Showing 1 - 10 of 2,844
Equities tipped to hit new high amid rate cut hopes
Business, Nuntawun Polkuamdee, Published on 17/05/2024
» Global stocks, especially on the US exchanges, could hit an all-time high in the second quarter as investors are expected to embrace riskier assets after concerns ease over the Federal Reserve's interest rate actions, says Thai wealth management platform Finnomena.
Ministry, Bank of Thailand iron out differences
Business, Published on 17/05/2024
» In a move to alleviate conflict between the government and the Bank of Thailand, Finance Minister Pichai Chunhavajira has reiterated the government acknowledges the central bank's autonomy to set interest rate policies.
Dow index tops 40,000 for first time
Published on 16/05/2024
» NEW YORK - The Dow Jones Industrial Average breached the 40,000-point level for the first time ever on Thursday, its fastest 10,000-point climb, powered by strong quarterly results and rising bets of interest-rate cuts by the Federal Reserve.
Baht likely to face near-term volatility
Nareerat Wiriyapong, Published on 13/05/2024
» The baht is likely to be volatile in the near term, pending clear signs from the US Federal Reserve (Fed) concerning interest rate cuts, with the Thai currency expected to slide to 37.25 baht to the dollar within 1-3 months, bouncing back to 36 to the greenback by yearend, says Kasikorn Research Centre (K-Research).
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.
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.
Clawing back after a steep Songkran decline
Business, Published on 11/05/2024
» Sentiment on the Stock Exchange of Thailand (SET) was relatively weak at the beginning of April, with average daily turnover of only 33 billion baht during the first week of the month.
Thai stocks tipped to rebound in 2nd half
Nareerat Wiriyapong, Published on 10/05/2024
» Recovering tourism and exports, backed by a weaker baht, along with growing fiscal budget disbursement could support a rebound of the Thai stock market in the second half this year after the index lost 2.7% year-to-date, one of the worst performers globally.
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.