Showing 1 - 10 of 29
Return of LTFs a boon for bourse
Business, Wichit Chantanusornsiri, Published on 22/05/2024
» Finance Minister Pichai Chunhavajira says reintroducing long-term equity funds (LTFs) will help lift the Stock Exchange of Thailand's (SET) market capitalisation.
Eastspring bullish on growth prospects for foreign stocks
Business, Nuntawun Polkuamdee, Published on 22/05/2024
» Eastspring Asset Management (Thailand) sees high potential for foreign stocks to grow, launching funds to invest specifically in the US and China, expecting a recovery for the latter is on the horizon.
SET makes another attempt to clear 1,400 hurdle
Published on 18/05/2024
» Thai shares continued to move sideways up, with the SET index struggling to clear 1,380 points (the next hurdle will be 1,400) throughout the past week, causing the market to stay rangebound.
Asian shares on course for third week of gains
Business, Published on 11/05/2024
» RECAP: Asian stocks rose on Friday, on course for a third week of gains, while the dollar was steady as fresh signs of an easing US labour market stoked optimism about interest rate cuts before the year is out.
Gulf Binance aims for crypto supremacy
Nareerat Wiriyapong, Published on 11/05/2024
» In a landscape where digital assets are gaining traction, Gulf Binance has emerged as a new player among the 17 licensed exchange and broker operators in Thailand.
Microsoft cloud investment just the start
Business, Post Reporters, Published on 10/05/2024
» Microsoft has announced plans to build an AI cloud region and data centre infrastructure in Thailand to capitalise on growing demand for cloud services. The investment has the potential to attract more foreign data centre investors across the value chain to accelerate Thailand's strategic ambitions in the technology sphere, according to research by BMI, a Fitch Solutions company.
Bitcoin’s longest losing streak of 2024 casts cloud over crypto
Bloomberg News, Published on 09/05/2024
» MUMBAI - Bitcoin is grinding lower as part of a US$500 billion slide in digital assets, stoking questions about whether the crypto rebound has peaked.
Rejig of incentives sought to encourage investment
Business, Nuntawun Polkuamdee, Published on 09/05/2024
» The Federation of Thai Capital Market Organizations (Fetco) is preparing to propose to the Finance Ministry reviving long-term equity funds (LTFs) and adjusting the investment conditions for Thailand ESG funds to attract more investment into the local bourse.
1,370 seen as a critical point for the SET
Published on 04/05/2024
» The Stock Exchange of Thailand experienced significant volatility in April. In the second week, the SET index broke above the key resistance zone between 1,400 and 1,405 after testing it for three months, reaching a monthly high of 1,411.
Asian shares powered by tech rally, yen revives
Business, Published on 04/05/2024
» RECAP: Hong Kong led gains across most Asian and European markets on Friday thanks to a surge in tech giants, while the yen extended gains against the dollar on revived hopes for US interest rate cuts.