Showing 1 - 10 of 1,005
Trade talk and domestic politics drive sentiment
Business, Published on 20/05/2025
» Thai shares rebounded in line with global bourses last week, shortly before falling back closer to 1,200 points. Early in the week, the market was driven by euphoria over the prospects for a US-China trade deal. Washington cut tariffs on Chinese goods to 30% while China trimmed its rates to 10% for 90 days.
NESDC slashes growth forecast to 1.8%
Published on 19/05/2025
» The state planning unit has slashed its economic growth forecast for this year to 1.8%, down from its earlier projection of 2.8% due to the impact of the global trade war.
Asian markets cool after rally fed by trade truce
Business, Published on 17/05/2025
» RECAP: Asian markets limped into the weekend as investors consolidated gains after a week-long rally spurred by a truce in the China-US trade war.
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.
Investor confidence still stunted by trade concerns
Business, Published on 12/05/2025
» The investor confidence index (ICI) tallied by the Federation of Thai Capital Market Organizations (Fetco) remained in the bearish zone last month, weighed down by global trade tensions, geopolitical conflicts and the domestic political situation.
Trump's China signals give shares a lift
Business, Published on 10/05/2025
» RECAP: Asian stocks advanced yesterday after US President Donald Trump announced a trade deal with the UK and signalled that tariffs on Chinese goods may fall if preliminary talks this weekend in Switzerland go well.
SET rebounding after a bumpy April
Business, Published on 10/05/2025
» The Stock Exchange of Thailand was volatile in April, which features a long holiday period. In the lead-up to the Songkran festival, the SET was hit hard by US President Donald Trump's tariffs announcement, touching its lowest level in years at 1,056.41 points early in the month.
Analysts predict Thai bourse to perform poorly
Business, Nareerat Wiriyapong, Published on 09/05/2025
» Slow progress in US-China and Thailand-US trade talks as well as a sluggish domestic economy are likely to stall the Stock Exchange of Thailand (SET) this month, despite an expected lift from the introduction of Thai ESG Extra (ESGX) funds, say analysts.
Call for Thai ministers to do their job
Business, Published on 05/05/2025
» Clouded by several negative factors, including uncertainty stemming from unresolved negotiations with the US on tariff hikes, the Thai economy is likely to miss the government's forecast of 3% growth this year.
Shares advance on optimism about China-US talks
Business, Published on 03/05/2025
» RECAP: Asian shares rose to the highest level in a month and US equity-index futures advanced yesterday after China said it is evaluating trade talks with the US, boosting optimism that tariff tensions will cool.