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Advanced search
Showing 1-10 of 1,153 results
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Global and Thai economies face rising risk
Business, Published on 27/04/2024
» Three recent events have changed the world economic picture and monetary policy outlook.
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Indonesia hikes rate to arrest rupiah slide
Published on 24/04/2024
» The Indonesian central bank on Wednesday raised its benchmark interest rate to a record high, in what is seen as a one-and-done move to support the rupiah that has hit pandemic-era lows.
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Stocks sink, oil surges on reports of Middle East attacks
Published on 19/04/2024
» OKYO: Asian shares and bond yields sank on Friday while the dollar, yen, oil and gold surged after reports of a sharp escalation in Middle East hostilities.
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Emerging market currencies drop to 2024 low
Published on 16/04/2024
» Emerging-market currencies fell to a new low for the year as the dollar extended gains into a fifth day amid heightened geopolitical tensions, and after robust US data boosted bets the Federal Reserve will delay interest-rate cuts.
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Thailand gains access to XTransfer platform
Business, Suchit Leesa-nguansuk, Published on 28/03/2024
» XTransfer, a Chinese fintech unicorn, has expanded its business-to-business (B2B) cross-border trade payment platform to Thailand to capitalise on global trade conducted by small and medium-sized enterprises (SMEs).
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It'll take more than patriotism to save the ringgit
News, Daniel Moss, Published on 28/03/2024
» Malaysia wants to be great again, at least in foreign exchange. The nation's currency recently approached a level seen as near-catastrophic during the Asian financial crisis of the late 1990s. Authorities insist the ringgit is way too cheap and blame forces outside the country, chiefly high interest rates in the US. The remedies are modest, compared with the shock therapy meted out a couple of decades ago.
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Ascend Money targets Nasdaq listing
Business, Suchit Leesa-nguansuk, Published on 22/03/2024
» Ascend Money, a financial technology firm backed by Charoen Pokphand (CP) Group, aims to list on the Nasdaq stock exchange within two years, Suphachai Chearavanont, the company's founder and chairman, told the Bangkok Post.
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K-Research expects more baht depreciation
Business, Nareerat Wiriyapong, Published on 20/03/2024
» The baht is expected to slide further after falling below 36 to the US dollar yesterday as the Bank of Japan opted to hike the interest rate for the first time in 17 years, which failed to help Asian currencies.
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More baht depreciation
Business, Nareerat Wiriyapong, Published on 20/03/2024
» The baht is expected to slide further after falling below 36 to the US dollar on Tuesday as the Bank of Japan opted to hike the interest rate for the first time in 17 years, which failed to help Asian currencies.
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Scrutinising the need for overseas bonds
Business, Wichit Chantanusornsiri, Published on 29/02/2024
» Several heads turned when the government said last week it is considering a plan to raise US$1 billion (about 36 billion baht) worth of foreign currency-denominated bonds, with some observers expressing doubts about worthiness and the risk of currency devaluation.
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