Showing 1 - 5 of 5
Biggest currency rout since 1997 puts Asia central banks in bind
Published on 29/06/2022
» The surge in the dollar has set Asian currencies on course for their worst quarter since 1997 and created a dilemma for central bankers.
Subpar earnings trend to continue
Business, Published on 22/02/2020
» The fourth-quarter 2019 earnings announcement season finishes this coming week. Of the firms that have reported to date, many have missed market expectations. The numbers have been similarly disappointing among US listed firms.
Global risk and currency contagion worries set tone
Business, Published on 08/09/2018
» Market Recap: Thai shares tumbled this week, led by losses in big blue chips such as PTT, KBANK and SCB. TRUE also fell sharply in response to an arbitral ruling ordering the firm to pay compensation worth 76 billion baht plus interest to TOT Plc for a breach of contract relating to ADSL service.
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.
Global funds aren’t buying year of happiness
Published on 23/05/2015
» Prime Minister Prayut Chan-o-cha pledged to return happiness to the country after seizing power a year ago. Foreign investors aren’t buying it.