Showing 1 - 6 of 6
Political uncertainties drive stocks down to four-year low
Business, Nuntawun Polkuamdee, Published on 11/06/2024
» Thai stocks plunged to a four-year low on Monday as investors fretted over political uncertainties, with the market awaiting the Constitutional Court's decision on the status of Prime Minister Srettha Thavisin and his cabinet.
Thai stocks hit by stubbornly high rates
Business, Nuntawun Polkuamdee, Published on 07/06/2024
» The expectation that US interest rates will remain "high for longer" continues to pressure stock investments globally, with funds flowing out of emerging markets including Thailand, according to the Stock Exchange of Thailand (SET).
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.
Gold hits all-time high amid geopolitical strife
Business, Nuntawun Polkuamdee, Published on 21/05/2024
» Gold prices soared to an all-time high of US$2,450 an ounce on Monday, as a slowing inflation trend in the US increased optimism that the Federal Reserve will start easing monetary policy this year, while geopolitical tension in the Middle East is on the increase.
Follow the yellow brick road
Nuntawun Polkuamdee, Published on 13/05/2024
» Gold prices were stagnant in early May, settling just above the US$2,300 threshold during the first weekend of the month, after briefing touching the lowest level since early April.
SET bounces back as war fears ease
Business, Nuntawun Polkuamdee, Published on 23/04/2024
» The Thai stock market rebounded sharply on Monday, rising by about 1.3%, as other regional bourses also bounced back from sharp losses on Friday as investors believe a full-blown war in the Middle East is unlikely while the People's Bank of China (PBOC) opted to keep interest rates unchanged.