Latest South-East Asia Banking News
- ASIA CREDIT-Thai firms rush to sell bonds before rates go up 16 May 2008 10:10 GMT
... BANGKOK, May 16 (Reuters) - The value of ... value of new corporate bonds issued in Thailand could rise by half this year and ... officials and underwriters said. "Nobody knows whether Thai rates have hit bottom. But funding costs ...
- Bank Rakyat Aims To Open Up 15 Ar-Rahnu Branches In 3 Years 16 May 2008 08:16 GMT
... Bank Rakyat Aims To Open Up 15 Ar-Rahnu Branches ... will be managed by Koperasi Pendidikan Islam Malaysia Bhd," he said at a press conference after ... month based on an estimated RM6 million loan to be given out in the first ...
- West is urged to cancel further $400bn of poor countries' debt 16 May 2008 08:09 GMT
... in Zaire and Ferdinand Marcos in the Philippines who whisked the money away into Swiss ... cancellation alone is not enough. The sub-prime mortgage collapse is proof that as long as ... as all of the responsibility for bad loans is placed entirely on the borrower, it ...
- SUTHERLAND GLOBAL TO HIRE 600 MORE WORKERS IN PHILIPPINES 16 May 2008 07:57 GMT
... PILI, Camarines Sur, Philippines, May 16, 2008 (AsiaPulse via COMTEX) -- ... engaged in IT, telecommunications, retail, financial services, banking, insurance, travel and hospitality, mortgage services and healthcare. Like its delivery centers ...
- Rupee falls for 4th day; boosts Indian shares to week-high 16 May 2008 07:19 GMT
... Rupee falls for 4th day; boosts Indian shares to ... 10 most-traded Asian currencies after the South Korean won and the Thai baht. India’s currency has fallen 8.7% in ...
- Rich US investors say it's time to buy stocks; favour energy, Asia 16 May 2008 07:19 GMT
... Rich US investors say it’s time to buy stocks; favour ... was sparked by rising defaults on subprime mortgages. The S&P 500 financial index has lost ... Singapore’s dollar is up 21% and the Thai baht has gained 23%. The dollar has slumped ...
- US Subprime Crisis Only Has Minimal Impact On Malaysia Banking Ops 16 May 2008 07:18 GMT
... US Subprime Crisis Only Has Minimal Impact On Malaysia Banking Ops DETROIT (Michigan), May 16 (Bernama) -- The US sub-prime crisis has minimal effect ...
- India slips in competitiveness ranking; US remains at top 16 May 2008 07:17 GMT
... New Delhi, May 15, 2008 (Asia Pulse Data Source ... billion dollars), Taiwan (278 billion dollars) and Korea (262 billion dollars). "Shouldn't the presidents of the ... dollars). "Shouldn't the presidents of the central banks of these nations be more associated with ...
- Why Target The Gay Marketing Pink Pound? 81 Billion Good Reasons 16 May 2008 06:58 GMT
... London, UK (PRWEB) May 15, 2008 -- Research just ... more exotic locations such as South America, Thailand and the Middle East -- including areas ... than the UK average. Despite the current credit crunch, from these figures it appears there ...
- Seoul shares rally on Wall street gains 16 May 2008 06:48 GMT
... SEOUL, May 16, 2008 (Asia Pulse Data Source via COMTEX) -- South Korean stocks closed sharply higher Thursday as most blue ... in U.S. markets, analysts said. The local currency appreciated against the greenback. The benchmark Korea ...
- Asian currencies mostly up, buoyed by rising stocks 16 May 2008 06:39 GMT
... Asian currencies mostly up, buoyed by rising stocks SINGAPORE ... such regional units as the Singapore dollar, Malaysian ringgit and Chinese yuan. The ringgit briefly ... notes that emanates from the Asian central banks' reluctance to tighten monetary policies via currency ...
- Vietnam, Hungary cooperation thrives 16 May 2008 06:39 GMT
... Hungarian President Laszlo visit is aimed at boosting multifaceted ... aimed at boosting multifaceted friendly relations between Vietnam and Hungary and discussing options and concrete measures ... of statistics, public finance management modernisation and banking and financial sector reform. Hungary has partnered ...
- Bloated payrolls 16 May 2008 06:38 GMT
... One broad principle that has recently been established is ... is 96.8 million won a year, at Korea Securities Depository, which has 405 people on its payroll. ...
- Eximbank sells US$1.2 bln worth of euro bonds 16 May 2008 06:38 GMT
... The state-run lender said the bonds will mature in ... repaying foreign currency debts, it added. South Korean lenders have sought to tap niche markets to ... credit crunch. The Eximbank has sold Mexican-peso, Malaysian-ringgit and Swiss-franc notes this year. ...
- Greenhorn Amirsham answers amid taunts 16 May 2008 06:37 GMT
... KUALA LUMPUR: New kid on the block Datuk Amirsham ... the CEO of the biggest bank in Malaysia — as if we are all cronies ... who got assistance from it whether in loans, job opportunities, scholarships, entrepreneurship opportunities and others ...
- Asian economic and business calendar -- to June 2 16 May 2008 06:36 GMT
... Asian economic and business calendar -- to June ... 19 -Singapore markets closed for public holiday -Malaysian market closed for Wesak Day -Bank of ... June 2 Monday -Japan May auto sales -Indonesia May CPI -Indonesia April trade data TFN.newsdesk@thomson.com ...
- FOREX - RUPIAH ENDS WEAKER AGAINST U.S. DOLLAR - MAY 15, 2008 16 May 2008 05:54 GMT
... JAKARTA, May 15, 2008 (AsiaPulse via COMTEX) -- ... rate against the greenback, Kostaman Thayib, retail banking director of PT Bank Mega Tbk, said ... regional stock exchange's index coupled with Bank Indonesia's (the central bank) plan to intervene in ...
- Korea's current account deficit with Mideast narrows in 2007 16 May 2008 05:54 GMT
... SEOUL, May 16, 2008 (Asia Pulse Data Source via COMTEX) -- South Korea's current account deficit with the Middle East ... a $47.3 billion deficit the previous year, the Bank of Korea (BOK) said in a provisional ...
- South Korean market extends gains 16 May 2008 05:52 GMT
... (RTTNews) - Seoul shares were trading higher on ... at 1,890.94, adding to Thursday's 2.3%. In currency trading, te dollar opened at 1,044.0 won, ... steel major POSCO jumped 2.40%. In the banking sector, Woori Finance moved up 0.72%, but ...
- Asian markets rise as Wall Street extends gains 16 May 2008 05:52 GMT
... Asian markets rise as Wall Street extends gains (RTTNews) ... 0.71%. At 11:22 a.m. local time, South Korea's key KOSPI index was up 5.23 points ... 61.20 points or 0.67% at 9,218.38; and Indonesia's Jakarta Composite index was adding 6.41 points ...
- Police Nab Suspected Hacker of Korean Bank 16 May 2008 05:48 GMT
... Police on Thursday arrested an American who allegedly hacked ... allegedly hacked the computer network of a Korean savings bank, disrupting its systems and attempting to ... been cases of criminals stealing customers' online banking data and withdrawing their deposits but this ...
- Chinese president visits Japan: Tensions remain beneath talk of warmer ties 16 May 2008 05:47 GMT
... Chinese president visits Japan: Tensions remain beneath talk ... provoked an angry response in China and Korea, both of which suffered under Japanese wartime rule. ... of Afghanistan, the nomination of a new central bank governor and most recently, the budget. Amid ...
- Threat to vets' viability 16 May 2008 05:47 GMT
... Rural veterinarians say Government deregulation of animal remedy prescriptions ... in beef exported from New Zealand to Korea – after Waimauku farmer Carl Houghton used ... the need to pay off large student loans or simply for their OE". Rural vets ...
- Teekay Corp. Q1 2008 Earnings Call Transcript 16 May 2008 05:46 GMT
... Good morning ladies and gentlemen, thank you for standing ... world fleet. Single-hull discrimination continues to grow. Korea which has been a leading user of single-hull ... question will be from Greg Lewis of Credit Suisse. Please go ahead. Bjorn Moller - ...
- Nepal´s foreign labor exports rise as global demand surges 16 May 2008 05:46 GMT
... Moreover, it is only recently that South Korea, Japan and Malaysia started showing interest in skilled Nepali workers ... would help address these problems. India, Pakistan, Philippines and Bangladesh have set up very constructive ...
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