Business News

    • Dropbox seeks $500m in IPO

      Feb 24, 2018 | 07:07 am

      NEW YORK: Dropbox, one of the world's most widely used cloud storage services, has filed for an initial public offering, seeking to raise an estimated US$500 million.

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    • Chinese tycoon buys 10% of Daimler

      Feb 24, 2018 | 02:52 am

      The Chinese businessman who owns the Geely automotive group has acquired a US$9-billion stake in Daimler, the German maker of Mercedes-Benz cars and trucks.

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    • Gold prices unchanged at B19,850

      Feb 23, 2018 | 22:12 pm

      The Gold Traders Association this morning announced the buying prices at 19,389.64 baht per baht-weight for gold ornaments and 19,750 baht per baht-weight for gold bar.

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    • Dropbox files for public stock offering of $500m

      Feb 23, 2018 | 20:45 pm

      SAN FRANCISCO: Dropbox filed Friday for an initial public offering, seeking to raise an estimated $500 million for the Silicon Valley cloud storage startup.

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    • Doctor in the house of finance

      Feb 23, 2018 | 20:00 pm

      Six years ago, Rathian Srimongkol made a daring promise to the selection committee during his interview for the top job at Krungthai Card Plc (KTC): to bring the flailing company to a profit of 1 billion baht. The physician-turned-financier not only successfully delivered on that vow a couple of years after taking over, but he's also steered the firm towards record profits through innovative...

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    • Rate concerns lead to choppy trade, SET edges up

      Feb 23, 2018 | 16:00 pm

      Recap: Concerns about inflation and interest rates continued to drive fluctuations in global stock markets this week, but sentiment recovered after the St Louis branch of the Federal Reserve cautioned against raising interest rates too quickly this year.

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