Showing 1-10 of 63 results
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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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Thailand pushes yuan, ringgit use to curb baht volatility
Bloomberg News, Published on 08/08/2023
» Thailand plans to promote the use of yuan and other Asian currencies in trade and investments to curb wild swings in the baht against the United States dollar, according to a central bank official.
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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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China to start cross-border payment system
Published on 11/06/2015
» China will start a cross-border payment system for the yuan by the end of the year as it seeks to promote its global use.
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Sunken 'ghost ship' could haunt Gulf fish
News, Roger Crutchley, Published on 16/01/2022
» The week began promisingly with the discovery of a mystery "ghost ship" drifting in the Gulf of Thailand with no crew, cargo or documents aboard -- not even any defiant rodents. First spotted by Chevron oil-rig workers, the dilapidated Fin Shui Yuan 2, appeared to be a freighter of Chinese origin. Unfortunately, the vessel sunk in rough seas off the Nakhon Sri Thammarat coast while being towed towards land by the Thai Navy.
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A year of milestones
Business, Post Reporters, Published on 26/12/2023
» As 2023 concludes, the year stands out for a multitude of noteworthy events and news.
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Huawei eyes cybersecurity transparency
Business, Suchit Leesa-nguansuk, Published on 29/09/2023
» Huawei's global cybersecurity and privacy protection transparency centres aim to address the increasing complexity of the segment and doubts among Western companies about the company's technologies, particularly its 5G network, amid the ongoing US-China tech skirmish.
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Driving out the gangs
News, Wassayos Ngamkham, Published on 01/08/2023
» The Royal Thai Police (RTP) will now look into five major biker gangs based in the country after arresting the leader, an Austrian national, and some members of the Outlaws Motorcycle Club in Pattaya on July 21.
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Prasarn: Let market forces drive baht
Business, Pathom Sangwongwanich, Published on 17/08/2015
» The Bank of Thailand would let market mechanisms determine the baht's value rather than weaken it despite pressure from the recent yuan devaluation.
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Global shares sink in bad case of China syndrome
Business, Published on 11/01/2016
» Recap: The new year got off to a miserable start as China suspended share trading twice, the yuan slid to a five-year low, and weak manufacturing and services data in the world's second-largest economy rattled traders everywhere including Thailand.
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