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  • WORLD

    Australians vote for change

    Published on 07/09/2013

    » SYDNEY - Conservative challenger Tony Abbott declared Australia "under new management" on Saturday after Prime Minister Kevin Rudd conceded election defeat and said he would step down as Labor leader.

  • BUSINESS

    Oil rout, China weakness-keep-stocks-on-back-foot

    Business, Published on 18/01/2016

    » Recap: Asian stock markets swung back and forth last week but brief rebounds proved unsustainable in the face of dire economic news. Oil prices sank to a 12-year low below US$30 per barrel as investors worried about the health of the global economy, while the slowdown in China and volatility in its markets continued to make for a nervous start to the year. The Thai stock market had a similarly wild ride, tracking the regional bourses.

  • BUSINESS

    Mixed prospects

    Asia focus, Published on 26/01/2015

    » Thai companies that have been considering regional expansion are going against the global trend of budget cuts in the oil and gas industry by preparing to actively pursue possible merger and acquisition opportunities that may arise.

  • BUSINESS

    Bigger and better

    Asia focus, Published on 26/01/2015

    » Vietnam's central bank has begun a drive to strengthen the country's weak and inefficient banking sector through mergers and acquisitions that will create fewer but far more stable institutions.

  • BUSINESS

    Top banks downgraded

    Published on 22/06/2012

    » WASHINGTON - The health of 15 of the world's largest financial institutions has been called into serious question after Moody's downgraded their credit ratings, citing risk exposure and the eurozone crisis.

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