions in China and relatively low exposure to "external asymmetrical shocks", says Swiss banker Peter Rosenstreich.

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BUSINESS

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.

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BUSINESS

Asian central banks are forever blowing bubbles

Published on 13/06/2015

» Recent years have seen reams of research on the role of central banks in inflating asset-price bubbles. The latest developments in Asia suggest that more may be coming.

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BUSINESS

Owe what a feeling

Asia focus, Tanyatorn Tongwaranan, Published on 09/03/2015

» The rapid accumulation of household debt seen in Asia over the past five years has triggered concerns about the prospect of a financial crisis similar to the one in 2007 caused by the bursting of the housing bubble in the United States.