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WORLD

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.

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GENERAL

Central bank says current inflation goal 'appropriate'

Bloomberg News, Published on 30/05/2024

» The Bank of Thailand (BoT) defended its goal to keep inflation within a band of 1% to 3% as "appropriate" for the prevailing economic conditions, after the government sought a review over concerns the current target may be too low.

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WORLD

Vaccines in development hit 70, deaths top 114,000: Virus update

Bloomberg News, Published on 13/04/2020

» Seventy coronavirus vaccines are in development globally, with three already being tested in human trials, the World Health Organization said. The northeastern Chinese city of Harbin tightened rules to curb the spread of the virus.

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WORLD

Myanmar sees rise in tourism despite Rohingya crisis

Bloomberg News, Published on 22/02/2018

» Myanmar tourist arrivals rose 18% last year to 3.44 million visitors, despite international condemnation over the treatment of its Rohingya Muslim population.

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BUSINESS

'Superman' Li edges toward retirement

Business, Bloomberg News, Published on 21/06/2017

» Hong Kong: Victor Li's moment may have finally arrived.

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WORLD

Uniqlo owner sees no impact from China slowdown

Business, Bloomberg News, Published on 29/09/2015

» Tokyo: The Walt Disney Co's new park in Shanghai would help the Uniqlo casual wear brand expand in China, Fast Retailing Co chairman Tadashi Yanai said on Saturday, shrugging off concerns over an economic slowdown in the Japanese retailer's largest overseas market.

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BUSINESS

BoT unexpectedly cuts key interest rate again

Bloomberg News, Published on 29/04/2015

» The Bank of Thailand unexpectedly cut its benchmark interest rate for a second straight meeting, just hours after the Finance Ministry lowered its economic growth forecast for this year.

BUSINESS

Rakuten to buy Viber messaging app

Bloomberg News, Published on 14/02/2014

» TOKYO — Rakuten Inc, the Japanese online retailer controlled by billionaire Hiroshi Mikitani, is buying the Viber Internet messaging and calling service for $900 million as it moves into social networking.

THAILAND

Rubber exporters to avoid losses

Bloomberg News, Published on 12/02/2014

» Rubber shippers from Thailand, the largest producer, pledged to avoid selling below output costs as suppliers in Asia take steps to halt a slump in prices of the commodity used in tyres. Futures reached a one-week high.

BUSINESS

Gold at two-month high

Bloomberg News, Published on 11/02/2014

» Gold gained to the highest since November in the best run since August as a weakened dollar spurred demand for an alternative asset and physical buying increased. Silver extended the best streak since August.