TOKYO: A coalition of climate groups are stepping up pressure on Japan’s top three banks to cut financing linked to fossil fuels, filing shareholder resolutions to be voted on at the companies’ annual general meetings in June, sources said on Monday. The groups are targeting megabanks Mitsubishi UFJ Financial Group,Continue Reading
The Democrat Party has proposed financing its economic policy using one trillion baht drawn from unspent funds kept by various state agencies.Continue Reading
Citi, one of the oldest financial institutions in the Southeast Asian region, has committed to support Thai and regional corporates’ ambitions via its unmatched global network and local expertise.Continue Reading
The Election Commission (EC) has ordered the Pheu Thai Party to clarify the source of finance for its policy of giving away 10,000 baht to everyone aged 16 and older, according to a source at the agency.Continue Reading
The latest jobs report is in, and the good news is Federal Reserve policy on inflation appears to be working. The bad news is Fed policy on inflation appears to be working. The March 2023 jobs report reveals that the US economy added 236,000 jobs during the month – roughly in line with expectations. A […]Continue Reading
TOKYO — Since 2013, Governor Haruhiko Kuroda has been morphing the Bank of Japan into the world’s biggest hedge fund – and, all in all, it’s not going well. On Saturday (April 8), Kuroda will leave BOJ headquarters, handing successor Kazuo Ueda the worst job in international finance. As Ueda gets to work, all eyes […]Continue Reading
Unlike past governors who traditionally hailed from the central bank or the powerful Finance Ministry, Mr Ueda is an academic by training.Continue Reading
As China draws down dollar holdings and the yuan trumps the US greenback in Russia, more and more economists are asking if an inflection point has been reached. Count Nobel laureate Paul Krugman firmly in the “no” camp. “The dollar’s dominance isn’t under threat,” the New York Times columnist argues. Others aren’t so sanguine as […]Continue Reading
In the Xi Jinping era, China has struggled to balance how its economic ambitions play beyond its borders. What may look like savvy reform plans in Beijing can easily get lost in translation abroad. Case in point: Communist Party leader Xi is assuming even greater control over China Inc even as insiders argue new Premier […]Continue Reading
The Bangkok Metropolitan Administration (BMA) will name 35 alcohol-free locations in 24 districts to curb the number of accidents and deaths during the upcoming Songkran Festival.Continue Reading