Showing 1 - 10 of 16
Insurance expected to flourish driven by auto, health policies
Business, Nareerat Wiriyapong, Published on 20/02/2024
» The insurance industry could outstrip the Thai economy in terms of growth this year, thanks mainly to health and auto policies, as there are headwinds that could pose risks to the country's GDP outlook, leading insurance executives say.
Bank of Thailand still upbeat despite headwinds
Business, Somruedi Banchongduang, Published on 03/11/2022
» The Thai economy will face more challenges next year amid global uncertainties, but its recovery remains on track, according to a Bank of Thailand (BoT) executive.
Korea adds 505 cases, deaths top 2,800: Virus update
Published on 27/02/2020
» Saudi Arabia halted religious visits that draw millions to cities including Mecca and Medina, while Japan asked for all schools to shut from March 2. More new cases were reported outside China than within the country for the first time, highlighting the spread of the epidemic.
Investors heartened by signals from Fed
Business, Published on 31/07/2017
» Recap: US and European stock exchanges picked up last week after the US Federal Reserve kept its interest rate at 1.25% and reaffirmed plans for a gradual tightening of its monetary policy and tapering of its balance sheet.
Anxiety over Syria, North Korea keeps lid on stocks
Business, Published on 18/04/2017
» Recap: Asian stock indices were mixed last week as rising geopolitical risks from the US missile strike on Syria and soaring tensions on the Korean peninsula kept investors on edge. The same concerns lifted gold to five-month highs, while oil advanced amid confidence that Saudi Arabia will support an extension to Opec-led output cuts just as US stockpiles show signs of shrinking. The Thai stock market edged up, driven by buying in heavyweight energy stocks.
Investors heartened as fed ends rate suspense
Business, Published on 20/03/2017
» Recap: Investors were treading cautiously ahead of last week's US Federal Reserve meeting when the US central bank raised its benchmark interest rate as expected, but their appetite improved after Chair Janet Yellen's comments suggested a more gradual pace of monetary tightening this year. The Thai stock market joined the global rally as the wild swings in trade of Group Lease (GL) eased.
Trump comments, 'hard Brexit' talk depress stocks
Business, Published on 23/01/2017
» Recap: Donald Trump's comment that the US dollar was too strong and blunting the country's competitiveness rattled global stock markets last week, as did fears over the impact of a "hard Brexit" as outlined by British PM Theresa May. As well, confusion about Mr Trump's political and economic agenda made investors step back from risky assets ahead of his inauguration on Friday. The Thai stock market tracked the global trend, but the magnitude of its fall was limited.
SET risks and rewards
Business, Darana Chudasri, Published on 23/01/2017
» The Stock Exchange of Thailand was one of Asia's best performers last year with a rally of almost 20%.
Global economy more fragile with few growth drivers
Asia focus, Erich Parpart, Published on 03/10/2016
» The prolonged global slowdown in overall growth and trade is expected to persist if all parties do not work toward a solution together, the United Nations Conference on Trade and Development (Unctad) has warned.
Set sheds another 2.2% as Asian sentiment subdued
Business, Published on 07/12/2015
» Recap: Asian stocks retreated last week, weighed down by negative factors including downbeat Chinese factory data, signals from Federal Reserve Chair Janet Yellen that an interest-rate increase this month is all but certain, and the smaller-than-expected scale of new stimulus by the European Central Bank. In Thailand, rumours in social media that the European Union (EU) had imposed sanctions against the country triggered panic selling.