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Search Result for “financial crisis”

Showing 91 - 100 of 9,666

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GENERAL

Chinese censors target economic ‘doomsayers’

Published on 31/01/2024

» China’s top intelligence agency issued an ominous warning in December about an emerging threat to the country’s national security: Chinese people who criticise the economy.

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WORLD

3 years after coup, Myanmar junta chief under unprecedented pressure

Published on 31/01/2024

» In mid-January, at a small gathering in a cantonment town in Myanmar, hard line pro-military monk Pauk Kotaw suggested that the country's junta chief Min Aung Hlaing step down and his deputy take over. The crowd cheered in agreement, according to videos of the event posted on social media.

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GENERAL

Headwinds blow on Thai lenders amid interest rate row

Published on 31/01/2024

» The escalating tug-of-war between politicians and central bankers over interest-rate levels is clouding the outlook for local banks, setting the stage for a further exodus by foreign investors.

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GENERAL

Bank of Thailand urged to cut rates as smaller firms continue to suffer

Business, Phusadee Arunmas, Published on 30/01/2024

» Thailand's economic situation is worse than expected and the Bank of Thailand (BoT) is being urged to cut interest rates on commercial bank loans to reduce the burden of small and medium-sized enterprises (SMEs).

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GENERAL

Government again says economy in crisis

Business, Wichit Chantanusornsiri, Published on 30/01/2024

» The government has the authority to interpret the current economy as being in a crisis, an important criterion for the issuance of the 500-billion-baht loan bill to finance its digital wallet handout scheme, says Deputy Finance Minister Julapun Amornvivat.

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PROPERTY

Court orders liquidation of China Evergrande, owes $300bn

Published on 29/01/2024

» HONG KONG - A Hong Kong court on Monday ordered the liquidation of property giant China Evergrande Group, a move likely to send ripples through China's crumbling financial markets as policymakers scramble to contain a deepening crisis.

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THAILAND

Pheu Thai's big gamble

News, Published on 27/01/2024

» With the National Anti-Corruption Commission (NACC) study on the 500-billion-baht digital wallet scheme now made public, the ruling Pheu Thai Party stands at a crossroads, according to political observers.

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INVESTMENT

Asian rally on pause as China news awaited

Business, Published on 27/01/2024

» RECAP: The rally in most Asian markets was interrupted yesterday, with profit-taking seen in Hong Kong and Shanghai as traders await more guidance on China's plans to support the country's battered economy.

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GENERAL

The future of distressed debt in Thai capital markets

Published on 26/01/2024

» Deloitte's latest report “The future of distressed debt in Thai capital markets”, spotlights Thailand’s distressed debt market – an evolving landscape that faces many challenges but comes with potential opportunities for growth. The report delves into the intricacies of distressed loans and bonds – revealing insights into the market's history; unfolding challenges from a market, regulatory, and infrastructure perspective; and key transformative initiatives based on lessons and case studies from other countries.

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PROPERTY

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.