Showing 1 - 10 of 1,456
Asian markets jump as US inflation cools
Business, Published on 15/07/2023
» RECAP: Asian stocks rose for a fifth straight day on Friday, on course for their best week this year, as cooling US inflation stoked speculation that the Federal Reserve could pause interest-rate increases after this month.
Baht posts biggest gain in a week
Published on 11/07/2023
» The baht and the South Korean won led gains among Asian currencies in an overall positive session on Tuesday as the dollar lost ground after US Federal Reserve officials signalled their rate-tightening cycle was nearing its end.
Asian shares fall as rate-hike bets increase
Business, Published on 08/07/2023
» RECAP: Asian stocks slid yesterday to cap a busy first week of the quarter for financial markets, with the dollar standing tall and bonds tumbling as resilient US jobs data has investors bracing for interest rates to head higher still.
Chinese students a bonanza for listed international school
Published on 06/07/2023
» The growing number of wealthy Chinese leaving their homeland has been a boon for Thailand’s only SET-listed school operator and turned its chief executive officer into a multimillionaire.
Shares rise on hopes for stimulus in China
Business, Published on 01/07/2023
» RECAP: Asian stocks inched higher yesterday as weak manufacturing data from China stoked expectations of fresh stimulus, even as strong US data bolstered the view that the Federal Reserve will keep interest rates higher for longer.
Ant Group supports local partners on inclusive financial services
Business, Somruedi Banchongduang, Published on 29/06/2023
» Ant Group continue to support its local partners in Thailand to develop inclusive financial services i.e cross-border payment solution, virtual bank etc. for local consumers and business communities. However, the company is mainly focusing on cross-border payment solution in the Thai market, said general manager for global merchant partnership of Thailand Ant Group, Sittipong Kittiprapapong.
Baht at 7-month low on political uncertainty
Reuters, Published on 28/06/2023
» The Thai baht weakened to a seven-month low on Wednesday as political uncertainty dampened investor appetite, while most other emerging Asian currencies also depreciated against a firmer dollar after resilient US data eased recession concerns.
Horns of a dilemma
Business, Post Reporters, Published on 26/06/2023
» With the Move Forward Party (MFP) still on track to establish a new government, fresh concerns over the next chapter in Thai-Chinese economic relations have surfaced.
Rough week for equities as central banks talk tough
Business, Published on 24/06/2023
» RECAP: Asian stocks slumped in line with global equity markets, which have seen their worst week this year, as a string of hawkish central bank surprises made investors nervous about the economic cost of taming inflation.
Grab cutting 11% of workforce
Published on 20/06/2023
» SINGAPORE: Singapore-based Grab Holdings, Southeast Asia’s leading ride-hailing and food delivery app, is cutting 1,000 jobs, or 11% of its workforce, its CEO said on Tuesday, citing the need to manage costs and ensure more affordable services long-term.