Showing 1-10 of 15 results
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Stocks suffer from Yuan shock before late rally
Business, Published on 17/08/2015
» Recap: The move by China's central bank to devalue the yuan by adjusting its reference rate sent the currency down 4.6% and sent shockwaves through global financial markets. The Thai stock market slipped below 1,400 on Thursday before a bargain-hunting rally on Friday.
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Asian shares advance as oil prices retreat
Business, Nuntawun Polkuamdee, Published on 06/08/2022
» RECAP: Asian equities mostly rose yesterday as a drop in oil prices to pre-Ukraine war levels stirred hopes of a slowdown in inflation and bank interest-rate hikes. But while global markets have enjoyed a broadly positive week, recession worries and Chinese military drills around Taiwan have traders' nerves on edge.
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Airlines' losses widen on weak tourism, strong baht
Published on 14/08/2019
» Bangkok Airways and smaller Thai carriers have reported surging second-quarter losses as they reeled from a decline in Chinese tourists and a strengthening baht currency.
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Yodchai takes helm as NokScoot boss
Business, Boonsong Kositchotethana, Published on 01/11/2017
» The new chief executive of NokScoot vowed yesterday to bring the medium-to-long-haul low-cost carrier to new heights.
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Nok Air's Patee leaves CEO post
Business, Boonsong Kositchotethana, Published on 16/09/2017
» After heading Nok Air since its inception 14 years ago, Patee Sarasin has called it quits as chief executive.
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Nok Air's new shares fully subscribed
Business, Boonsong Kositchotethana, Published on 01/11/2017
» Cash-strapped Nok Air's latest bid to get shareholders to inject 1.7 billion baht in fresh funds and advance a turnaround plan has been declared a success.
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Nok Air 'upgrades' fleet range
Business, Boonsong Kositchotethana, Published on 19/10/2017
» Nok Air has secured an agreement from Boeing to upgrade the flying range of some of its Boeing 737-800s to allow it to operate over a longer distance.
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Disappointment with Opec accord hits world equities
Business, Published on 29/05/2017
» Recap: Global equity markets retreated last week as a slump in crude prices triggered a sell-off in energy stocks after an Opec-led decision to extend output cuts fell short of expectations. However, markets rallied on Friday amid a consensus that the sell-off had been an overreaction. The energy-heavy Thai stock market started the week strongly in anticipation of good news from Opec, and offshore fund inflows helped to limit losses later.
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Nok Air rehab centred on China
Business, Boonsong Kositchotethana, Published on 24/05/2016
» Beleaguered Nok Air is turning the corner with a recovery plan set in motion and a balance-sheet turnaround is expected this year-end.
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Regional rail contender
Asia focus, Prangthong Jitcharoenkul, Published on 10/10/2016
» The rail technology leader Bombardier is seeking a stronger presence in Asia through its headquarters in Bangkok, says the company's vice-president for Asia Pacific.
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