Showing 1 - 10 of 190
Trade war to restrain Thai stocks in Q2
Nuntawun Polkuamdee, Published on 12/05/2025
» Thai equities have limited upside in the second quarter amid prolonged global trade tensions, while the gold outlook has turned cautious, according to brokerages.
China ramps up global yuan push
News, Published on 03/05/2025
» As Chinese President Xi Jinping toured Southeast Asia last month to forge closer ties against higher US tariffs, the People's Bank of China (PBOC) was seizing a moment of confusion and disruption in global trade to promote greater usage of the yuan.
China vows retaliation as Trump unleashes ‘bazooka’ US tariffs
Published on 03/04/2025
» China vowed to retaliate against Donald Trump’s biggest tariffs yet, putting the world’s largest economies on a collision course that risks decimating bilateral trade and upending supply chains.
China stocks, yuan tumble as Trump unveils bigger tariffs
Reuters, Published on 03/04/2025
» HONG KONG: China's yuan dropped to its lowest levels in seven weeks and stock markets slumped on Thursday after US President Donald Trump unveiled a sweeping set of reciprocal tariffs that were particularly heavy on China and its main trading partners.
Stablecoins can defend the dollar
Oped, Published on 14/11/2024
» Imagine a world where China has supplanted the United States atop the world economy, and the renminbi, not the greenback, is the global reserve currency. This scenario would be disastrous for US citizens, businesses, and allies. Given America's record high debt and unsustainable spending, reduced demand for dollar assets would cripple the US economy. The government would be forced to cut public services and military expenditures, altering almost every facet of American life -- and not for the better.
SET bounces back as war fears ease
Business, Nuntawun Polkuamdee, Published on 23/04/2024
» The Thai stock market rebounded sharply on Monday, rising by about 1.3%, as other regional bourses also bounced back from sharp losses on Friday as investors believe a full-blown war in the Middle East is unlikely while the People's Bank of China (PBOC) opted to keep interest rates unchanged.
China's central bank adds to gold reserves as price soars
Reuters, Published on 08/04/2024
» LONDON - China's central bank added 160,000 troy ounces of gold to its reserves in March, it said, in line with the market view that persistent official sector demand had supported gold's continuing rally.
K-Research: Baht may slip to 37 per dollar
Business, Nareerat Wiriyapong, Published on 21/02/2024
» The baht could slide to 37 to the dollar later this year as a weakening Thai economy and a delay in US interest rate cuts pressure the Thai currency, says Kasikorn Research Center (K-Research).
Asian rally on pause as China news awaited
Business, Published on 27/01/2024
» RECAP: The rally in most Asian markets was interrupted yesterday, with profit-taking seen in Hong Kong and Shanghai as traders await more guidance on China's plans to support the country's battered economy.
Beijing engineering huge property rescue
Published on 08/11/2023
» HONG KONG: Chinese authorities have asked Ping An Insurance Group to take a controlling stake in embattled Country Garden, the country’s biggest private property developer, four people familiar with the plan say.