Showing 1 - 10 of 18
China's manufacturing sector shows signs of strength
Business, Published on 01/01/2022
» China's manufacturing and service sectors showed unexpected signs of recovery to close out the year, according to a pair of official gauges released Friday, as Beijing moved to arrest a downward spiral triggered by a real-estate slump and coronavirus outbreaks.
BAAC, agencies partner to upgrade smart farms
Business, Published on 09/12/2019
» Deputy Prime Minister Somkid Jatusripitak has ordered the Bank for Agriculture and Agricultural Cooperatives (BAAC) to team up with the Industrial Promotion Department and the Tourism Authority of Thailand (TAT) to develop and upgrade smart farmers and community tourism, part of ongoing efforts to address poverty in the rural sector, covering as many as 30 million people.
Good as gold
Asia focus, Erich Parpart, Published on 09/09/2019
» It is common knowledge among traders that when geopolitical tensions rise, so too does the price of gold as it is considered a safe haven compared with other investments. But Robin Lee believes gold trading shouldn't be limited only to deep-pocketed market professionals. In his view, it is a good tool for anyone interested in saving.
Yuan at weakest level in 11 years
Published on 08/08/2019
» BEIJING: The Chinese central bank on Thursday set a yuan reference rate of 7.0039 against the US dollar, the weakest in 11 years and three months.
Yuan’s slump puts Asia’s rate-cutting central banks on alert
Published on 05/08/2019
» China’s decision to weaken its currency amid an escalating trade war will put Asian central banks on the defensive as they gauge how much monetary-policy easing their economies can withstand.
Scotiabank holding on to TBank
Business, Somruedi Banchongduang, Published on 06/04/2017
» Bank of Nova Scotia (Scotiabank) is still committed to a long-term investment in Thanachart Bank (TBank), a top executive of the parent firm says.
Investors heartened as fed ends rate suspense
Business, Published on 20/03/2017
» Recap: Investors were treading cautiously ahead of last week's US Federal Reserve meeting when the US central bank raised its benchmark interest rate as expected, but their appetite improved after Chair Janet Yellen's comments suggested a more gradual pace of monetary tightening this year. The Thai stock market joined the global rally as the wild swings in trade of Group Lease (GL) eased.
Trump tantrums keep traders on edge, SET dips
Business, Nuntawun Polkuamdee, Published on 06/02/2017
» Recap: World stock markets retreated as investors shied away from riskier assets over renewed concerns about US President Donald Trump's controversial ban on refugees and travellers from seven Muslim-majority countries and protectionist rhetoric that fanned fears of a global trade war. Buying ahead of corporate earnings releases and hopes for dividend payments cushioned the Thai stock market against a steep fall.
Recovery on course
Asia focus, Pathom Sangwongwanich, Published on 21/11/2016
» Asia Pacific is expected to remain on a macroeconomic recovery path supported by stabilised economic conditions in China and relatively low exposure to "external asymmetrical shocks", says Swiss banker Peter Rosenstreich.
Scotiabank shelves TBank divestment
Business, Somruedi Banchongduang, Published on 07/09/2016
» Bank of Nova Scotia (Scotiabank), Canada's third largest lender by assets, has shelved plans to sell up to a 49% stake in Thanachart Bank (TBank) because of the fragile global economic recovery, according to a source in the banking circle.