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Asia Top News and Analysis Thailand

  • There was the Porsche, and then the Mini Cooper for his girlfriend. But according to the U.S. Justice Department, he was the mastermind of AlphaBay, an internet marketplace that traded in illegal drugs, firearms and counterfeit goods. On Thursday, U.S. Justice Department officials gave details of the global police operation that brought down Cazes, who...

  • HOUSTON— In an innovative blow to illicit internet commerce, cyberpolice shut down the world's leading "darknet" marketplace— then quietly seized a second bazaar to amass intelligence on illicit drug merchants and buyers. AlphaBay, formerly the internet's largest darknet site, had already gone offline July 5 with the arrest in Thailand of its alleged creator...

  • NEW YORK— Sabbaticals, massages, or a home maid service? The hundred staffers at marketing firm Velvet Media can periodically spend a month working at any of its offices— Denver, Tokyo, Bangkok or Venice, Italy— with the company paying their expenses, co-CEO Daniele Gatti says. "We extend work into employees' lives," says Neil Vaswani, CEO of Corestream, a benefits...

  • BANGKOK— Thailand's new king, who succeeded his late father last year, has tightened control over what is reputed to be the world's richest royal fortune, estimated to be worth more than $30 billion. A law that became effective Monday places the Crown Property Bureau, essentially a holding company for the royal palace's assets, under King Maha Vajiralongkorn...

  • Credit Suisse

    Credit Suisse turns more optimistic on Southeast Asian banks as the region's domestic demand will drive growth even as exports soften for the rest of 2017.

  • BANGKOK— Thailand's military government on Tuesday approved the purchase of eight supersonic T-50TH trainer jets from South Korea at a cost of 8.8 billion baht. Prime Minister Prayuth Chan- ocha said after the Cabinet approved the purchase that it is the second stage of a 16- plane acquisition that was planned in 2015, when a deal for the first four was made.

  • Apichart Chutrakul, CEO of Sansiri, talks about the state of the Thai property markets and says it's up to banks to pull in the reins.

  • The Asian financial crisis happened 20 years ago, triggered by the Thai baht collapsing when the government floated the currency.

  • Asian countries have rebuilt their economies since the Asian Financial Crisis that was trigger on July 2, 1997 when Thailand devalued its currency.

    Twenty years after the Asian Financial Crisis, China is presenting fresh risks for the region, experts told CNBC on Monday.

  • JAKARTA, June 30- When 7- Eleven opened its first Indonesian outlets in 2009, it made a bet that hip cafe-like versions of its globally recognised convenience stores would pull in hordes of young, urban consumers. Eight years after the chain's first Jakarta store opened, PT Modern Internasional Tbk, the owner of the 7- Eleven master franchise in Indonesia, is...

  • JAKARTA, June 30- When 7- Eleven opened its first Indonesian outlets in 2009, it made a bet that hip cafe-like versions of its globally recognized convenience stores would pull in hordes of young, urban consumers. Eight years after the chain's first Jakarta store opened, PT Modern Internasional Tbk, the owner of the 7- Eleven master franchise in Indonesia, is...

  • An escalator past an electronic screen and ticker board at the Singapore Exchange.

    Singapore equities have outperformed many of their regional peers year-to-date, with yields of 3-3.5 percent, said Amundi Asset Management.

  • Alibaba said the new investment will increase its stake in Lazada from 51 percent to 83 percent.

  • MOLDOVA- National Bank of Moldova announces interest rate decision. SYDNEY- Reserve Bank of Australia holds monetary policy meeting- 0430 GMT. WEDNESDAY, JULY 5 BANGKOK- Bank of Thailand monetary policy committee meeting.

  • CANBERRA- Federal Reserve Bank of San Francisco President John Williams speaks on "The Global Growth Slump: Causes and Consequences" before the Economic Association of Australia Eminent Speaker Series 2017- 0730 GMT. MOLDOVA- National Bank of Moldova announces interest rate decision. TUESDAY, JULY 4 SYDNEY- Reserve Bank of Australia holds monetary policy...

  • SYDNEY, Australia- Federal Reserve Bank of San Francisco President John Williams speaks on "The Global Growth Slump: Causes and Consequences" before the Economic Association of Australia Eminent Speaker Series 2017- 0805 GMT. CANBERRA, Australia- Federal Reserve Bank of San Francisco President John Williams speaks on "The Global Growth Slump: Causes and...

  • MONDAY, JUNE 26 ULTIMO, NEW SOUTH WALES, Australia- Federal Reserve Bank of San Francisco President John Williams speaks on "Speed Limits and Stall Speeds: Fostering Sustainable Growth in the United States" before the University of Technology Sydney Seminar- 0510 GMT. SYDNEY, Australia- Federal Reserve Bank of San Francisco President John Williams speaks on "The...

  • ULTIMO, NEW SOUTH WALES, Australia- Federal Reserve Bank of San Francisco President John Williams speaks on "Speed Limits and Stall Speeds: Fostering Sustainable Growth in the United States" before the University of Technology Sydney Seminar- 0510 GMT. SYDNEY, Australia- Federal Reserve Bank of San Francisco President John Williams speaks on "The Global Growth...

  • MONDAY, JUNE 19 CANBERRA- Reserve Bank of Australia Governor Philip Lowe takes part in panel discussion at the 2017 Crawford Australian Leadership Forum in Canberra. SYDNEY- Reserve Bank of Australia to release minutes of June monetary policy meeting- 0130 GMT. BANGKOK- Prime Minister Prayuth Chan- ocha, Deputy Prime Minister Somkid Jatusripitak and Finance...

  • MOSCOW Central Bank of Russia interest rate decision. MONDAY, JUNE 19 CANBERRA- Reserve Bank of Australia Governor Philip Lowe takes part in panel discussion at the 2017 Crawford Australian Leadership Forum in Canberra. SYDNEY- Reserve Bank of Australia to release minutes of June monetary policy meeting- 0130 GMT.