Business

SVB shockwaves rattle global banks in grip of contagion fears

  By Reuters – published by Yahoo!news and Matichon SILICON Valley Bank’s collapse pressured global bank stocks further today (Mar. 14) as investors fretted over the financial health of some lenders, in spite of assurances from US President Joe Biden and other policymakers. An indicator of credit risk in the eurozone banking system leapt to

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Business

Skytrain staff threaten to stop running trains if 50 billion baht debt not repaid

  EMPLOYEES of Bangkok Mass Transit System Plc (BTSC), operator of BTS skytrain, submitted a letter to Prime Minister Prayut Chan-o-cha at Government House this morning (Mar. 14) calling for repayment of debts mounted in the Green Line extension that have now almost reached 50 billion baht setting a seven-day deadline to do so if

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