Showing 1 - 10 of 43
Japan builds up ‘missile archipelago’ near Taiwan to counter China
Bloomberg News, Published on 09/12/2025
» TOKYO — As military tensions between China and Japan reach the highest level in more than a decade, the sparsely populated island of Yonaguni finds itself right on the front lines.
More easing only if growth outlook dims: Bank of Thailand
Bloomberg News, Published on 20/08/2025
» Thailand’s central bank would need to see a “significant material deterioration” in its economic growth outlook, or face unexpected shocks, to justify additional rate cuts beyond the three reductions it has made this year, a top official said.
Thai lending slump for four straight quarters flags growth risks
Bloomberg News, Published on 19/08/2025
» Thai commercial banks saw their outstanding loans contract for a fourth consecutive quarter as lending to small businesses and consumers was crimped by heightened credit risks amid forecasts of an economic slowdown.
Bangkok's condo oversupply problem may worsen over quake fears
Bloomberg News, Published on 02/04/2025
» A condominium glut in Bangkok is set to worsen after a deadly earthquake in neighbouring Myanmar damaged thousands of skyscrapers in the Thai capital, spooking prospective buyers.
PM adviser joins chorus calling for rate cut as risks mount
Bloomberg News, Published on 05/02/2025
» An adviser to Prime Minister Paetongtarn Shinawatra reiterated the government's calls for the Bank of Thailand (BoT) to deliver more rate cuts this year to support Southeast Asia's second-largest economy.
Duct-taped banana sells for $6.2 million
Bloomberg News, Published on 21/11/2024
» NEW YORK — Arguably the most famous artwork of the past decade has found a new buyer. Comedian, a sculpture by the artist Maurizio Cattelan, consisting of a piece of duct tape and a banana stuck to a wall, has sold for US$6.2 million at Sotheby’s in New York after more than six minutes of fierce bidding. The buyer is China-born crypto entrepreneur Justin Sun, the auction house confirmed.
Marina Bay Sands eyes largest loan to fund casino expansion
Bloomberg News, Published on 19/11/2024
» SINGAPORE — Marina Bay Sands is seeking a loan of around S$12 billion (US$9 billion), in what would be the largest financing from Singapore, as the company looks to fund the planned expansion of its casino resort in the city state.
Philippines approves purchase of 40 patrol boats amid China spat
Bloomberg News, Published on 06/11/2024
» MANILA — The Philippines has approved the purchase of 40 fast patrol craft worth 25.8 billion pesos (US$441 million), seeking to bolster maritime security as tensions with Beijing in the South China Sea linger.
Troubled Thai firm Energy Absolute gets nod for bond extension
Bloomberg News, Published on 23/08/2024
» Energy Absolute Public Company Limited obtained approval to extend the maturity of 4 billion baht (US$116.5 million) of green bonds, providing some relief for the Thai renewable energy company that is under a fraud investigation. The shares surged the most in more than a decade.
Singapore charges former bankers in laundering case
Bloomberg News, Published on 15/08/2024
» Singapore charged two former bank relationship managers who it accused of being involved in the country’s biggest money-laundering case, marking its first criminal actions against finance professionals in the S$3 billion (US$2.3 billion) scandal.