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Search Result for “cash”

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BUSINESS

Banking on transformation

Asia focus, Chiratas Nivatpumin, Published on 19/11/2018

» The rise of blockchain technology, quantum computing, artificial intelligence (AI) and digital currencies will completely transform how banks operate in the future, according to William Winters, group chief executive for Standard Chartered Bank.

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BUSINESS

Vietnam ready to be choice landing spot

Business, Tanyatorn Tongwaranan, Published on 21/08/2018

» With billion-dollar deals being struck between Vietnamese companies and Thai conglomerates over the past few years, Vietnam is ready for a second wave of investments from medium-sized Thai businesses, buoyed by the growing consumer market, emerging sectors and the overall investment climate, says HSBC Bank Vietnam.

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BUSINESS

Thai firms looking beyond backyard

Business, Published on 20/06/2017

» Thai companies are looking beyond Asean for mergers and acquisitions, while the stronger baht is expected to help lower financial costs for these deals, HSBC says.

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BUSINESS

Staying in shape

Asia focus, Umesh Pandey, Published on 01/06/2015

» Asian banks remain healthy and have managed to avoid the ongoing problems faced by some multinationals that have been divesting assets left, right and centre, say some of the region's top finance executives.

BUSINESS

Is another global crisis looming?

Business, Pathom Sangwongwanich, Published on 02/06/2016

» With a substantial amount of accumulated debt and banks becoming more vulnerable to loan delinquency, the global economic recovery remains in murky territory and another financial crisis cannot be ruled out, says an executive at an international investment management firm.

BUSINESS

Set stalls despite high turnover, global optimism

Business, Published on 10/11/2014

» Recap: US and European markets surged last week. The Dow Jones Industrial Average hit a new high, buoyed by signals from the European Central Bank (ECB) signal that it stands ready to introduce more economic stimulus measures if necessary.

BUSINESS

HSBC's unit 'helped clients dodge taxes'

Business, Published on 10/02/2015

» Geneva: Banking giant HSBC Holdings Plc faced damaging claims yesterday that its Swiss division helped wealthy customers dodge millions of dollars in taxes after a 'SwissLeaks' cache of secret files emerged online.

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BUSINESS

Standing out in the crowd

Asia focus, Tanyatorn Tongwaranan, Published on 28/09/2015

» Despite some panic on the ripple effects from the Chinese currency depreciation, the global luxury sector will remain unfazed driven by rising disposable incomes and continuing influx of Chinese outbound tourists, experts have suggested.

BUSINESS

Asian shares slide after US, China data

Published on 02/02/2015

» HONG KONG - Shanghai stocks tumbled Monday after two gauges of Chinese manufacturing activity showed contraction in January, while some Asian markets were also hit by a sell-off on Wall Street.

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.