Thailand Financial News

INSIGHT PUBLISHER… PHILADELPHIA and LONDON: Thomson Scientific, part of The Thomson Corporation and leading provider of information solutions to the worldwide research and business communities, has announced the availability of InSight Publisher 3.6.
(more…)

HP announced that an increasing number of Asia Pacific Stock Exchange customers have adopted HP Integrity and NonStop servers and solutions. In a business environment where milliseconds matter, leading stock exchanges in the region are using HP Integrity and NonStop servers to grow their businesses by ensuring that trading transactions occur with the speed and accuracy their customers expect.
(more…)

HP announced strong revenue growth in its Integrity Server Business in Asia Pacific and Japan in FYQ4, 2007. During this period, HP Integrity servers achieved year-on-year revenue growth of 46 percent across the region1. The servers support more than 13,500 Independent Software Vendor (ISV) applications globally, with an average of four new applications added daily.
(more…)

Singapore and Hong Kong, January 18, 2008 – According to IDC’s Asia/Pacific (Excluding Japan) Telecommunications 2008 Top 10 Predictions, Doc # AP201216P, 2008 will be a year where telco providers continue to experiment with various business models in order to find an optimal balance between market protection and strategic growth.

“The preference of the new media sector and corporate users for on-premises solutions have been disruptive to the APEJ telecom industry in the past few years.
(more…)

Seamico Securities Public Company Limited, Thailand’s Independent Broker, recently announced its performance for the year ended 31st December 2007 that TFEX market rapidly and continuously grew by 228% while the Internet clients rose up to 38% within 2 years.
(more…)

Awards from The Asset, IFR Asia, and FinanceAsia cement the bank’s position as a bond powerhouse

Standard Chartered Bank has ended 2007 on a high note by bagging best bond house titles from three well-respected finance titles, fortifying its strengths and capabilities as a bond powerhouse in the key markets of Asia, Africa and the Middle East.

– www.theasianbanker.com (January 29 2008)–
(more…)

HSBC, one of the world’s largest banking and financial services organisations, will offer two mortgage products as part of its new HSBC Premier service that will be launched in Japan on 31 January 2008. HSBC Smart Mortgage and HSBC Smart Investment Mortgage, available to all HSBC Premier customers, come with no maximum lending limit1.

Both mortgage products will offer customers the ability to link their mortgage interest payments to the balance of their HSBC Premier savings account in the form of a deposit-linked loan, what is known as a balance-offset mortgage.
(more…)

In response to market rumors, CME Group, Inc. (CME) and NYMEX Holdings, Inc. has confirmed that they are engaged in preliminary discussions regarding CME Group’s potential acquisition of NYMEX. The parties have agreed to a 30 day exclusive negotiating period.
(more…)

Moody’s Investors Service affirmed the ratings but placed a negative outlook on Marshall & Ilsley LLC (M&I) and the lead subsidiary, M&I Marshall & Ilsley Bank. The holding company’s long-term senior debt is rated A1 and the bank is rated B for financial strength and Aa3 for deposits.

The negative outlook reflects M&I’s large commercial real estate (CRE) exposures, a risk that Moody’s has long cited as a credit weakness for the company.
(more…)

China Banking Corporation (China Bank) has selected Reuters Kondor+, a global straight through processing (STP,) front to back Treasury system, to help the Bank manage its financial exposures and trading business. The agreement was formalized at a signing ceremony last January 17 at China Bank’s head office penthouse in Makati City.

Under the agreement, China Bank will be using the Kondor+ Suite to power the Bank’s Treasury operations.
(more…)