Showing 1 - 10 of 15
Lawsuits pile up over Credit Suisse bonds write-down
AFP, Published on 24/05/2023
» ZURICH: Switzerland's justice authorities said Tuesday that 230 complaints had been filed over a decision by financial regulators to cut the value of high-risk Credit Suisse bonds to zero, to facilitate the stricken bank's takeover by UBS.
Over $68 bn withdrawn from Credit Suisse ahead of UBS takeover
AFP, Published on 25/04/2023
» ZURICH - Tens of billions were withdrawn from Credit Suisse in the first three months of 2023, the bank's earnings report showed Monday, providing clues to the towering challenges ahead as UBS prepares an emergency takeover.
Credit Suisse shares slump 64% after UBS deal
Agencies, Published on 20/03/2023
» LONDON/ZURICH: Shares in Credit Suisse dropped 64% after the market opened on Monday after rival UBS agreed at the weekend to take over the 167-year old bank for $3 billion.
Explainer: The lowdown on the Zipmex situation
Business, Janine Phakdeetham, Published on 27/07/2022
» Analysts have commented on the implications on investor confidence and markets following Thailand's major digital asset exchange platform Zipmex's announcement of a memorandum of understanding (MoU) with interested parties.
Luna 2.0 coin crashes after rocky launch
Business, Poonyapat Luenam, Published on 31/05/2022
» The relaunch of the highly controversial Luna cryptocurrency faces a rocky start after losing 75% of its value.
Analysts shrug at new scheme
Business, Post Reporters, Published on 17/05/2021
» With a slow vaccine rollout, mounting Covid-19 cases and new variants entering the country, Thailand's economic future seems more uncertain than ever.
Mastering the 'now normal'
Asia focus, Pattama Kuentak, Published on 07/09/2020
» The career path that Jonathan Heit took to the public relations industry is unlike that of most people. With an undergraduate degree in sciences and a pre-medical background at Cornell University, Mr Heit, now 48, says he was "on the path to becoming a doctor".
AEC clarifies shortfall with SEC
Business, Pathom Sangwongwanich, Published on 28/05/2020
» SET-listed AEC Securities has clarified its failure to maintain net capital as required by the Securities and Exchange Commission (SEC), attributing the shortage to the calculation of its debenture holding.
Turning over a new leaf
Business, Chatrudee Theparat, Published on 04/05/2020
» Banana leaves may look worthless, but to some farmers at Tung Samo in Kanchanaburi, they contribute significant income.
How a barrel of oil came to be worth less than nothing
New York Times News Service, Published on 21/04/2020
» NEW YORK: Something bizarre happened in the oil markets on Monday: Prices fell so much that some traders paid buyers to take oil off their hands.