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BUSINESS

Standard Chartered rejects Iran money laundering claims

AFP, Published on 08/08/2012

» LONDON: Shares in emerging markets specialist Standard Chartered Bank plunged Tuesday after US regulators charged that it hid $250 billion in deals with Iranian banks in violation of US sanctions.

BUSINESS

Top banks downgraded

Published on 22/06/2012

» WASHINGTON - The health of 15 of the world's largest financial institutions has been called into serious question after Moody's downgraded their credit ratings, citing risk exposure and the eurozone crisis.

BUSINESS

Central banks to discuss interest rates

Published on 11/06/2012

» Central banks in Southeast Asia's two largest economies meet to set interest rates this week, with officials forecast to hold off on stimulus days before a Greek election at risk of triggering a deeper European turmoil.

ADVANCED NEWS

Floods: Recovery & Govt Borrowing

Jon Fernquest, Published on 29/11/2011

» World Bank: Thailand in good financial position to pay for flood recovery. Govt debt at 40.2% of GDP, well within 60% legal debt ceiling.

ADVANCED NEWS

Economic growth forecasts down

Jon Fernquest, Published on 23/08/2011

» Negative Tsunami effect, oil prices and inflation picking up pace, improved automobile, electronic exports and tourism may push growth up at end of year.