Showing 1-10 of 10 results
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Thailand pushes yuan, ringgit use to curb baht volatility
Bloomberg News, Published on 08/08/2023
» Thailand plans to promote the use of yuan and other Asian currencies in trade and investments to curb wild swings in the baht against the United States dollar, according to a central bank official.
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Year in Review
Asia focus, Published on 29/12/2014
» Asia rose to new heights in 2014 despite the many challenges that beset the region. Headline-making developments ranged from China dethroning the United States as the world's largest economy, subject to vigorous debate as that may be, to the tragic mystery of Malaysia Airlines Flight MH370.
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Prasarn: Let market forces drive baht
Business, Pathom Sangwongwanich, Published on 17/08/2015
» The Bank of Thailand would let market mechanisms determine the baht's value rather than weaken it despite pressure from the recent yuan devaluation.
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Set flirts with 1,600 as central banks stay busy
Business, Published on 01/12/2014
» Recap: China's surprise interest rate cut, the first in more than two years, and speculation about further stimulus by the European Central Bank (ECB) propelled the run-up in Asian stock markets last week. The buying spree in tax-saving equity funds as the year-end approaches buoyed the Thai bourse which briefly surpassed 1,600 points.
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Global shares sink in bad case of China syndrome
Business, Published on 11/01/2016
» Recap: The new year got off to a miserable start as China suspended share trading twice, the yuan slid to a five-year low, and weak manufacturing and services data in the world's second-largest economy rattled traders everywhere including Thailand.
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Investors heartened as fed ends rate suspense
Business, Published on 20/03/2017
» Recap: Investors were treading cautiously ahead of last week's US Federal Reserve meeting when the US central bank raised its benchmark interest rate as expected, but their appetite improved after Chair Janet Yellen's comments suggested a more gradual pace of monetary tightening this year. The Thai stock market joined the global rally as the wild swings in trade of Group Lease (GL) eased.
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Trump tantrums keep traders on edge, SET dips
Business, Nuntawun Polkuamdee, Published on 06/02/2017
» Recap: World stock markets retreated as investors shied away from riskier assets over renewed concerns about US President Donald Trump's controversial ban on refugees and travellers from seven Muslim-majority countries and protectionist rhetoric that fanned fears of a global trade war. Buying ahead of corporate earnings releases and hopes for dividend payments cushioned the Thai stock market against a steep fall.
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China currency war coming?
Jon Fernquest, Published on 04/03/2013
» Top Chinese central banker says China prepared for currency war but G20 meeting between major economies may save the day.
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ASEAN Takes Front and Centre Role
By prnews, Created on: 05/01/2015, Last updated on: 05/01/2015
» [b:1h7z27ga]ASEAN Takes Front and Centre Role at Asian Financial Forum 2015 in Hong Kong[/b:1h7z27ga] [b:1h7z27ga](6 January 2015)[/b:1h7z27ga] – Senior ASEAN leaders and ASEAN-related themes will figure prominently at the upcoming Asian Financial Forum (AFF) in Hong Kong, to be organised by the...
KTAM Launches 2 Fixed Income Funds Offering 6 Months 3%
By prnews, Created on: 24/04/2013, Last updated on: 24/04/2013
» KTAM Launches 2 Fixed Income Funds Offering 6 Months 3% Per Year [attachment=0:107k5zkh]KTAM.jpg[/attachment:107k5zkh] Mr. Somchai Boonnamsiri, Chief Executive Officer of Krung Thai Asset Management Pcl., reveals that the company is going to launch two funds this week. First,...
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