Showing 1-10 of 360 results
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SEC confiscates assets of Stark
Business, Published on 08/07/2023
» The Securities and Exchange Commission (SEC) has moved to confiscate the assets of Stark Corporation, as well as those of the company's largest shareholder and some former executives allegedly involved in falsifying accounts, in addition to prohibiting them from travelling abroad.
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Ex-minister plays down unrest
Business, Molpasorn Shoowong, Published on 05/07/2023
» A former tourism and sports minister said even if Thailand experiences political demonstrations, foreign tourists would not be affected unless protesters disrupted airport operations as happened in 2008.
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The Stark reality of a company in decline
Business, Nareerat Wiriyapong, Published on 05/07/2023
» As the public awaits clarity on the formation of a new government, investor confidence is trying to rebound from the plunge caused by alleged fraud at Stark Corporation.
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DSI to grill 2 former Stark execs
Published on 04/07/2023
» Two former executives of financially ailing Stark Corporation are being summoned by the Department of Special Investigation (DSI) to answer charges that they falsified financial statements of the listed company.
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Debt-stricken Stark seeks way to avoid delisting
Bloomberg News, Published on 29/06/2023
» Stark Corporation Public Company Limited, the Thai industrial cable maker at the centre of an accounting scandal and debt default that rattled financial markets, plans to restructure its debt to stave off a forced delisting.
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Chinese imports of Russian oil at post-invasion high
AFP, Published on 20/06/2023
» BEIJING: Chinese imports of Russian oil last month hit their highest level since Moscow's February 2022 invasion of Ukraine, customs data showed Tuesday, as Beijing offers an economic lifeline to an increasingly isolated Kremlin.
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Drowning in debt
Business, Post Reporters, Published on 19/06/2023
» Household debt has long been a concern for Thailand, impeding consumer spending and hindering economic growth.
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Stocks drift lower as US struggles to reach debt deal
AFP, Published on 17/05/2023
» NEW YORK - European and US stock markets mostly drifted lower Tuesday as traders awaited possible developments on a US debt deal necessary to avert a default.
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Fresh rout of US regional banks despite First Republic deal
AFP, Published on 03/05/2023
» NEW YORK: Shares of United States regional banks suffered deep losses on Wall Street Tuesday, dashing hopes that the resolution of First Republic's woes would end the crisis.
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Rahm wins Masters crown to reclaim World No.1 spot
AFP, Published on 10/04/2023
» AUGUSTA (UNITED STATES) - Jon Rahm delivered tension-packed clutch shots down the stretch on Sunday to win the Masters, capturing his second major title to reclaim the world number one ranking.
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