Corporate Scandals Spark Crisis of Confidence in Thai Market
The near implosion of a $2 billion company in Thailand is fueling calls from investors for tighter oversight of the country’s capital markets.
The near implosion of a $2 billion company in Thailand is fueling calls from investors for tighter oversight of the country’s capital markets.
The yen may fall through the more-than three-decade low it reached last year amid Japan’s widening monetary policy divergence with the US, according to Eisuke Sakakibara.
Prime Minister Rishi Sunak is looking to reduce the ranks of Britons declared too sick to work and boost the economy by reforming the system of “fit notes” issued by doctors.
UBS Group AG’s global wealth chief Iqbal Khan is back in Asia — this time to rally his enlarged workforce to gun for new assets as the firm targets the region for growth following its takeover of Credit Suisse.
Singapore hedge fund Dymon Asia Capital has hired 24 portfolio managers over the past year including ex-Goldman Sachs Group Inc. managing director Jaewon Yu as it prepares to raise $1 billion in fresh funds.
Swedish property prices rose slightly for a fifth straight month, according to realtor data that adds to evidence of stabilization after sharp declines that shook the market and weighed on the economy.
African governments are trying to devise a common set of rules to govern the fast-growing market for carbon credits as they channel a large share of revenue toward state coffers.
The long-term prospects for artificial intelligence-linked semiconductors are making Morgan Stanley even more bullish about chip stocks in Greater China, Japan and South Korea.
Homebuyers of a China Evergrande Group project found that apartments delivered to them were seized by a court, the National Business Daily reported.
Massimo Pappone, one of the top managers at the Italian unit of Lazard Ltd., is set to leave the firm to focus on entrepreneurial and private equity initiatives.