Showing 1 - 10 of 11
Baht down ahead of policy decision
Reuters, Published on 25/01/2023
» Asian emerging markets trickled back to life on Wednesday after the Lunar New Year holiday, with the baht dipping ahead of a central bank policy rate decision, while Singapore shares hit a near nine-month high ahead of inflation data.
Airlines scrap, reroute flights as China fires live missiles in drills near Taiwan
Reuters, Published on 05/08/2022
» SEOUL: Airlines have cancelled flights to Taipei and rerouted others to avoid airspace nearby that has been closed to civilian traffic during Chinese military exercises sparked by U.S. House of Representatives Speaker Nancy Pelosi's visit to Taiwan.
China Evergrande faces winding-up lawsuit in Hong Kong
Reuters, Published on 27/06/2022
» HONG KONG: A winding-up petition has been filed against giant property developer China Evergrande Group at the Hong Kong high court, the judiciary's website showed.
Victoria's Secret to pay B285m settlement to laid-off Thai workers
Reuters, Published on 28/05/2022
» Thai workers who were sacked last year from a factory supplying global lingerie brands including Victoria's Secret will receive 285.2 million baht, in what labour activists say is the biggest settlement of its kind in the global garment industry.
Asian markets join global rally, oil rebounds from plunge
Reuters, Published on 10/03/2022
» Asian equities rallied Thursday following a strong bounce on Wall Street and a breathtaking surge in Europe sparked by a plunge in oil prices and bargain-buying following a Ukraine-fuelled rout.
Global airlines prepare for Omicron volatility, agility will be key
Reuters, Published on 01/12/2021
» SYDNEY/CHICAGO: Global airlines are bracing for more volatility due to the Omicron variant of Covid-19 that could force them to juggle schedules and destinations at short notice and to rely more on domestic markets where possible, analysts say.
Another Chinese property developer defaults
Reuters, Published on 26/10/2021
» HONG KONG: Modern Land reported a missed payment on Tuesday, the latest Chinese property developer to do so, adding to worries about spiralling effects of the debt crisis at behemoth China Evergrande Group and dragging on shares in the sector.
Thai, Asian markets sink as traders contemplate Fed tightening
Reuters, Published on 21/06/2021
» Thai and other Asian markets tumbled Monday on growing expectations the Federal Reserve will begin lifting interest rates as early as next year as it looks to prevent the economic recovery from overheating.
Singapore Air posts record B100bn annual loss, to issue convertible bonds
Reuters, Published on 19/05/2021
» Singapore Airlines Ltd on Wednesday posted its second-consecutive annual loss, which widened to a record S$4.27 billion (100.6 billion baht), and said it would issue S$6.2 billion of convertible bonds to help weather the coronavirus crisis.
Asian markets track Wall St records on stimulus optimism
Reuters, Published on 08/02/2021
» Hopes that US lawmakers would pass President Joe Biden's huge stimulus package helped push Asian markets higher again Monday, while traders were also cheered by falling coronavirus infection rates and vaccine rollouts.