Showing 1 - 10 of 41
China warns EV makers over price war
Bloomberg News, Published on 06/06/2025
» Chinese officials summoned the heads of major electric vehicle makers, including BYD, to Beijing earlier this week to address concerns about the long-running price war, according to people familiar with the matter.
US Treasuries suddenly trading like risky assets
Bloomberg News, Published on 12/04/2025
» Billed on Wall Street as so rock-solid safe that they are risk-free, US Treasury bonds have long served as first port of call for investors during times of panic. They rallied during the global financial crisis, on 9/11 and even when America’s own credit rating was cut.
Chinese regulators target Temu owner’s refund policy
Bloomberg News, Published on 11/12/2024
» China’s markets watchdog has ordered PDD Holdings, the owner of the hugely popular Pinduoduo and Temu e-commerce platforms, to fix its refunds-first policy, taking aim at a practice that online merchants argue hurts their bottom line.
Equations that matter: maximising value in challenging times
Dr Philios Andreou Sphika, Published on 27/10/2024
» Some industries are struggling to survive in the face of the prevailing symptom of low demand. The results are evident. There is uncertainty in all sectors, and the word “layoffs” has gone from being an unknown and stigmatised term to something more common.
Senior executive calls for orderly Chinese expansion in Southeast Asian market
South China Morning Post, Published on 19/10/2024
» BEIJING - Chinese companies venturing into Southeast Asia, one of the hottest destinations for overseas expansion, should refrain from flooding the market with homogeneous products and services that would lead to vicious competition, a senior Chinese bank executive has urged.
Call for action on real estate loans
Business, Wichit Chantanusornsiri, Published on 28/05/2024
» The National Economic and Social Development Council (NESDC), the state planning unit, has urged financial institutions to adopt proactive policies in restructuring real estate loans following a sharp rise in the rate of non-performing loans (NPLs) for this type of credit.
The lowdown on the 1997 financial crisis
Business, Phusadee Arunmas, Wichit Chantanusornsiri and Kanana Katharangsiporn, Published on 12/02/2024
» The 1997 Tom Yam Kung crisis was triggered by excessive loan extension by financial institutions and the liberalisation of the country's financial market, allowing Thai commercial banks to borrow money from foreign financial institutions to provide loans to businesses, says Sanan Angubolkul, chairman of the Thai Chamber of Commerce.
Turkish inflation near 60% after policy U-turn
AFP, Published on 03/10/2023
» ISTANBUL - Turkey's annual inflation rate held steady near 60 percent last month, official data showed Thursday, offering the first evidence that President Recep Tayyip Erdogan's economic policy U-turn was working.
The most dangerous time of the month
Greg Beatty, Published on 27/09/2023
» It's the last day of the month. On this Friday, eight motorcycle drivers are waiting at the perimeter of a factory, 60 km from Bangkok. A throng of workers exit the factory. They hand over their ATM cards to the drivers, who know the passwords. Nobody smiles. They speed off, return twenty minutes later, having emptied the accounts for the debts owed with 10% to 30% interest for the month.
How to ensure AI increases productivity and effectiveness
Arinya Talerngsri, Published on 10/07/2023
» Like many, I am developing an increasing fascination and liking for AI. I have been experimenting with it in my work, and it has transformed how I do many things. Using AI tools has helped me get things done quickly and has been a godsend in freeing up my time for more important things.