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Moody’s sees room for improvement in risk governance of large banks Focus on large banks in Europe, North America and Asia-Pacific

London, 24 July 2009 -- In a Special Comment published today, Moody's Investors Service highlights that there is significant room for improvement in the risk governance of many large banks.…

Govt’s stimulus to help economic recovery

BANGKOK, 24 July 2009 (NNT) – Prime Minister Abhisit Vejjajiva has insisted that the Government had been working hard and expressed confidence that the first and second phases of the…

Asian economies begin signalling recovery: ADB

BANGKOK, July 24 (TNA) – Economies of East Asian countries have already bottomed out and begun to signal a recovery from the recession, but the Thai economy is expected to…

US presses North Korea; Pyongyang rejects six-party talks

PHUKET, July 23 (TNA) – The United States and North Korea faced off in competing press conferences as the Phuket ASEAN meetings wound to a close, with warnings and recriminations…

Clinton asserts US values importance of ASEAN

PHUKET, July 23 (TNA) – US Secretary of State Hillary Clinton on Wednesday asserted that the United States has valued the importance of the Southeast Asian region and is ready…

Moody’s says Australian RMBS ratings safe from downgrades for now

Sydney, July 23, 2009 -- Moody's Investors Service says that rating downgrades for Australian prime and non-conforming RMBS are unlikely for now as collateral in both Prime and Non Conforming…

Influen A (H1N1) to infect many more people during next two months

BANGKOK, 23 July 2009 (NNT) – Many more people will be infected Influenza A (H1N1) in the next two months, while the virus may mutate by crossing strain, according to…

PM: Govt stabilizes economy during its 6 months of work

BANGKOK, 23 July 2009 (NNT) – The Prime Minister has expressed confidence that after 6 months in office, his administration has brought increased stability to the Kingdom and worked to…

Textiles industry booming as demand for face masks rockets

BANGKOK, 23 July 2009 (NNT) – The textiles industry has reported a boom due to concern over swine flu, driving up the demand for face masks to novel heights. Director…

Thailand confirms 44 A(H1N1) deaths

BANGKOK, July 22 (TNA) – Thailand’s Public Health Ministry on Wednesday confirmed the total deaths from the country’s Influenza A(H1N1) at 44, almost doubled the 24 deaths reported last week.…