Thailand News 24 - Business

Student loan debt still crippling burden for millions of Americans
Michael Bloomberg's record $1.8 billion donation for financial aid to Johns Hopkins University highlights the problem of student debt in America, which can still be a burden even years after graduation.

Tech sell-off hits US stocks; Renault tumbles on CEO scandal
Worries about the US-China trade conflict and slowing technology sector growth battered Wall Street on Monday, while French auto giant Renault plunged on a burgeoning scandal surrounding Chief Executive Carlos Ghosn.

FETCO floats New fundsÂ
FETCO has proposed to set up replacement funds for LTFs whose tax privileges will end next year. Based on its proposal, personal income tax deduction will be set at a maximum of 20 per cent of investment, but not exceeding Bt100,000 and not more than the tax amount to be paid. Fund holders must hold on to the units for a minimum of 10 years.

Pressure on SET index may ease this weekÂ
The SET Index plummeted last week, due mainly to declines in the Dow Jones Industrial Average, drop in crude prices, global uncertainties over the trade war and panic selling in Thai property stocks.

Uptrend seen for Thai-US farm ties
Senior official says resumption of free-trade talks depends on USTR

Ambitious AIS aims to be the leading data-driven organisation
Advanced Info Service (AIS) has succeeded in spreading the use of data analytics among its staff, creating a data-savvy culture in the group with the ultimate goal of transforming the telecom operator to a âbest-in-class data-driven organisationâ.

New space industry emerges: on-orbit servicing
Imagine an airport where thousands of planes, empty of fuel, are left abandoned on the tarmac. That is what has been happening for decades with satellites that circle the Earth.

Sumatran elephant found dead with missing tusks in Indonesia
A Sumatran elephant has been found dead with its tusks removed in an apparent poaching case targeting the critically endangered animal, an Indonesian conservation official said Friday.

Protectionism 'doomed to failure': China's Xi
Protectionist actions are short-sighted and doomed to fail, Chinese President Xi Jinping said Saturday ahead of an APEC summit at which US-China trade tensions are likely to take centre stage.

Pharma giant Pfizer to raise some drug prices
Pfizer said Friday it would raise US prices on 41 drugs in January, reversing a price freeze implemented over the summer in the face of criticism by President Donald Trump.

Trump opens door to trade deal with China soon
President Donald Trump said Friday that China was ready to make a deal to defuse trade tensions, so he might not have to punish the country with more import tariffs.

The race for the river
Iconsiam is the newest pinnacle of progress on the Chao Phraya, but more is on the way, and some observers are nervous

Tencent expands PAYMENT horizons
WITH APPâS SUCCESS, CHINESE GIANT LOOKS INTO TAKING WECHAT PAT TO THAILAND

How data, machine learning can power energy sector
Data collection and machine learning (ML) are playing a major role in the digital transformation of the energy sector as the advanced technologies can help to maintain operational excellence, says an executive at AspenTech, a supplier of leading software for optimising asset performance.

APEC summit host urges respect for trade rules
The leader of Papua New Guinea, host of this year's APEC summit, Friday urged respect for international trade rules by "countries large and small" as spats between the US and China threatened to overshadow the gathering.

Wall Street rallies but Brexit roils pound, European markets
Wall Street stanched the bleeding on Thursday, surging out of the red as oil prices stabilized and Apple recovered some losses.

Thailand offers its support to free trade
China's efforts to deepen reform, promote cooperation among free trade zones and open up to foreign investment will make a major contribution to global cooperation, Thailand's Deputy Prime Minister Somkid Jatusripitak said.

Fed's Powell says must balance raising rates too much vs not enough
The US central bank is aiming to prolong the economic expansion but must balance the risk of raising interest rates too much or not enough, Federal Reserve Chairman Jerome Powell said Wednesday.

Victoria's Secret CEO resigns amid flagging sales and model controversy
The CEO of American clothing and lingerie brand Victoria's Secret has resigned amid flagging sales and controversy around a lack of diversity at the line's iconic annual fashion show, a source said Wednesday.

Global stocks battered as markets face more uncertainty
Another day of bad news buffeted global equities on Wednesday, sending major indices lower in Asia, Europe and New York.

THAILAND NEWS 24 - Business

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