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Search Result for “major banks”

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OPINION

Cutting Asia's reliance on dollars

Oped, Published on 02/10/2025

» The US dollar remains the world's leading reserve currency, but recent developments -- particularly President Donald Trump's unilateral economic diplomacy, including weaponisation of the dollar -- have fuelled doubts about whether it will maintain that status. While some of America's geopolitical rivals may hope to displace the dollar, the real challenge facing Asian economies is to manage the vulnerabilities created by their heavy dependence on it.

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GENERAL

Thai central bank says no unusual market moves after US government shutdown

Reuters, Published on 01/10/2025

» The Bank of Thailand (BoT) reported on Wednesday there had been no unusual movements in the country's financial markets following the US government shutdown, and it was monitoring the situation.

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GENERAL

Inflow surge propels K-Asset's AUM to B1.8tn

Business, Nuntawun Polkuamdee, Published on 01/10/2025

» Kasikorn Asset Management (K-Asset) has emerged as a market leader in Thailand's mutual fund industry, capturing more than half of total net inflows this year-to-date to drive its assets under management (AUM) close to 1.8 trillion baht.

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GENERAL

Choppy waters for new BoT boss

Business, Post Reporters, Published on 29/09/2025

» Vitai Ratanakorn, the former president of Government Savings Bank (GSB), assumes the helm at the Bank of Thailand on Oct 1, with the change coming at a precarious time as the nation faces a complex mix of internal and external challenges.

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GENERAL

Credit bureau urges Thais to check records annually

Published on 26/09/2025

» The National Credit Bureau (NCB) is urging Thais to review their credit information annually to monitor their debt conditions and protect against financial fraud.

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WORLD

No pause for food delivery riders during Pakistan's monsoon

AFP, Published on 24/09/2025

» LAHORE — Abdullah Abbas waded through Lahore's flooded streets, struggling to push his motorcycle and deliver a food order on time.

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OPINION

Commodities nearing super cycle

News, Published on 22/09/2025

» Commodities have had a rough decade, but a confluence of structural factors suggests that after years of underinvestment, the stage may be set for the next super cycle.

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THAILAND

Outsiders shore up cabinet

Published on 20/09/2025

» Prime Minister Anutin Charnvirakul has appointed nine non-politicians to his new cabinet, ensuring their expertise will benefit the development of the country during his short-term administration.

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GENERAL

Gold hits fresh record ahead of expected rate cut from Fed

Bloomberg News, Published on 16/09/2025

» Gold hit another fresh record, as investors bet on a Federal Reserve rate cut this week and weighed the scope for more monetary easing in coming months.

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OPINION

Stepping up the poverty fight

News, Published on 15/09/2025

» Faced with a slowing global economy and rising debts, many developing-country governments may be tempted to scale back anti-poverty programmes. That would be a grave mistake. Combating poverty is not just a moral imperative; it is also crucial for economic stability, conflict prevention, and long-term development.