Thailand's top court on Friday seized $1.4 billion (919 million pound) of former premier Thaksin Shinawatra's family assets for abuse of his power, far less than expected, in a ruling that could appease some anti-government forces.
The Supreme Court in Thailand has ruled that more than half of the former Thai Prime Minister Thaksin Shinawatra's frozen assets of $2.3 billion could be taken away from him by the government.
Dai-ichi Mutual Life Insurance, Japan's second-largest life insurer, said on Monday it would sell about 1.07 trillion yen ($11.7 billion) worth of shares in the country's biggest initial public offering in more than a decade.
At 1.93 meters (6 ft 3 in) in height, Thailand's finance minister often stands above the crowd. That's even more the case after winning Global Finance Minister of the Year honors from The Financial Times' Banker magazine.
Iraq is the country most at risk from terrorist attacks for the second straight year, according to a ranking by global analysts Maplecroft, while Thailand has joined the nine countries most in danger for the first time.
Total Access Communication (TAC), Thailand's second-largest mobile phone firm, is preparing to sell Apple Inc's iPhone in the Thai market, an industry source said on Friday.
PepsiCo Inc posted higher-than-expected quarterly sales on Thursday, helped by strong demand in international markets such as India, while soft drink volumes fell in the Americas.
I didn’t have a passport until I was 25. I always tell people it doesn’t matter when you start traveling, or what your background is like. The world is out there for everyone to enjoy: You just need to stop making excuses and start planning your journey.
Most world travelers love a good bargain. For some, this means getting the cheapest option for lodging, food, and entertainment in Europe.
A shipment of weapons from North Korea seized by Thai authorities last month were headed for Iran, according to a confidential report the Thai government sent to a U.N. Security Council committee.
Japanese carmaker Honda Motor Co. announced Friday a voluntary worldwide recall of 646,000 cars following reports of defective parts of their window switch.
ING Group NV completed the sale of its Asian private banking unit to Singapore's OCBC, the biggest deal in the private banking sector since the financial crisis.
General Motors Corp announced plans on Friday to spend 15 billion baht ($455 million) in Thailand over the next two years, reviving plans for a new diesel-engine plant and retooling existing production lines.
More than 2,000 ethnic Karen people have fled their villages in eastern Myanmar after deadly attacks by government troops in the past week, a humanitarian group said Saturday.
Nearly 50 ready-to-wear and couture designers from 40 countries displayed sleek garments in the Thursday night show that ushered in the International Year of Biodiversity in the middle of the autumn/winter catwalk season under way in Milan, Paris, London and New York.
Giant oil company Chevron Corp plans to restructure its refinery operations, cutting some jobs and exiting some markets, a company spokesman said on Tuesday.
Toyota Motor Corp plans to increase global production of gas-electric hybrid cars to 1 million units in 2011, twice the volume of last year, as it tries to keep its leading position in the growing low-emission car market, the Nikkei business reported on Monday.
Mazda Motor Corp and Ford Motor Co will dissolve their joint venture in China by 2012, a move that would further weaken the tie between the two automakers, Japan's Nikkei business daily reported on Sunday.
Thailand's Deputy Public Health Minister resigned on Sunday after being implicated in a corruption scandal over a $2.57 billion (1.6 billion pound) healthcare scheme.
Would-be arsonists in mostly Muslim Malaysia struck at a convent school and a sixth church on Sunday while church and government leaders called for calm in a row over Christians' use of the word Allah to refer to God.
The rubbish dump outside the Thai town of Mae Sot steams with rancid rotting fish and other debris, a squalid haven for hundreds of refugees from Myanmar that aid groups say could swell in size this year.
Britain's biggest insurer Prudential (PRU.L) is buying the life insurance unit of Singapore's third-biggest lender UOB (UOBH.SI) for S$428 million ($307 million) to beef up its presence in fast-growing Asia.
