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Search Result for “bankruptcy”

Showing 101 - 110 of 665

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BUSINESS

China urges banks to support property sector after mortgage boycott

AFP, Published on 18/07/2022

» BEIJING - China's banking regulator has urged lenders to extend more credit to real estate developers, as a growing number of homebuyers withhold mortgage payments on unfinished housing projects across 50 cities.

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BUSINESS

Shrimps and whales keep crypto afloat

Published on 16/07/2022

» The shrimps of the crypto world have joined the whales in a glorious last stand to banish the bleak bitcoin winter.

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BUSINESS

Crypto bankruptcy adds to Thai woes

Business, Poonyapat Luenam, Published on 16/07/2022

» The collapsing value of Thai digital assets has been exacerbated by the bankruptcy of US-based Celsius Network, following months of rapidly deteriorating sentiment in the global and domestic cryptocurrency markets and a series of insolvencies among high-profile crypto lenders.

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BUSINESS

China slump and Fed on investors' minds

Business, Published on 16/07/2022

» Recap: Asian shares were mixed yesterday as investors grew more concerned over the economic downturn after data showed a sharp second-quarter slowdown in China. However, some investors welcomed comments from two US Federal Reserve governors who said an overly aggressive interest-rate increase was probably not needed.

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BUSINESS

Twitter Lawsuit Adds to Musk's Tesla and SpaceX Challenges

Business, Published on 16/07/2022

» Elon Musk built his reputation and fortune juggling diverse businesses -- a skill that is being tested like rarely before as he seeks to abandon his deal for Twitter Inc., while confronting challenges at Tesla Inc. and his rocket company SpaceX.

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BUSINESS

Bitkub deal delay casts doubts over SCB’s makeover

Published on 15/07/2022

» A delayed deal between Thailand’s oldest bank and its largest cryptocurrency exchange is raising doubts about the 115-year-old financial group’s ambition to become a regional fintech powerhouse.

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BUSINESS

Nok Air eyes B4.88bn for recovery effort

Business, Dusida Worrachaddejchai, Published on 15/07/2022

» Nok Air is raising 4.88 billion baht in funding under a rehabilitation process to prepare for recovery while eyeing the opportunity to operate a new hub at Suvarnabhumi airport.

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BUSINESS

Crypto lender Celsius files for bankruptcy

Reuters, Published on 14/07/2022

» NEW YORK: US crypto lender Celsius Network said on Wednesday it has filed for bankruptcy, becoming the latest victim in the cryptocurrency sector to wilt under a dramatic plunge in prices.

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BUSINESS

Investors await US jobs data for cues

Business, Published on 09/07/2022

» Recap: Global shares were mixed yesterday as investors awaited US employment data, a crucial factor in the market's assessment of the probability of a recession.

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BUSINESS

Voyager Digital goes bust after loan default

Business, Poonyapat Luenam, Published on 08/07/2022

» Voyager Digital, a major cryptocurrency investment firm, declared bankruptcy on July 6 after crypto hedge fund Three Arrow Capital (3AC) defaulted on a US$650 million loan.