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Will Kakao Bank secure footing in untapped Thai market?
Will Kakao Bank secure footing in untapped Thai market?
WEDNESDAY, MARCH 20, 2024
Thailand has been an untapped market for South Korean financial firms since their exodus in the late 1990s. Kakao Bank, the nation’s top online-only bank, now aims to expand into Thailand's growing digital banking sector.Evergrande downfall unlikely to result in global financial crisis, says analyst
Evergrande downfall unlikely to result in global financial crisis, says analyst
FRIDAY, SEPTEMBER 29, 2023
Even as embattled property developer Evergrande faces an unprecedented liquidity crisis, China’s current real estate woes are unlikely to result in a widespread global financial crisis like the one seen in 2008, one analyst told Reuters on FridayCredit Suisse’s trouble could trigger new global financial crisis, Thai experts warn
Credit Suisse’s trouble could trigger new global financial crisis, Thai experts warn
THURSDAY, MARCH 16, 2023
Thai experts have warned financial institutions to brace for a possible global turmoil following a crisis of confidence involving troubled Swiss banking giant Credit Suisse.Signature Bank shut down by New York regulators
Signature Bank shut down by New York regulators
MONDAY, MARCH 13, 2023
New York state's Department of Financial Services said on Sunday it has taken possession of New York-based Signature Bank and appointed the US Federal Deposit Insurance Corp as receiver, the second bank failure in a matter of days.Sri Lankas president asks China for help amid its worst financial crisis
Sri Lankas president asks China for help amid its worst financial crisis
MONDAY, JANUARY 10, 2022
BANGALORE - Chinese Foreign Minister Wang Yi on Sunday (Jan 9) met Sri Lanka’s President Gotabaya Rajapaksa and his brother, Prime Minister Mahinda Rajapaksa, reaffirming bilateral ties before discussing tourism, investments and the fight against Covid-19.Some 5 million Gen Y, Z employees staring at possible job losses
Some 5 million Gen Y, Z employees staring at possible job losses
SUNDAY, JULY 05, 2020
Approximately 5 million Generation Y and Z employees face economic uncertainty as they risk being laid off because they do not have enough working experience, and their salaries were between Bt10,000 and Bt20,000, the University of the Thai Chamber of Commerce pointed out.Universities face looming financial crisis
Universities face looming financial crisis
FRIDAY, APRIL 24, 2020
Johns Hopkins University disclosed this week that it will suspend contributions to employee retirement accounts, cut salaries of top leaders and prepare for furloughs and layoffs as it confronts a massive budget shortfall touched off by the coronavirus pandemic.
Fed cuts interest rate half a percentage point, largest emergency cut since the financial crisis
Fed cuts interest rate half a percentage point, largest emergency cut since the financial crisis
WEDNESDAY, MARCH 04, 2020
WASHINGTON — The Federal Reserve on Tuesday took the emergency step of cutting the benchmark U.S. interest rate by half a percentage point, an attempt to limit the economic and financial fallout from the coronavirus.UN faces ‘severe financial crisis’
UN faces ‘severe financial crisis’
THURSDAY, OCTOBER 10, 2019
US President Donald Trump on Wednesday dismissed concerns that the United Nations is on the verge of going broke because members have not paid their dues, with the United States leading the pack.
Why the next financial crisis could be much worse
Why the next financial crisis could be much worse
SUNDAY, SEPTEMBER 16, 2018
Saturday was the 10th anniversary of the Lehman Brothers collapse that led to the 2008 global financial crisis whose impact is still being felt today.Loading...
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