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BANKING TMB plans to build up assets SOMRUEDI BANCHONGDUANG TMB Bank aims to double its market share in terms of assets over the next few years, said chief executive Boontuck Wungcharoen. Under a three-year business plan, TMB aims to lift its deposit market share from 7% this year to 9% next year and then to 14%.

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Shares of National City Corp dropped more than half on Monday as investors wondered which regional bank might need a merger partner as the sector suffered what analysts called a deepening crisis of confidence.   The big Ohio bank slid $2, or 52 percent, at $1.70 on the New York Stock Exchange.

India’’s sensitive index sheds points on global financial crisis September 29th, 2008 - 9:33 pm ICT by ANI - Mumbai, Sept 29 (ANI): Bombay Stock Exchange (BSE) provisionally fell 3.87 per cent on Monday as a spreading global financial crisis kept investors nervous, with top private sector lender ICICI Bank leading the losses.

Short selling is simply betting the per share price of a corporation’s stock will decline.  More precisely, an investor agrees to borrow a certain quantity of stock that another investor (the lender) owns with the intent to return the stock at a later date.  The borrower will then purchase shares at a point in the future to return to the lender.

Short selling is simply betting the per share price of a corporation’s stock will decline.  More precisely, an investor agrees to borrow a certain quantity of stock that another investor (the lender) owns with the intent to return the stock at a later date.  The borrower will then purchase shares at a point in the future to return to the lender.

S&P Launches Focused Vietnam Equities Index IndexUniverse Staff Writes: The narrow-based index covers just the 10 largest and most liquid stocks trading in Vietnam. Standard & Poor's has launched the S&P Vietnam 10 Index, covering the largest and most liquid companies in Vietnam.

Uniting the world through art For the first time in Thailand, the Yuvabadhana Foundation, together with Silpakorn University and Chiang Mai University, is holding the 12th “A World United Through Art” children’s art exhibition. A World United through Art is an international art exchange programme that began with transnational friendship.

Indian equities turn volatile after positive opening September 22nd, 2008 - 12:26 pm ICT by IANS - Mumbai, Sep 22 (IANS) Indian equities opened on a positive note Monday, but trading became volatile immediately thereafter on fears over the global economy and the crisis in the US financial system.The

The corporate world has plenty of lists — the richest, the most admired, the most innovative — but few have been quite so avidly perused as Washington’s list of “banned shorts” published early on Friday.   Banks, fund managers, brokers, and other companies with finance arms of various kinds were on the list of 799 financial stocks on which short-selling was banned until October 2.