(RTTNews) - The Thai stock market has moved higher in two straight sessions, improving more than 25 points or 1.7 percent along the way. The Stock Exchange of Thailand now sits just above the 1,590-point plateau and it's got a positive lead again for Friday's trade.
(RTTNews) - The Thai stock market has moved higher in two straight sessions, improving more than 25 points or 1.7 percent along the way. The Stock Exchange of Thailand now sits just above the 1,590-point plateau and it's got a positive lead again for Friday's trade.
Asia-Pacific is expected to drive global retail sales over the next five years, even as the Middle East conflict is hurting consumer confidence, according to business analysts. The war could continue to weigh on consumer and business sentiment for now due to higher energy prices and supply chain disruption, Anand Ramanathan, Deloitte Asia-Pacific’s retail and consumer products sector leader, said ...
Asia-Pacific is expected to drive global retail sales over the next five years, even as the Middle East conflict is hurting consumer confidence, according to business analysts. The war could continue to weigh on consumer and business sentiment for now due to higher energy prices and supply chain disruption, Anand Ramanathan, Deloitte Asia-Pacific’s retail and consumer products sector leader, said in an interview. “As borrowing costs rise and financial conditions tighten, consumers and businesses...
# Cover Story # Cover Story: How AI Took Over China’s Micro-Drama Industry in 90 Days Video-generation tools turned a labor-intensive entertainment industry into a high-speed content machine, leaving actors, crews and production hubs on the outs # Finance # China Taps Industry Veteran Ding Xiangqun to Lead Top Financial Regulator Former Bank of China executive and provincial official becomes the f...
# Cover Story # Cover Story: How AI Took Over China’s Micro-Drama Industry in 90 Days Video-generation tools turned a labor-intensive entertainment industry into a high-speed content machine, leaving actors, crews and production hubs on the outs # Finance # China Taps Industry Veteran Ding Xiangqun to Lead Top Financial Regulator Former Bank of China executive and provincial official becomes the first woman to head China’s financial supervisory system as Beijing steps up efforts to contain financial risks
On May 11, 2026, MoonLake Immunotherapeutics (NASDAQ:MLTX) Chief Financial Officer Matthias Bodenstedt reported the sale of 13,653 common shares in an open-market transaction, according to the SEC Form 4 filing . Transaction value based on SEC Form 4 reported price ($20.02); post-transaction value based on May 11, 2026 market close ($18.84). * 1-year performance calculated using June 4, 2026 as th...
On May 11, 2026, MoonLake Immunotherapeutics (NASDAQ:MLTX) Chief Financial Officer Matthias Bodenstedt reported the sale of 13,653 common shares in an open-market transaction, according to the SEC Form 4 filing . Transaction value based on SEC Form 4 reported price ($20.02); post-transaction value based on May 11, 2026 market close ($18.84). * 1-year performance calculated using June 4, 2026 as the reference date. Continue reading
Belgian dredger Jan de Nul NV and local partner Servimagnus SA won a 25-year contract on Thursday from Argentina’s government to upgrade the nation’s chief trade route in a concession overshadowed by accusations of Chinese influence. Jan de Nul, which has dredged the Parana River shipping lane since the 1990s, beat a bid from fellow Belgian company DEME Group NV . The waterway runs from the River ...
Belgian dredger Jan de Nul NV and local partner Servimagnus SA won a 25-year contract on Thursday from Argentina’s government to upgrade the nation’s chief trade route in a concession overshadowed by accusations of Chinese influence. Jan de Nul, which has dredged the Parana River shipping lane since the 1990s, beat a bid from fellow Belgian company DEME Group NV . The waterway runs from the River Plate estuary at Buenos Aires to the crop-export hub of Rosario and beyond. Rosario was the world’s largest single supplier of oilseeds and grains last year. The tender became a flashpoint in broader US-China geopolitical tensions in Latin America as Argentine President Javier Milei has aligned with the Trump administration on other issues. What on paper looked like innocuous competition between two Belgian dredgers snowballed into a match-up between DEME’s American partners portraying Jan del Nul’s consortium as a group backed by China. Jan de Nul and Servimagnus repeatedly denied the DEME consortium’s allegations of Chinese influence, which were brought to the Trump administration to no avail. Fulfilling the contract, tendered by Milei’s administration as part of its push to modernize infrastructure through private investment, will require about $10 billion of spending to deepen and improve the river channel. At stake is a critical artery for Argentina’s economy. About 80% of the country’s oilseed and grain exports move along the Parana, and agriculture remains Argentina’s largest export sector, accounting for roughly 60% of foreign sales, even as oil has begun to play a bigger role. The contract has been years in the making. Jan de Nul’s previous concession expired in 2021, but Argentina’s government at the time failed to complete a replacement tender. The company remained in place under temporary extensions, a system that traders said contributed to inefficiencies and higher river tolls. Milei’s administration launched a new auction last year that included plans to expa...
Macquarie Group Ltd. chair and former governor of the Reserve Bank of Australia Glenn Stevens will become the next chair of the New South Wales Treasury Corporation, a finance and investment arm of the Australian state that manages around A$125 billion ($89 billion). Stevens will start in the position on Sept. 1, NSW Treasurer Daniel Mookhey said on Friday. He’ll take over from current chair Micha...
Macquarie Group Ltd. chair and former governor of the Reserve Bank of Australia Glenn Stevens will become the next chair of the New South Wales Treasury Corporation, a finance and investment arm of the Australian state that manages around A$125 billion ($89 billion). Stevens will start in the position on Sept. 1, NSW Treasurer Daniel Mookhey said on Friday. He’ll take over from current chair Michael Dwyer. TCorp is the financial services partner to the NSW public sector, providing investment management and advice to the government, including raising and managing money on behalf of the state. TCorp generated a A$140 million dividend for the state government in the most recent financial year. TCorp is set to receive permission to issue debt in currencies other than the Australian dollar, which Mookhey said would “drive more competition between our lenders,” and deepen “our lending market by bringing in more offshore investors.” This would ultimately result in lower borrowing costs, Mookhey said in the speech.
Shares of online community and discussion platform Reddit (NYSE:RDDT) jumped 10.1% in the morning session after investor sentiment improved following a bullish Wall Street note.
Shares of online community and discussion platform Reddit (NYSE:RDDT) jumped 10.1% in the morning session after investor sentiment improved following a bullish Wall Street note.