Showing 1 - 10 of 183
Ministry strips Zipmex's licences
Nuntawun Polkuamdee, Published on 12/06/2024
» The Finance Ministry has revoked the digital asset business licences of Zipmex Thailand as requested by the Securities and Exchange Commission (SEC), citing the company's financial status could cause damages to investors while personnel is inadequate to operate efficiently.
SET index could slip further amid BoT spat
Nareerat Wiriyapong, Published on 08/06/2024
» The Stock Exchange of Thailand (SET) index could dip below 1,300 points after plunging to a four-year low on Thursday, as political uncertainties loom and news emerged that the Srettha Thavisin coalition government is seeking ways to exert more power at the Bank of Thailand.
Bitcoin ETFs post longest run of inflows as token nears record
Bloomberg News, Published on 07/06/2024
» MUMBAI - United States exchange-traded funds investing directly in Bitcoin attracted net inflows for an unprecedented 18th straight day, a spurt of demand that has helped to lift the largest digital asset toward a record high.
Thai stocks hit by stubbornly high rates
Business, Nuntawun Polkuamdee, Published on 07/06/2024
» The expectation that US interest rates will remain "high for longer" continues to pressure stock investments globally, with funds flowing out of emerging markets including Thailand, according to the Stock Exchange of Thailand (SET).
Bourse to post caution signs on 17 stocks
Business, Nuntawun Polkuamdee, Published on 05/06/2024
» The Stock Exchange of Thailand (SET) plans to impose CF (Caution-Free Float) signs on Wednesday on 17 listed companies that cannot meet free-float requirements.
Political jitters hamstring SET index
Business, Nareerat Wiriyapong, Published on 05/06/2024
» Political uncertainty is expected to be a major drag on the Stock Exchange of Thailand (SET) for the entirety of June, with three legal cases involving Prime Minister Srettha Thavisin, former premier Thaksin Shinawatra and opposition Move Forward Party (MFP) causing the index to sag deeper than originally forecast, say analysts.
Thai SEC approves first Bitcoin fund
Business, Nuntawun Polkuamdee, Published on 04/06/2024
» The Securities and Exchange Commission (SEC) has endorsed One Asset Management (ONEAM) becoming the first firm to launch a spot Bitcoin exchange-traded fund (ETF) in Thailand, which is limited to wealthy and institutional investors.
Cryptocurrencies picked for bull run year
Nuntawun Polkuamdee, Published on 03/06/2024
» This year is considered "golden" for cryptocurrencies after the US Securities and Exchange Commission (SEC) approved eight funds that plan to launch spot Ethereum exchange-traded funds (ETFs), according to analysts, with the bull run continuing in the second half based on strong interest from institutional investors.
Asian shares recover on hopes for policy support
Business, Published on 01/06/2024
» RECAP: Asian stocks recovered on Friday after a three-day selling streak, boosted by a decline in US Treasury yields and weakness in the dollar amid optimism for more policy support after disappointing economic data from the US, China and Japan.
Light at the end of the tunnel for global economy
Business, Published on 01/06/2024
» Entering the middle of the second quarter, the world economy has begun to signal a more coordinated recovery. Preliminary composite Purchasing Managers' Index (PMI) readings for May recovered in the US, the euro zone, Japan and other large economies, indicating global economic growth is expanding more broadly.