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WORLD

EU accuses 8 banks of forming eurozone bond cartel

AFP, Published on 31/01/2019

» BRUSSELS - The EU's powerful anti-trust sheriff on Thursday accused eight banks of having conspired for several years to distort competition in the eurozone bond market.

WORLD

Venezuela's Guaido to present 'rescue plan' as int'l support mounts

AFP, Published on 31/01/2019

» CARACAS - Venezuela's opposition leader Juan Guaido was to outline his plans to tackle the country's economic crisis Thursday after European lawmakers recognized him as the acting head of state -- another step forward in his bid to force out President Nicolas Maduro.

BUSINESS

Trump: US-China trade talks 'going well'

AFP, Published on 31/01/2019

» WASHINGTON: President Donald Trump on Thursday touted the chances of success of US-China trade negotiations as the talks entered a second day, saying Beijing was eager to make a deal.

THAILAND

Pheu Thai chooses three as PM candidates

Online Reporters, Published on 31/01/2019

» Pheu Thai has chosen three as its prime ministerial candidates while pro-regime Palang Pracharath will officially ask Gen Prayut Chan-o-cha to be its PM candidate on Friday.

BUSINESS

Trump: US-China trade talks 'going well'

Reuters, Published on 31/01/2019

» WASHINGTON: US President Donald Trump was upbeat on Thursday about high-level trade talks with Chinese officials in Washington but said no final deal would be made until he meets with Chinese President Xi Jingping.

BUSINESS

Indonesia to challenge EU directive on palm oil

Reuters, Published on 31/01/2019

» JAKARTA: Indonesia intends to challenge an EU directive on renewable energy at the World Trade Organization, arguing the plan to curb the use of crops that cause deforestation will unfairly target palm oil, a senior Indonesian official told Reuters.

WORLD

Pungent 'J-Queen' durians sell for B31,000 in Indonesia

Reuters, Published on 31/01/2019

» JAKARTA: An Indonesian variety of the durian - a pungent, spiky fruit considered a delicacy across many parts of Asia -- has been sold in a store on the island of Java for a hefty 14 million rupiah (31,000 baht) per fruit.

BUSINESS

Economy grew steadily in December, says central bank

Online Reporters, Published on 31/01/2019

» The economy grew steadily in December on private consumption and tourism with arrivals rising 7.7% over the same period in 2017, according to the Bank of Thailand.

BUSINESS

Gains in financial, energy stocks help SET index rise

Bangkok Post and Reuters, Published on 31/01/2019

» Thai shares rose to a near eight-week closing high on Thursday after gains in the energy and financial sectors.

BUSINESS

Italy in recession after economy shrinks in Q4 2018

AFP, Published on 31/01/2019

» MILAN: The Italian economy contracted in the fourth quarter of 2018, plunging the country into a technical recession, official data showed Thursday.