Thailand Financial News

Credit Suisse in Hong Kong is likely to be laid off this week, as part of the bank's integration with UBS Group, Reuters reported on Monday. Only 20 bankers out of the 100-strong investment banking team will be spared from the cuts, the Reuters report said, citing sources familiar with the matter. Hong Kong houses the largest share of Credit Suisse's investment bankers in Asia.

In another incident of heart attack among healthy adults, wife of Kannada actor Vijay Raghavendra, Spandana, died after she suffered a heart attack at a hospital in Bangkok, according to media reports. As per the reports, Spandana was on a vacation with her family in Thailand.

trading at their 52-week lows. Investing in a falling stock is akin to catching a falling knife that has burned many, with investment values plummeting further. Therefore, buying the dip demands careful consideration.

Kannada actor Vijay Raghavendra’s wife Spandana has passed away from a massive cardiac arrest while on a vacation in Thailand with her family. This sudden death has the entire family reeling from shock. The tragedy took place just 19 days before their 16th wedding anniversary.

Bangkok: Thai former Prime Minister Thaksin Shinawatra said on Saturday he was postponing his return from self-exile as Thailand struggles to overcome a political deadlock after the general election in May was won by opponents of military-backed parties. Thaksin, a former telecom tycoon who became prime minister in 2001 and ousted by the military in 2006, has towered over Thailand's politics despite having lived in self-imposed exile since 2008 to avoid graft convictions which he said were politically motivated after his government were ousted in a 2006 coup. On Saturday, Thaksin said in a post on X, the social media platform formerly known as Twitter, that he needed a medical check up and would delay his return, originally planned for Aug. 10, by «a couple of weeks». Thaksin-backed Pheu Thai Party came second in the May election after the progressive Move Forward Party. The two election winning parties have been trying to form a government with six like-minded partners but have been blocked by the Senate, dominated by military appointees, and conservative opponents.

NDTV reported on Saturday. The Chinese naval base in Cambodia is close to the Strain of Malacca, a crucial point that links the Indian Ocean with the South China Sea.

Typhoon Khanun would cause severe damage to China which is reeling from rain from an earlier typhoon that caused deadly flooding and damage in Beijing, reported AP. If the forecast from the Japan weather agency proves true, oit would largely spare China from a double whammy. Khanun, which means jackfruit in Thai, had sustained surface winds of 162 kph (100 mph) with higher gusts Thursday morning.

Thailand has urged farmers to reduce their rice planting to save water following poor rainfall, a move that poses a fresh threat to global supply after India banned some shipments of the grain. Farmers in the key central region have already planted most of their rice but the government is encouraging a switch to other crops that need less water, according to a statement from Surasri Kidtimonton, the secretary-general of the Office of the National Water Resources.

Tesla has had a red-carpet welcome from India for its proposal to invest in the country, while its largest rival in electric vehicles, China's BYD, has been stopped cold by increased scrutiny from New Delhi. The result could be an opening for Tesla to negotiate terms for an entry to the world's third-largest auto market without the competitive threat from BYD that it faces in other emerging markets, like Thailand. «The future of who wins in India will have some bearing on who wins globally in the EV race,» said Jasmeet Khurana of the World Economic Forum.

Kanis Saengchote, a researcher at Chulalongkorn University in Thailand, recently developed a framework for identifying and measuring systemic risk in decentralized finance (DeFi) institutions. 

typhoon slammed Okinawa and other islands in southwestern Japan Wednesday with high winds injuring more than 20 people as it moved west making its way toward mainland China. Typhoon Khanun, which means jackfruit in Thai, was heading west at speeds of 10 kph (6 mph), packing surface winds of up to 180 kph (111 mph). It was at sea southwest of Okinawa's main island, according to the Japan Meteorological Agency.

Aditya Birla Group's hospitality arm, Aditya Birla New Age Hospitality (ABNAH) has announced a strategic deal to add four restaurant brands including Michelin starred Hakkasan, the award winning Yauatcha and Nara Thai to its portfolio. ABNAH has acquired a 100% stake in KA Hospitality Private Limited (KAH), the company that owns the home-grown brand CinCin and franchise rights of the other three global restaurant brands. The four brands are positioned across the customer value pyramid, spanning the mid market to premium segments, the company said.

Business Insider on 1 August, quoting a report from South China Morning Post. Incorporated on 20 July in Hangzhou city, the agrotech startup is called '1.8 Meters Marine Technology (Zhejiang) Co', said the report, adding Ma's off of investment holdings companies, Hangzhou Dajingtou No. 22 Arts and Culture Co., invested a 10% stake in the startup.

Aditya Birla Group acquired full stake in KA Hospitality, announced the company on Tuesday. The acquisition has resulted in the addition of four new restaurant brands, Hakkasan, Yauatcha, Nara Thai and CinCin in its portfolio.

Aditya Birla New Age Hospitality has announced a deal to add four restaurant brands — Hakkasan, Yauatcha, Nara Thai and CinCin — to its portfolio. The hospitality arm of Aditya Birla Group has acquired 100% stake in KA Hospitality Private Limited (KAH), the company that owns the home-grown brand CinCin and franchise rights of the other three global restaurant brands. The four brands are positioned across the customer value pyramid, spanning the mid-market to premium segments.

NEW DELHI : NXP Semiconductors, founded as a division of Royal Philips NV, is open to setting up a fabrication unit in India, subject to the development of a suitable ecosystem in the country, said Hitesh Garg, vice-president and India country manager. “If there is an ecosystem developed here, we will support the ecosystem. We will make sure that we are doing the manufacturing of our chips which are possible to be done here in India," Garg said, reiterating views expressed by NXP chief executive officer Kurt Sievers, who was in India earlier this year and met Prime Minister Narendra Modi.

A large explosion at a fireworks warehouse in southern Thailand has killed at least 10 people and wounded scores

Thailand on Saturday, officials said. The firecrackers exploded and set off a fire at the unauthorised warehouse at the Muno market in Su-ngai Kolok district in the southern province of Narathiwat bordering Malaysia, Narathiwat's governor Sanan Phongaksorn told Reuters.

Australia on Saturday agreed to further cooperate with India, Japan, Indonesia, the Philippines and Korea to ensure the security and stability of the Indo-Pacific at the 33rd Australia-US Ministerial Consultations (AUSMIN). Officials from the two countries on Saturday met in Brisbane.

A growing number of young Chinese are moving overseas to escape their homeland's ultra-competitive work culture, limited opportunities and family pressures

Jujutsu Kaisen Season 2 Episode 5 will be the sole episode in the Premature Death sub-arc, which will encompass the widely referred to Gojo's Past arc. Below, you can find a comprehensive list of release times and streaming information for Jujutsu Kaisen Season 2 Episode 5.