Showing 1 - 10 of 14
Asian equities retreat on US slowdown worries
Business, Nuntawun Polkuamdee, Published on 22/04/2023
» RECAP: Asian and European markets fell yesterday on lingering recession worries as data indicated the US economy was slowing down. Thailand has low recession risk but the SET has slid amid negative global sentiment and falling oil prices.
Equities revive on optimism about China reopening
Business, Nuntawun Polkuamdee, Published on 05/11/2022
» RECAP: Global equities trimmed their losses yesterday as Chinese shares surged amid signs that authorities are trying harder to ease the severe economic impact of the zero-Covid policy. The MSCI index of Asian shares headed for its biggest weekly jump since July.
Somkid: GDP growth to be 4% this year
Business, Nuntawun Polkuamdee, Published on 11/05/2018
» Thailand's economic growth is expected to expand by 4% this year following a continued recovery in consumption and investment, but the country's competitiveness and adaptation to digital changes remain challenges going forward, says Deputy Prime Minister Somkid Jatusripitak.
Trading places: Digital or bust
Business, Nuntawun Polkuamdee, Published on 25/03/2017
» Grey hair, in the age of digital disruption, is always perceived as naive about technology by the millennial generation. But age is not an obstacle for Charnchai Kultavarakorn, the 60-year-old major shareholder and founder of ASL Securities, the country's first online-focused stockbroker that is shaking up dominant players in the industry.
KAsset, HSBC target Chinese securities
Business, Nuntawun Polkuamdee, Published on 28/10/2016
» Kasikorn Asset Management (KAsset) has partnered with HSBC to secure the first Renminbi Qualified Foreign Institutional Investor (RQFII) quota in Thailand, with an initial investment of US$1 million.
Gold glistens again
Business, Nuntawun Polkuamdee, Published on 02/05/2016
» After hitting a record high of US$1,923 an ounce in September 2011 -- a spectacular increase of over 600% on the decade-long bull market -- the precious metal's value almost halved to $1,061 at the end of last year on the United States' looming first rate rise in almost a decade.
'I didn't know about Makro deal,' insists CP All chief
Business, Nuntawun Polkuamdee, Published on 04/12/2015
» The top executive of SET-listed CP All Plc who was fined more than 30 million baht for insider trading has denied he had any knowledge the company was interested in acquiring Siam Makro Plc when he bought its shares.
Chanchai stages a comeback
Business, Nuntawun Polkuamdee, Published on 06/05/2015
» Chanchai Kultavarakorn, a veteran of the securities brokerage industry, has staged a comeback by setting up a new company that will focus on online trading.
Little movement on set Amid Global fluctuations
Business, Nuntawun Polkuamdee, Published on 17/11/2014
» Recap: Global and Asian stock exchanges fluctuated last week due to a lack of positive factors to bolster sentiment. The SET Index moved in a narrow range of 1,555.78 and 1,580.92 points and closed at 1,575.88, down 0.16% from the previous week, on brisk average daily turnover of 52.62 billion baht. Foreign investors were net buyers of 960 million baht and brokers bought 1.33 billion more than they sold. Institutions were net sellers of 510 million baht and retail investors pulled 2.11 billion out of market.
Analysts project policy rate to stand pat
Business, Nuntawun Polkuamdee, Published on 09/01/2013
» With most analysts projecting the policy rate will remain unchanged at today's meeting of the Monetary Policy Committee (MPC), fund managers recommend investors bet on fixed-return bond funds.