Showing 1 - 10 of 226
Asian equities see biggest foreign outflows in nearly six years
Reuters, Published on 11/12/2025
» BENGALURU — Asian equities witnessed their largest monthly foreign outflows in nearly six years in November, driven by a selloff in high-flying technology stocks as concerns over stretched valuations prompted investors to cut exposure.
Musk's xAI lays off hundreds of data annotators
Reuters, Published on 13/09/2025
» BENGALURU — Elon Musk's xAI has laid off at least 500 workers from its data annotation team, which helps develop the company's Grok chatbot, Business Insider reported on Friday.
Cambodian deputy PM rejects 'debt trap' label for China's Belt and Road Initiative
South China Morning Post, Published on 11/09/2025
» A high-ranking Cambodian official said on Wednesday that China's Belt and Road Initiative - an infrastructure-focused strategy to accelerate regional trade - has, contrary to claims that the plan creates a "debt trap" for struggling nations, supported his country's economic development.
Krungsri, MUFG View Thailand a Key Growth Market, with Opportunity for Industry Reforming
Published on 21/08/2025
» Amid intensifying global and domestic challenges, Krungsri is reaffirming its commitment to advancing Thailand’s economy by deepening strategic partnerships with MUFG, clients, and partners through its three-pronged strategies for long-term success. Meanwhile, MUFG sees Thailand a key growth market, with opportunity for industry reforming.
Mitsubishi UFJ Financial urges reform of Thai industry
Business, Somruedi Banchongduang, Published on 07/08/2025
» Mitsubishi UFJ Financial Group (MUFG), a major shareholder in Bank of Ayudhya (Krungsri), views manufacturing reform in Thailand as more critical than US tariff changes in attracting foreign direct investment (FDI).
Thailand bids to join Alaska gas project before tariff talks
Bloomberg, Published on 09/05/2025
» Thailand said it’s interested in co-developing a massive gas pipeline project in Alaska backed by President Donald Trump, as the Southeast Asian nation explores ways to cut its $46 billion trade surplus with the US before tariff talks.
Thailand fights for e-commerce crown
Business, Suchit Leesa-nguansuk, Published on 08/04/2025
» Despite challenges from a trade war and an unfavourable global economy, embracing artificial intelligence (AI) and optimising logistics costs with multimodal transport can help Thailand become a hub of cross-border e-commerce, according to online entrepreneurs.
True's decision to appoint Brekke group CEO lauded
Business, Komsan Tortermvasana, Published on 13/03/2025
» True Corporation's decision to appoint veteran telecom executive Sigve Brekke as group chief executive represents a good move, aligning with its goal of becoming a world-class tech company, according to an industry source who requested anonymity.
Minister seeks stronger US trade ties
Business, Phusadee Arunmas, Published on 12/02/2025
» The commerce minister has called on the US to strengthen trade relations and recognise Thailand as an integral part of its supply chain and a key manufacturing hub in the region.
Billionaire financier Bessent confirmed as Trump's treasury chief
AFP, Published on 28/01/2025
» WASHINGTON - Billionaire hedge fund manager Scott Bessent won Senate approval Monday to become US Treasury secretary, placing him at the forefront of implementing Donald Trump's economic agenda -– which is already triggering global jitters.