Oil prices approach six-year low | Bangkok Post: business

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  • Oil prices approach six-year low

    29 Jan 2015 : LONDON - New York oil prices tumbled close to six-year lows on Thursday, as record-high US crude inventories deepened worries over the global supply glut.

  • THAI axes 3 loss-making routes

    29 Jan 2015 : Thai Airways International will chop three routes as it continues efforts to stem its financial bleeding.

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  • Minor buys six hotels in Brazil, Portugal

    28 Jan 2015 : The Thai-owned Minor International Plc has bought six hotels in Brazil and Portugal for a combined 168 million euros (6.21 billion baht), the company said in a statement on Wednesday.

  • Thailand tries to unload mountain of rice amid world glut

    28 Jan 2015 : In a nondescript building outside Bangkok, along the murky Chao Phraya River, the government is preparing to unload a mountain of rice on an already oversupplied world. And there’s more on the way.

  • SET closes up 3.00 to 1,592.81

    28 Jan 2015 : The Stock Exchange of Thailand's main index rose 0.19% or 3.00 points to close at 1,592.81 points on Wednesday.

  • Land transfers surge at year-end

    28 Jan 2015 : The Lands Department reported around 9,500 land transfers worth a total of eight billion baht were processed last quarter, as people moved to avoid paying higher taxes under the Land and Building Tax Act now under consideration and the Inheritance Tax Act that passed the first reading by the National Legislative Assembly.

  • Asian markets up after weak US data

    28 Jan 2015 : HONG KONG — Asian stock markets ended mostly higher Wednesday after reversing earlier losses, although dealers remained nervous following a heavy sell-off in New York sparked by poor earnings reports.

  • Thailand holds key rate at 2%

    28 Jan 2015 : Thailand kept its key interest rate unchanged for a seventh straight meeting, refraining from joining global central banks in easing monetary policy to spur economic growth amid dwindling inflation.

  • Asean ponders common time zone

    28 Jan 2015 : KOTA KINABALU — Foreign ministers of the Association of Southeast Asian Nations (Asean) have revisited a proposal for a common time zone for the group's 10 member countries, to better coordinate business links, Malaysian Foreign Minister Anifah Aman said here Wednesday.

  • SET up 8.23 to 1,598.04 at noon

    28 Jan 2015 : The Stock Exchange of Thailand's main index rose 0.52% or 8.23 points to close at 1,598.04 points on Tuesday.

  • Yuan now 5th payments currency

    28 Jan 2015 : BEIJING - China's yuan has become the world's fifth most widely used payments currency, with the value of cross-border deals settled in it more than doubling in 2014, data from transactions organisation SWIFT showed Wednesday.

  • Singapore surprises with rate cut

    28 Jan 2015 : SINGAPORE – The central bank here unexpectedly eased monetary policy, sending the Singapore dollar to its weakest since 2010 as the country joined global policy makers in shoring up growth amid dwindling inflation.

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