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Search Result for “economy”

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BUSINESS

Scotiabank shelves TBank divestment

Business, Somruedi Banchongduang, Published on 07/09/2016

» Bank of Nova Scotia (Scotiabank), Canada's third largest lender by assets, has shelved plans to sell up to a 49% stake in Thanachart Bank (TBank) because of the fragile global economic recovery, according to a source in the banking circle.

WORLD

Asia stocks mixed on patchy US economic data

AFP, Published on 06/08/2015

» HONG KONG - Asian stocks were mixed on Thursday, as gains on Wall Street drove trading in Tokyo but patchy US economic data fed wider uncertainty in the region.

WORLD

Malaysia reserves lowest since 2011

Published on 22/01/2015

» Malaysia’s foreign-exchange reserves fell 4% to US$111.2 billion, the lowest level since March 2011, amid speculation the central bank is intervening to curb the decline in Southeast Asia’s worst-performing currency.

BUSINESS

Asian stocks mostly higher

Published on 07/11/2014

» HONG KONG — Asian markets were mixed Friday following another record close on Wall Street, while the Nikkei resumed its surge as a brief rally by the yen fizzled out.

BUSINESS

Asian shares reverse morning losses

Published on 03/10/2014

» HONG KONG — Asian markets mostly rose Friday ahead of a key US jobs report, while Hong Kong reversed morning losses as the financial hub's leaders prepare to meet pro-democracy protestors who have closed parts of the city for the past week.

BUSINESS

Baht gains, bonds rise

Bloomberg News, Published on 23/05/2014

» Thailand’s baht rose to within 0.2% of its level prior to Thursday’s coup and bonds gained on optimism a military takeover will bring stability after six months of political unrest.

WORLD

Asian stocks rise on optimistic data from China and Japan

AFP, Published on 09/09/2013

» HONG KONG - Asian markets rose Monday as strong Chinese trade data lifted hopes for the global economic outlook, while Japanese stocks were boosted by improved growth figures and Tokyo's successful bid to host the 2020 Olympics.

WORLD

Japan approves $5.3 bn stimulus budget

AFP, Published on 26/10/2012

» TOKYO - Japan on Friday approved a US$5.3 billion cash injection to boost the stuttering economy, a move likely to add pressure for more central bank measures with a general election on the horizon.

BUSINESS

SET up 1% on China optimism

Online Reporters, Published on 28/09/2012

» Thai stocks rose 1% on Friday in line with other Asian markets as investors speculated that China's central bank would act soon to spur the world's second-largest economy.

BUSINESS

Baht falls, bonds advance

Published on 05/09/2012

» Thailand's baht declined, snapping a three-day gain, after a report showed manufacturing shrank in the United States, the Southeast Asian country's third-largest export market. Government bonds rose.