Showing 1 - 10 of 13
Trial of disgraced crypto star Bankman-Fried begins
AFP, Published on 03/10/2023
» NEW YORK - The trial of Sam Bankman-Fried, the former CEO of one of the cryptocurrency industry's biggest exchanges, begins on Tuesday to determine whether he committed massive fraud against more than a million clients.
Iconic New York discount luxury store reopens
AFP, Published on 17/05/2023
» NEW YORK: Forced to shutter during the Covid-19 pandemic, the discount luxury goods store Century21 reopened its flagship location in Manhattan on Tuesday, drawing elated crowds of bargain hunters back to the New York institution.
Time for plastic detox
Asia focus, Pattama Kuentak, Published on 09/05/2022
» Anyone who has ever strolled along a beach is familiar with the sight … plastic straws, snack packaging, some of it dating back years, plastic bottles and other junk washed up on the sand. It's enough to spoil your vacation memories -- and it's also part of a global crisis.
Pharma giants to pay $590 mn to US Native Americans over opioids
AFP, Published on 02/02/2022
» NEW YORK: A group of pharmaceutical companies and distributors agreed to pay $590 million to settle lawsuits connected to opioid addiction among Native American tribe members, according to a US court filing released Tuesday.
Asian markets track Wall St rally as Fed taper concerns ease
AFP, Published on 22/06/2021
» Most Asian markets rebounded Tuesday from the previous day's sell-off as concerns about the pace of expected US Federal Reserve monetary tightening eased, while oil prices pushed to new two-year highs above $75 on demand optimism.
DC, KTBST launch B2.5bn hotel equity trust
Business, Nuntawun Polkuamdee, Published on 16/10/2020
» Destination Capital (DC) and KTB Securities Thailand (KTBST) have joined forces to launch the DESCAP 1 Private Equity Trust for hotel and resort acquisition in Thailand, with a project investment value of 2.5 billion baht.
DESCAP 1 trust set up to acquire hotels
Business, Published on 02/10/2020
» Destination Capital (DC) signed an agreement with KTB Securities Thailand (KTBST) and MFC Asset Management to launch the DESCAP 1 private equity trust, which will acquire hotels in Thailand.
Hotels drop sales prices as crisis bites
Business, Dusida Worrachaddejchai, Published on 28/07/2020
» The ongoing tourism slowdown has led several hotels to reduce the price tag on their property by more than usual, says Destination Capital, part of Destination Group.
Federal Reserve convenes as virus puts US recovery on edge
AFP, Published on 26/07/2020
» WASHINGTON: The Federal Reserve meets next week amid mixed signals on the health of the US economy, with some sectors bouncing back from the coronavirus-caused downturn and others struggling.
US Fed to hike again but hints at pause in 2019
AFP, Published on 16/12/2018
» WASHINGTON: The US Federal Reserve is likely to raise interest rates in the coming week but policymakers have begun to signal they may take it a bit slower in 2019.