Sony and Panasonic shares plunged to their lowest levels in more than three decades on Friday as investors fretted about the future prospects for two of Japan’s most iconic firms amid massive losses.
Sony, which reported a record $5.7 billion annual loss Thursday, dived 5.11 percent to 1,151 yen by noon, while Panasonic was off 1.55 [...]
US banking giant JPMorgan Chase on Thursday revealed that it would incur losses that could run into the billions as a result of bad bets on derivatives.
In a unscheduled conference call, chief executive Jamie Dimon reported the trades cost the company around $2 billion in recent weeks, half of which was clawed back.
It “could cost [...]
The UN Security Council condemned the deadliest bomb attacks of Syria’s 14-month uprising, urging all sides to stick to an international peace plan after at least 55 people were killed.
The Syrian government and opposition traded the blame for Thursday’s twin suicide bomb attacks in Damascus, which also left nearly 400 people wounded in horrific scenes [...]
Model specifically produced for Thai school project; 2,000 units to be delivered next week
After a delay of nearly two months, the Information and Communications Technology Ministry yesterday inked a tablet-computer supply contract with the Chinese manufacturer, with the first 2,000 devices due to arrive next week and the rest to be delivered within 60 days.
“The [...]
Cheaper dishes, rent subsidies on the menu
The Commerce Ministry is set to impose price control measures on cooked meals to curb their soaring prices.
Speaking after yesterday’s meeting of a central committee on the prices of goods and services, Commerce Minister Boonsong Teriyapirom said the committee had resolved to add cooked food to its price control [...]
The government should allocate more funds to poorer provinces to ensure that residents can access public services including health, education and other infrastructure at a level that is comparable to that enjoyed by their counterparts in Bangkok, the World Bank said.
While Thailand’s sustained economic growth has resulted in a remarkable reduction in poverty, economic growth [...]
The death of lese majeste detainee Amphon “Akong” Tangnoppakul, also known as “Uncle SMS”, inside Bangkok Remand Prison Hospital on Monday has re-ignited hopes of amending the draconian lese majeste law.
Some 300 people attended the controversial placing of his body in front of the Bangkok Criminal Court on Wednesday and vented their anger against the [...]
No UDD rally suspectslikely to stand trial
The Department of Special Investigation has decided not to pursue lese majeste charges against red shirt co-leader and Pheu Thai list MP Jatuporn Prompan and other core members of the red shirt movement.
Nineteen red shirt leaders had been accused of offending the monarchy in violation of Section 112 [...]
Thailand’s legal advisers in a boundary dispute with Cambodia have advised the Kingdom to “act as a good child” to convince the International Court of Justice (ICJ) that the country is cooperative, a senior government figure said yesterday.
Deputy Prime Minister General Yuthasak Sasiprapha said the three unnamed foreign legal experts, who are visiting Thailand at [...]
Holiday Inn Pattaya’s Race Around the World annual activity in celebration of our partnership with the London 2012 Olympic and Paralympic Games with all IHG hotels all over the world. IHG pledges $1 for every mile that we run/walk/swim/bike to the IHG Shelter in a Storm fund to help colleagues in times of disaster. Holiday [...]
