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Airlines, tour agents brace for Thai slowdown

  Bloomberg Asia’s airlines, tour agents and cruise operators are on alert for a tourism slowdown in Thailand following the death of King Bhumibol Adulyadej. The government called on the country to avoid “joyful events” for 30 days and to dress in mourning for a year. Travel companies across the region say they’re now trying to grasp the potential consequences ...

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Construction Bank in $743mn debt plan with Yunnan Tin

  Bloomberg China Construction Bank Corp., the nation’s second-largest lender, said it agreed to form an almost 5 billion yuan ($743 million) debt-to-equity pact with Yunnan Tin Group. The agreement is part of a larger 10-billion yuan framework the two companies signed to cut Yunnan Tin’s debt ratio, the Beijing-based lender said in a statement on its website on Sunday. ...

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Serbia keeps key rates unchanged for third month

  Bloomberg The Serbian central bank left borrowing costs unchanged for a third month, disregarding an unexpected inflation slowdown and watching out for the dinar’s reaction to the increasing prospects of an interest-rate increase in the U.S. The National Bank of Serbia left the benchmark one-week repurchase rate at 4 percent, according to a statement on its website. Twenty-one of ...

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