Showing 1 - 10 of 161
Italian-Thai Development faces B108bn debt crunch as overseas projects fail
Bloomberg News, Published on 14/03/2024
» A cash crunch at Thailand's largest construction company is fuelling concern among investors, regulators and rating agencies already unnerved by a series of local corporate scandals and debt defaults.
S.Korea’s biggest polluters made huge profits from carbon credit sales
Bloomberg News, Published on 26/02/2024
» SEOUL - South Korea’s most-polluting companies have made 475 billion won (US$357 million) from selling unused carbon emissions permits in the first eight years of the nation’s program, according to an activist group.
Singapore home sales off to slowest start since 2009
Bloomberg News, Published on 15/02/2024
» SINGAPORE - Singapore home sales posted the weakest January sales since 2009, adding to signs that the property boom is fading.
Singapore home rents fall for first time in over three years
Bloomberg News, Published on 26/01/2024
» Singapore rents dropped for the first time in more than three years, giving respite to tenants on the back of increased housing supply and expectations for an economic slowdown.
Central banks buying more gold than previously thought
Bloomberg News, Published on 31/10/2023
» NEW YORK - Central banks have loaded up on more gold than previously thought this year, offering crucial support to prices that have faced pressure from global monetary tightening.
Stark finds B15.6bn of irregular transactions in audit
Bloomberg News, Published on 30/09/2023
» Stark Corp, a Thai industrial cable maker at the centre of an accounting scandal and debt defaults, discovered at least 15.6 billion baht of irregular transactions at its units after completing parts of a required special investigation.
Evergrande’s billionaire chairman Hui under police surveillance
Bloomberg News, Published on 27/09/2023
» SHANGHAI - The billionaire chairman of beleaguered property developer China Evergrande Group, Hui Ka Yan, has been placed under police control, according to people with knowledge of the matter.
Evergrande liquidation risk rises after creditor meeting scrapped
Bloomberg News, Published on 25/09/2023
» SINGAPORE- China Evergrande Group is running out of time to get what would be one of the nation’s biggest-ever restructurings back on track, after setbacks in recent days that raise the risk of liquidation.
PTTEP to boost gas production to avoid new price shock
Bloomberg News, Published on 15/08/2023
» Thailand’s largest natural gas producer is ramping up output to avoid a renewed power crisis.
Sri Lanka misses a leader as bailout slips further away
Bloomberg News, Published on 12/07/2022
» Investors are shifting their focus to Sri Lanka’s bilateral creditors as the resignations of President Gotabaya Rajapaksa and Prime Minister Ranil Wickremesinghe dim prospects for rapid aid from the International Monetary Fund (IMF).