Showing 1 - 10 of 29
Trump pauses enforcement of law banning foreign bribery
The New York Times, Published on 11/02/2025
» US President Donald Trump has ordered a pause in the enforcement of a federal law aimed at curbing corruption in multinational companies, saying it creates an uneven playing field for American firms.
Asian equities revive after slow start to 2025
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 04/01/2025
» RECAP: Asian stocks rose on Friday, aiming to shrug off a lacklustre start to 2025, while the dollar was steady near a two-year high as investors fret about United States interest rates staying higher for longer. Worries about tariffs and China's economy also kept a lid on gains.
US charges Indian billionaire Adani with bribery
Reuters, Published on 21/11/2024
» Gautam Adani, the billionaire chairman of the Indian conglomerate Adani Group and one of the world’s richest people, has been indicted in New York over his role in a $265-million bribery scheme, according to US prosecutors.
Norway pension fund blacklists Gulf companies
Bloomberg News, Published on 28/12/2023
» Norway’s largest pension fund has divested $15 million from Gulf companies on concerns they may contribute to human rights violations, and decided to exclude the oil producer Saudi Aramco because of climate risks.
SET moves lower despite upbeat Asian trend
Business, Nuntawun Polkuamdee, Published on 04/03/2023
» RECAP: Asian shares rose yesterday on prospects for a steady economic recovery in China, and after Wall Street reversed losses following remarks by a Fed official that signalled a measured approach to raising US interest rates.
Asian shares slide, SET falls on weak GDP data
Business, Nuntawun Polkuamdee, Published on 18/02/2023
» RECAP: Asian shares and currencies slipped on Friday as strong economic data from the US and hawkish Federal Reserve comments revived fears that the US central bank will stick to its path of interest rate increases to tame inflation.
Regional shares retreat, foreign selling continues
Business, Nuntawun Polkuamdee, Published on 11/02/2023
» RECAP: Asia-Pacific stocks retreated on Friday, slumping towards a second weekly loss as investors fretted about the potential for further US Federal Reserve tightening.
Adani Enterprises shares rocket 20%
AFP, Published on 07/02/2023
» MUMBAI: Shares in the flagship firm of the troubled Indian conglomerate Adani rocketed as much as 20% Tuesday, making up some of the huge slump suffered since last month.
Adani shares dive again as Indian opposition stages demos
AFP, Published on 06/02/2023
» MUMBAI - Investors dumped more Adani stock on Monday as India's opposition staged protests calling for a full enquiry into allegations of major accounting fraud at the country's biggest conglomerate.
Adani losses top $100bn after fraud claims
AFP, Published on 02/02/2023
» MUMBAI: The business empire of under-fire Indian tycoon Gautam Adani has lost more than $100 billion in value over the past week as shares in several firms plunged again on Thursday, a day after the group cancelled a multi-billion-dollar public offering.