Business News Bangkok

  • *Yunnan, Guangxi among 4 busiest property markets. XISHUANGBANNA, China, July 12- A bus came to a halt amid a tropical rainforest not far from China's border with Myanmar, dropping off about 30 investors on a property tour, some with children in tow. Their objective: to snap up a piece of China's hottest real estate.

  • LONDON, July 11- Oil prices hit a six-week high on Thursday as oil rigs in the Gulf of Mexico were evacuated ahead of a storm, while an incident with a British tanker in the Middle East highlighted tensions in the region. West Texas Intermediate crude futures were up 31 cents, at $60.74 a barrel, having earlier touched their highest since May 23 at $60.94.

  • LONDON, July 11- Oil prices hit a six-week high on Thursday as oil rigs in the Gulf of Mexico were evacuated ahead of a storm, while an incident with a British tanker in the Middle East highlighted tensions in the region. West Texas Intermediate crude futures were up 33 cents, at $60.76 a barrel, having earlier touched their highest since May 23 at $60.94.

  • *Incident with British tanker underscores Middle East tensions. TOKYO, July 11- Oil futures hit a six-week high on Thursday as oil rigs in the Gulf of Mexico were evacuated ahead of a storm, while an incident with a British tanker in the Middle East highlighted ongoing tensions in the region. Tensions have been high in the Middle East after attacks on tankers and the...

  • TOKYO, July 11- U.S. oil futures hit their highest in over a month on Thursday as a potential hurricane threatened crude output in the Gulf of Mexico and as an incident involving a British tanker in the Middle East highlighted ongoing tensions there. West Texas Intermediate crude futures were up 11 cents at $60.54 a barrel by 0055 GMT, after earlier touching the...

  • *Iran tensions put a floor under losses. TOKYO, July 9- Oil prices dipped on Tuesday on demand concerns following the latest signs the U.S.- China trade war is dragging on the global economy, although the potential for conflicts in the Middle East offered support. Brent crude futures were down 14 cents, or 0.2%, at $63.97 a barrel by 0524 GMT.

  • *Iran tensions put a floor under losses. TOKYO, July 9- Oil fell on Tuesday amid worries over the outlook for demand after the latest signs that international trade disputes have been dragging on the global economy, although the potential for conflicts in the Middle East offered support to prices. Brent crude futures were down 21 cents, or 0.3%, at $63.90 a barrel by...

  • TOKYO, July 8- Crude prices edged higher on Monday, supported by last week's better-than-expected U.S. jobs data and geopolitical risks, but worries that a slower global economy will curb appetite for oil kept a lid on prices. Brent crude futures were up 8 cents by 0647 GMT at $64.31. Prices were supported by "a better than expected, but traders remain incredibly...

  • TOKYO, July 8- Crude prices were little changed on Monday as traders weighed geopolitical risks against the impact of the Sino-U.S. trade war on the global economy, although last week's better-than-expected U.S. jobs data offered some supprt. Brent crude futures were down 3 cents by 0300 GMT at $64.20. "A very cautious open this morning supported by a better than...

  • VIENNA, June 26- Austrian fibres producer Lenzing plans to invest more than 1 billion euros in expanding production in coming years, and in a first step will build a 400 million euro facility in Thailand, it said on Wednesday. Lenzing halted a planned U.S. expansion in September, blaming rising tariffs between the United States and China, where much of the project's...

  • TOKYO, June 25- Oil fell on Tuesday amid concerns over the outlook for crude demand, but prices were supported after Washington announced new sanctions on Iran amid mounting tensions in the Middle East. Brent climbed 5% last week and U.S. crude surged 10% after Iran shot down a U.S. drone on Thursday in the Gulf, adding to tensions stoked by attacks on oil tankers in...

  • TOKYO, June 25- Oil prices were steady on Tuesday, supported by worries over conflict between Iran and the United States but pressured by concerns about a potential decline in demand for crude. Washington has blamed the tanker attacks on Iran, which denies having any role. President Donald Trump targeted Iranian Supreme Leader Ayatollah Ali Khamenei and other...

  • BANGKOK, June 23- Southeast Asian leaders agreed on Sunday to work together on regional economy and security to strengthen their position amid growing U.S.- China tensions, as they wrapped up their summit in Bangkok. Prayuth urged ASEAN nations to complete negotiations this year for the China-initiated Regional Comprehensive Economic Partnership pact...

  • TOKYO, June 20- Oil prices rose over 1 percent on Thursday as official data showed U.S. crude stocks fell more than expected and as OPEC and other producers finally agreed a date for a meeting to discuss output cuts. Members of the Organization of the Petroleum Exporting Countries agreed to meet on July 1, followed by a meeting with non- OPEC allies on July 2, after...

  • *U.S.- China trade dispute stokes economic worries. *Interactive graphic on Saudi, U.S., Russia oil output: https://tmsnrt.rs/2QYZ6Ed. TOKYO, June 18- Oil prices eased for a second day on Tuesday on signs that global economic growth is being hit by the U.S.- China trade war, although losses were limited by tensions in the Middle East after last week's tanker attacks.

  • TOKYO, June 18- Oil prices steadied on Tuesday, caught between rising tensions in the Middle East and signs that economic growth is being hit by trade tensions between the United States and China. U.S. business sentiment has sagged as tensions over trade have escalated between China and the United States and on signs of softness in the labour market.

  • TOKYO, June 5- Oil prices resumed their slide on Wednesday, dragged down by a surpise gain in U.S. inventories and comments from the head of Russian state oil producer Rosneft questioning the point of a deal with OPEC to withhold supplies. Brent futures were down 27 cents, or 0.4%, at $61.70 a barrel by 0152 GMT. West Texas Intermediate crude was down by 32 cents, or 0.6%,...

  • *A former army chief, Prem became Thailand's 16th PM. BANGKOK, May 26- Former Thai prime minister and influential royal adviser General Prem Tinsulanonda, a towering figure over decades of turbulent politics and military interventions, died on Sunday at age 98 of heart failure, the royal palace said. Having served as army chief, he was seen by political analysts as...

  • Ankiti Bose, co-founder and CEO of Zilingo

    Zilingo founder Ankiti Bose says working as an investment analyst helped her build her near-$1 billion fashion start-up.

  • Ankiti Bose, co-founder and CEO of Southeast Asian fashion platform Zilingo.

    At 27, Ankiti Bose is already the CEO of online shopping site Zilingo, and on course to become the first Indian woman to co-found a $1 billion start-up.