Showing 1-10 of 1,970 results
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TDX preps trading services for digital tokens
Business, Nuntawun Polkuamdee, Published on 21/05/2022
» Thai Digital Assets Exchange (TDX), a subsidiary of the Stock Exchange of Thailand (SET), is set to launch trading services for investment and utility tokens in the third quarter after receiving a licence from the Finance Ministry on March 25.
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BKI posts B3.58bn first quarter loss
Business, Nuntawun Polkuamdee, Published on 20/05/2022
» SET-listed Bangkok Insurance (BKI) reported a net loss of 3.58 billion baht for the first quarter, down 539% from a net profit of 816 million last year, after being hit by surging Covid claims.
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Covid-hit SMK goes to bankruptcy court
Business, Nuntawun Polkuamdee, Published on 19/05/2022
» SET-listed Syn Mun Kong Insurance (SMK) filed a rehabilitation petition with the Central Bankruptcy Court on Tuesday after facing heavy losses from Covid-19 claims.
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UST collapse hits digital asset market
Business, Nuntawun Polkuamdee, Published on 18/05/2022
» The global cryptocurrency market saw its value plummet amid heavy sell-offs, with the collapse of TerraUSD (UST), one of the biggest stablecoins, sending shockwaves throughout the digital asset market.
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Stocks across Asia nosedive
Business, Nuntawun Polkuamdee, Published on 13/05/2022
» The Thai bourse plunged yesterday, in line with global stock and cryptocurrency markets, as investors worried the Federal Reserve may implement more aggressive rate hikes to tackle runaway inflation.
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JTS shares rise despite crypto slump
Business, Nuntawun Polkuamdee, Published on 12/05/2022
» Shares of Jasmine Technology Solutions (JTS), a Bitcoin mining operator, rose on Wednesday despite the current downturn in the global cryptocurrency market after the company reported impressive first-quarter revenues.
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Bitcoin dips below $30,000 as investors skittish on Fed
Business, Nuntawun Polkuamdee, Published on 11/05/2022
» Bitcoin fell below US$30,000 on Tuesday, hitting a 10-month low amid heavy market sell-offs on concerns over the Federal Reserve's aggressive monetary tightening and recession fears.
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Rate hike concerns spook stock investors
Business, Nuntawun Polkuamdee, Published on 10/05/2022
» Thai stocks extended losses on Monday as investors worry strong US jobs reports and the prolonged Russia-Ukraine war will drive the Federal Reserve to move with more aggressive and quicker rate hikes to fight inflation.
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Bitkub hit with fines for breaking SEC coin listing rules
Business, Nuntawun Polkuamdee, Published on 07/05/2022
» The Securities and Exchange Commission's (SEC) Criminal Fining Committee has imposed fines on Bitkub Online (BO) and five members of its digital asset selection committee for non-compliance with the SEC's digital asset listing rules.
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Fetco hits out at plans for transaction tax on stock trades
Business, Nuntawun Polkuamdee, Published on 06/05/2022
» The Federation of Thai Capital Market Organizations (Fetco) has urged the Finance Ministry to abandon a proposal to collect a transaction tax from share trades, claiming the stock market still needs tax incentives to support long-term investment.
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