Bloomberg Thailand’s cabinet approved a one-month extension of the state of emergency through September 30 to control the Covid-19 outbreak as the nation seeks to prolong its streak of going three months without a local transmission. The cabinet’s move was in line with the proposal from a panel that handles the nation’s Covid-19 outbreak, according to government spokesman Anucha Burapachaisri. ...

Bloomberg China’s mega banks are ramping up their recruitment of fresh graduates as a record number enter the labour market, joining other state-owned firms in boosting employment even as lenders deal with plunging earnings and ballooning bad debt. The four biggest state banks, led by Industrial & Commercial Bank of China Ltd., (ICBC) this month kicked off their autumn campus ...

Bloomberg JPMorgan Chase & Co. needs to pay at least 7 billion yuan ($1 billion) if it proceeds to buy out its counterpart in its Chinese mutual fund business, a pricey premium for the US bank that has ambitions to expand in China’s finance sector. JPMorgan’s business partner Shanghai International Trust Co. said it agreed to sell its 49% stake ...