FRANKFURT: European Central Bank chief Mario Draghi warned Thursday of storm clouds on the horizon for the eurozone as fears mount of a global trade war, prompting the bank to keep its massive stimulus scheme in place.
Indonesian and Vietnam stock markets plunged, while the Stock Exchange of Thailand slid on Thursday, as rising US treasury yields and a stronger dollar prompted foreign investors to trim holdings in emerging market equities.
SEOUL - South Korean telecoms giant Samsung Electronics saw net profits leap by more than half in the first quarter, it said Thursday, thanks to strong demand for memory chips and its latest high-end smartphone.
The Finance Ministry will review a measure to take back the additional living allowance given to those who registered to take training programmes under the government's second phase of the welfare and subsidy scheme but failed to do so.
Energy policymakers announced new renewable power generators will have the same feed-in tariff as fossil-fuel power generators, 2.40 baht per kilowatt-hour, because their production cost is equal to or lower than their traditional peers.…
The acting board of the National Broadcasting and Telecommunications Commission (NBTC) will inaugurate the 1800-megahertz spectrum pre-auction process today after unanimously approving the draft of the three-licence auction Wednesday.
After a week of mounting speculation over a potential consolidation between Krungthai Bank (KTB) and TMB Bank, KTB's president and TMB's chairman both dispelled the rumours Wednesday, saying there is no merger discussion plan.
SET-listed Siam Cement Group (SCG), Thailand's largest cement maker and industrial conglomerate, is concerned its revenue is unlikely to hit its growth target of 5-6% to 472-477 billion baht because of the baht's strength.
Thailand must narrow its education gap and digitise its workforce in order to take full advantage of Alibaba's planned investment, says Saovaraj Rattanakumfu, a senior researcher at the Thailand Development Research Institute (TDRI).
LONDON - US cable giant Comcast formalised Wednesday its £22 billion takeover bid for pan-European satellite TV group Sky, outbidding Rupert Murdoch's 21st Century Fox, whose lower offer has hit UK antitrust hurdles.