Thailand eyes 10 trillion baht gas field frozen by Cambodia dispute

Thailand eyes 10 trillion baht gas field frozen by Cambodia dispute

THAILAND’S new government will restart negotiations with Cambodia to explore an offshore oil and gas field with at least US$300 billion worth of reserves that the two countries have been squabbling over since the 1970s. Prime Minister Paetongtarn Shinawatra, who took office in September, said the joint exploration is among her administration’s top 10 urgent…

Read More

China sets terms for merger to create US$226 billion brokerage

China sets terms for merger to create US6 billion brokerage

GUOTAI Junan Securities and Haitong Securities unveiled the terms of their proposed merger to create a state-backed brokerage with US$226 billion in assets to compete with Wall Street firms expanding in the country. Under the share swap deal, Guotai Junan will issue A shares and H shares to all holders of its smaller rival Haitong…

Read More

Developing-world stocks suffer biggest two-day loss since August

Developing-world stocks suffer biggest two-day loss since August

EMERGING-MARKET (EM) stocks fell for a second day as concerns mounted over China’s response to the weakness in the world’s number two economy. The MSCI gauge for developing-nation equities ended the session 0.7 per cent lower in New York, registering its biggest two-day decline since early August. The Brazilian real paced losses among its peers…

Read More

Anne Hathaway Apologizes to Reporter for Awkward 2012 Interview – E! Online

Anne Hathaway Apologizes to Reporter for Awkward 2012 Interview – E! Online

Anne Hathaway is making things right. An uncomfortable 2012 interview between the Princess Diaries star and Norwegian entertainment journalist Kjersti Flaa resurfaced online, garnering attention for the Oscar winner’s seemingly dismissive answers. However, after the decade-old chat went viral, the journalist revealed she was contacted by Anne’s publicist, who forwarded a message from the actress. “I…

Read More