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Rate panel backs Bank of Thailand on inflation as government eyes reset
Rate-setters say flexible target range will play crucial role in maintaining medium-term price stabilityTHAILAND’S central bank is right in persisting with an inflation target range of 1 to 3...
Subway eyes US$2.3 billion asset-backed debt sale
SUBWAY is tapping the asset backed securities market for the second time this year as the sandwich restaurant chain looks to borrow US$2.3 billion. The company, which has the...
Asia: Markets drift ahead of key US figures, eyes on China
ASIAN markets stuttered on Tuesday as investors steel themselves for a high-stakes US jobs report at the end of the week while keeping tabs on China after fresh data...
Elon Musk to celebrate Giorgia Meloni as Italy eyes space sector investment
WHEN Italian Prime Minister Giorgia Meloni visits New York later this month to receive a global citizenship award, Elon Musk will be the one to hand her the prize.The...
ByteDance eyes US$9.5 billion in record Asia dollar corporate loan
ByteDance, the Chinese owner of TikTok, is tapping banks for a US$9.5 billion loan that would be the biggest dollar-denominated corporate facility in Asia ex-Japan, according to people familiar...
Apple eyes bigger slice of India’s streaming market with Airtel deal
APPLE is tying up with India’s Airtel to offer the telecom firm’s premium customers its music and video streaming services for free, potentially giving the US firm access to...
Hong Kong Airlines eyes used Boeing 787s in long-haul reboot
Hong Kong Airlines is looking to add second-hand Boeing 787 Dreamliner jets in an effort to revive its long-haul ambitions after its previous ill-fated intercontinental push nearly sunk the...
Chinese EV maker BYD eyes state incentives for Mexico plant
CHINESE electric vehicle (EV) maker BYD has narrowed its list of finalists for the location of a manufacturing plant in Mexico down to three states and is reviewing a...