Showing 91 - 100 of 1,281
UBS against the clock in Credit Suisse takeover talks
AFP, Published on 19/03/2023
» ZURICH - UBS was up against the clock Sunday in talks to finalise a mammoth takeover of its troubled rival Swiss bank Credit Suisse and reassure investors before the markets reopen.
Crunch weekend for crisis-hit Credit Suisse
AFP, Published on 18/03/2023
» ZURICH: Troubled Credit Suisse has two days to reassure investors before the markets open on Monday with the spectre of another turbulent week in global finance looming.
SET rides Asian rebound as bank worries ease
Business, Nuntawun Polkuamdee, Published on 18/03/2023
» RECAP: Asian equities advanced yesterday after a rescue package for First Republic Bank fuelled a rebound in US shares. Even so, the MSCI gauge of Asian shares recorded a second weekly loss after the recent turbulence in the global banking sector.
Volatility may ease but risk remains
Business, Published on 18/03/2023
» The Stock Exchange of Thailand experienced its most volatile week of the year, with gains and losses of more than 40-50 points, as did global bourses as a bank run led to the collapse of Silicon Valley Bank (SVB) and eroded confidence in US lenders.
Western stocks slide as bank fears return
AFP, Published on 17/03/2023
» LONDON: US and European stock markets fell on Friday as fears over the health of the banking system festered despite the latest efforts to shore up troubled lenders and tamp down contagion risks.
SCB EIC upgradeS Thailand’s 2023 GDP growth to 3.9%
Published on 17/03/2023
» SCB EIC revised up its economic growth forecast for Thailand in 2023 to 3.9% (previously 3.4%), thanks to being upbeat about a rebound in tourism and service sectors.
Thais urged to monitor rates
Business, Phusadee Arunmas, Published on 17/03/2023
» Thai exporters and importers are being advised to closely monitor the exchange rate and develop appropriate strategies to cope with the impact of short-term foreign exchange fluctuations.
SET allays concerns among investors
Business, Published on 17/03/2023
» The Stock Exchange of Thailand (SET) yesterday rushed to ease concerns after a plunge in Credit Suisse shares, reigniting worries about a possible banking crisis.
Asset managers counting on Credit Suisse assistance
Business, Published on 17/03/2023
» Local fund managers and economists insist the Swiss government and central bank will not let Credit Suisse collapse, but warn the situation remains fragile and investors should add gold to their portfolios amid the ongoing market volatility.
ECB sticks to planned rate hike despite turmoil
AFP, Published on 16/03/2023
» FRANKFURT: The European Central Bank stuck to a planned interest rate increase on Thursday as it remained laser-focused on battling sky-high inflation despite market turmoil over fears of a widening banking crisis.