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BUSINESS

Asia braces for growth hit from Ukraine-driven inflation shock

Reuters, Published on 09/03/2022

» An oil-driven inflation shock triggered by the war in Ukraine is forcing Asia's policymakers to rethink their assumptions for 2022, with the risks of weak growth coupled with surging prices adding unwanted complexity to monetary setting plans.

WORLD

Asia stocks mixed on patchy US economic data

AFP, Published on 06/08/2015

» HONG KONG - Asian stocks were mixed on Thursday, as gains on Wall Street drove trading in Tokyo but patchy US economic data fed wider uncertainty in the region.

BUSINESS

Thai bonds post longest rally

Bloomberg News, Published on 02/12/2014

» Thailand's slowest inflation in five years and prospects of a protracted slump in oil prices are a boon for bond investors enjoying the longest rally since 2010.

WORLD

RBS fined $612m for Libor violations

AFP, Published on 07/02/2013

» LONDON - State-rescued Royal Bank of Scotland will pay fines totalling $612 million (453 million euros) to US and British regulators to settle allegations of Libor interest rate rigging, it announced on Wednesday.

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.

WORLD

RBS profits fall 22%

Published on 03/08/2012

» Royal Bank of Scotland Group Plc, Britain’s biggest taxpayer-owned lender, said its profit fell 22% in the second quarter as revenue from its markets unit slipped amid the worsening European sovereign debt crisis.

WORLD

Nippon Yusen to expand business in Thailand

Published on 02/07/2012

» Nippon Yusen KK, Japan's largest shipping line, intends to double sales at logistics operations as global overcapacity depresses rates at sea-cargo units and the company also plans to expand its car-hauling business in Thailand.

ADVANCED NEWS

Is inflation spiraling out of control?

Jon Fernquest, Published on 30/04/2012

» Higher oil prices, wages & govt handouts to ease cost of living, all pushing up production costs & goods prices. Central bank move to control likely.