Showing 1 - 10 of 142
Thai baht at 4-year high ahead of rate decision
Bloomberg News, Published on 15/12/2025
» The baht has climbed to its highest rate against the US dollar in more than four years, heaping pressure on the central bank to stem the rally ahead of its policy decision this week.
Singapore court allows $2.7b suit against Standard Chartered over 1MDB fraud
Bloomberg News, Published on 25/11/2025
» SINGAPORE — A Singapore court has cleared the way for a US$2.7 billion lawsuit against Standard Chartered Bank over its alleged role in 1Malaysia Development Berhad (1MDB) fraud, liquidators seeking to recover the funds said on Monday.
Alleged scam leader’s Singapore aide seeks access to seized cash
Bloomberg News, Published on 13/11/2025
» SINGAPORE — The Singapore family office of alleged scam kingpin Chen Zhi and three companies linked to him are seeking access to funds that were frozen by the city-state’s authorities last month.
Singapore mulls holding top bank execs responsible for AI risks
Bloomberg News, Published on 13/11/2025
» SINGAPORE — Singapore’s central bank has proposed a set of guidelines that will hold the board and senior management of financial institutions responsible for risks that arise from their use of artificial intelligence (AI).
Singapore ties to alleged Cambodian scam ring under spotlight
Bloomberg News, Published on 16/10/2025
» SINGAPORE — The alleged head of a Cambodian criminal ring and his associates set up a family office in Singapore that claimed to receive tax breaks, while also building relationships with firms backed by state investor Temasek Holdings Pte and spending millions on properties in the city-state.
Surging Thai gold exports to Cambodia spark demand for probe
Bloomberg News, Published on 13/09/2025
» An unusual surge in Thai gold exports to neighbouring Cambodia has triggered calls for an investigation. The shipments are seen as one factor fuelling a rally in the baht, which threatens to undermine the nation’s exports and tourism.
Thailand's central bank to curb baht swings as currency hits 4-year high
Bloomberg News, Published on 09/09/2025
» Thailand’s central bank vowed to take steps to ease baht volatility and limit the influence of gold prices after the local currency rallied to a four-year high.
New Thai PM’s seasoned cabinet picks may reassure investors
Bloomberg News, Published on 08/09/2025
» New Thai Prime Minister Anutin Charnvirakul’s key cabinet choices may be seen as a reassuring signal by investors who have long been frustrated by the country's frequent bouts of political turmoil.
Gold punches through $3,500 to hit record on rate-cut bets
Bloomberg News, Published on 02/09/2025
» MELBOURNE — Gold hit a record as the prospect of United States Federal Reserve rate cuts and growing concerns over the central bank’s future gave fresh legs to the multiyear rally in precious metals.
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.