Showing 1 - 7 of 7
One currency to link them all: the rise of the renminbi
Asia focus, Pathom Sangwongwanich, Published on 21/11/2016
» International use of the Chinese renminbi is expected to surge in the next five to 10 years given the need for financing by the Chinese government of infrastructure projects under its One Belt One Road (OBOR) programme, a banking executive says.
Standing out in the crowd
Asia focus, Tanyatorn Tongwaranan, Published on 28/09/2015
» Despite some panic on the ripple effects from the Chinese currency depreciation, the global luxury sector will remain unfazed driven by rising disposable incomes and continuing influx of Chinese outbound tourists, experts have suggested.
China slowdown threatens Thai exports
Business, Pathom Sangwongwanich, Published on 14/07/2015
» The Monetary Policy Committee (MPC) has cautioned that China's worse-than-expected economic slowdown could pose further downside risks to the already struggling Thai economy.
SET drifts as global stocks rise on Greek relief
Business, Published on 02/03/2015
» Recap: Greece's bailout extension propelled global stock markets, with some hitting multi-year records. However, investors in the Thai stock market shrugged off the positive news and jumped on the sell-off bandwagon on disappointing earnings.
Quiet week for stocks ahead of Greek deal Deal
Business, Published on 23/02/2015
» Recap: Global stock markets shrugged off anxiety over Greece's debt problems before a resolution late Friday spurred Wall Street to new highs. With most markets in Asia closed for Lunar New Year, the Thai stock market fell slightly on profit-taking after failing to breach the resistance at 1,620 points.
Asian shares slide after US, China data
Published on 02/02/2015
» HONG KONG - Shanghai stocks tumbled Monday after two gauges of Chinese manufacturing activity showed contraction in January, while some Asian markets were also hit by a sell-off on Wall Street.
Top banks downgraded
Published on 22/06/2012
» WASHINGTON - The health of 15 of the world's largest financial institutions has been called into serious question after Moody's downgraded their credit ratings, citing risk exposure and the eurozone crisis.