Showing 1 - 10 of 330
Gold price peaks as SET index dips
Business, Nareerat Wiriyapong, Published on 20/04/2024
» Domestic prices of gold reached a new record high of 42,000 baht per baht-weight early Friday as the Stock of Thailand (SET) index sunk to a three-year low of less than 1,350 points, with unease in the Middle East sending investors rushing to safe assets.
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.
Analysts see limited upside for SET
Business, Nareerat Wiriyapong, Published on 15/12/2023
» Analysts welcomed clear signs from the US Federal Reserve regarding an economic soft landing and three interest rate cuts in 2024, which caused the Stock Exchange of Thailand (SET) to rebound amid bullish global market sentiment.
Possible tourism setback rattles wobbly Thai markets
Published on 04/10/2023
» The shooting tragedy at Siam Paragon adds to a double-whammy of rising interest rates and government spending worries that has hammered Thai assets and soured bets on the recovery of the country’s economy, say analysts.
MINT Completes Thailand's First Tourism SLL Achievement
Published on 19/09/2023
» Minor International Public Company Limited (MINT) is pleased to announce a remarkable milestone with the completion of EUR 500 million Syndicated Sustainability-Linked Loan (SLL) refinancing, setting a precedent as the first loan of its kind within Thailand’s tourism and leisure sector. This SLL will be used to refinance existing syndicated facilities and support the Group’s growth across the region. The transaction has attracted strong interest from 19 prominent banks, ultimately generating strong demand that approached the one billion EUR mark, more than double the intended target. The syndication demonstrates the market's trust in MINT's prospects, allowing the company to secure long-term liquidity while also optimising its average cost of debt.
Asian stocks hit 9-month lows
Reuters, Published on 17/08/2023
» SINGAPORE - Asian shares slid to nine-month lows on Thursday, while the dollar was at two-month peak as fears over China's sluggish economic recovery and concerns that the Federal Reserve may still raise interest rates rattled investors.
Most Asian shares rise, oil prices up after Saudi output cuts
Published on 05/06/2023
» SYDNEY: Most Asian share markets rose on Monday on optimism the Federal Reserve would pause its rate hikes this month after a mixed US jobs report, while oil prices jumped after Saudi Arabia pledged big output cuts.
Baht gains as Move Forward leads vote, tycoon-linked stocks drop
Published on 15/05/2023
» The baht rallied after pro-democracy parties emerged as the biggest winners in Sunday’s election, while stocks linked to some of the nation’s billionaires fell on concern that a new government will introduce more industry competition.
SET allays concerns among investors
Business, Published on 17/03/2023
» The Stock Exchange of Thailand (SET) yesterday rushed to ease concerns after a plunge in Credit Suisse shares, reigniting worries about a possible banking crisis.
No impact on Thailand so far from US banking woes - Finance minister
Published on 15/03/2023
» Recent problems facing some banks in the United States had no impact on Thailand so far, Finance Minister Arkhom Termpittayapaisith told reporters on Wednesday.