Showing 1-10 of 58 results
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Bangkok Bank takes over StanChart’s Permata for $2.7bn
Published on 12/12/2019
» Bangkok Bank Plc agreed to buy 89.1% of Indonesia’s PT Bank Permata for about US$2.7 billion in the first major purchase of an overseas lender by a Thai bank.
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Siam Commercial Bank's purchase of crypto exchange Bitkub stalled
Published on 01/08/2022
» A deal to sell a majority stake in Thailand’s largest crypto exchange to the nation’s oldest bank remains stuck in due diligence more than eight months after the plan was unveiled, according to the platform’s co-founder.
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Thai Life Insurance trades flat after biggest 2022 Bangkok IPO
Published on 25/07/2022
» Thai Life Insurance Plc traded flat on its debut in Bangkok, following the country’s biggest initial public offering this year.
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Biggest currency rout since 1997 puts Asia central banks in bind
Published on 29/06/2022
» The surge in the dollar has set Asian currencies on course for their worst quarter since 1997 and created a dilemma for central bankers.
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Spain, Germany cases rise; UK PM remains in ICU: Virus update
Published on 08/04/2020
» Anthony Fauci, director of the US National Institute of Allergy and Infectious Diseases, said the start of a turnaround in the fight against the virus could come after this week.
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Markets rise as deaths slow in hotspots: Virus update
Published on 06/04/2020
» Germany and Spain reported lower numbers of new cases, a tentative sign that lockdown measures are easing the outbreak.
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Vaccines in development hit 70, deaths top 114,000: Virus update
Bloomberg News, Published on 13/04/2020
» Seventy coronavirus vaccines are in development globally, with three already being tested in human trials, the World Health Organization said. The northeastern Chinese city of Harbin tightened rules to curb the spread of the virus.
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Italy tests lockdown; global cases near 110,000: Virus update
Published on 09/03/2020
» Italy started its first working day after a government decree sought to curb movement within the country’s financial hub. Germany plans to boost investment to help its economy and the Trump administration is drafting measures to blunt the economic fallout from the outbreak.
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Europe tightens curbs with economic toll worsening: Virus update
Published on 17/03/2020
» Governments in Europe tightened curbs on free movement to stem the outbreak and are exploring ways to ease the financial impact. US Treasury Secretary Steven Mnuchin is rallying Senate Republicans to quickly pass the House package of economic measures. Goldman Sachs Group now expects China’s economy to contract by 9% in the first quarter and Hong Kong’s jobless rate rose to a nine-year high. The Philippines became the first country to shut its markets in response to the widening coronavirus outbreak and some regulators in Europe banned short selling. US equity futures and European stocks reversed gains.
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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.
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