Showing 91 - 100 of 5,022
SET index expected to plunge amid court cases
Business, Nareerat Wiriyapong, Published on 05/07/2024
» The Stock Exchange of Thailand (SET) index could plunge to 1,250-1,260 points, down from about 1,300 points now, if the Constitutional Court rules Prime Minister Srettha Thavisin breached ethics rules when appointing Pichit Chuenban, which is likely, says CGI International Securities (Thailand).
Steep learning curves -- election heat for bonds
News, Published on 05/07/2024
» Some might wonder why it took so long, but the risk that this year's key elections exaggerate rather than rein in bloated public debt is finally seeing long-term sovereign bonds rear up.
Bitcoin slides on Biden drama, risk of sales linked to Mt Gox
Bloomberg News, Published on 04/07/2024
» SINGAPORE - A third-straight daily slide in Bitcoin took the digital asset close to levels last seen in February amid challenges including political drama in the United States and the potential for disposals by creditors of the failed Mt Gox exchange.
Mid-year outlook 2024: Let's get cyclical
Business, Published on 03/07/2024
» For most of 2024, the US economy has been running its "Duracell Bunny" course, ploughing ahead on strong consumer spending, fiscal stimulus and a thriving labour market. Meanwhile, Europe and Asia, especially China, have been in the doldrums, as the real estate market malaise in the latter drains the life out of the second-largest economy in the world.
Morningstar touts global bond funds' popularity
Nuntawun Polkuamdee, Published on 01/07/2024
» Global bond funds have been popular over the past year and a half, attracting investments worth 88 billion baht and generating an average return of 0.50% this year to date, according to Morningstar Research (Thailand).
Asian shares on track for fifth month of gains
Business, Published on 29/06/2024
» RECAP: Asian stocks were on track for a fifth straight month of gains on Friday, bolstered by a growing view that cooling US inflation could prompt the Federal Reserve to ease interest rates this year, while the yen tumbled to a 38-year low against the dollar.
Ministry seeks to adjust inflation target
Business, Wichit Chantanusornsiri, Published on 28/06/2024
» The Finance Ministry wants an inflation framework that can better drive the economy forward, according to Deputy Finance Minister Paopoom Rojanasakul.
Analysts see continued baht decline this year
Business, Nareerat Wiriyapong, Published on 28/06/2024
» The baht is likely to plunge to 37.25 to the US dollar in the short term, as Asian currencies slumped to their weakest level since 2022 amid continued outflows from both the Thai stock and bond markets, attributed to ongoing global volatility pending US interest rate cuts, say economists.
True Corp taking out first yen loan
Published on 27/06/2024
» True Corp, the country’s largest mobile phone operator, is syndicating its first yen-denominated sustainability-linked loan in a bid to cut financing costs as dollar interest rates remain high, according to people familiar with the matter.
Traders bullish on outlook for gold prices
Business, Nuntawun Polkuamdee, Published on 25/06/2024
» Traders expect gold prices to remain high over the next 3-5 years because of ongoing global economic uncertainty and geopolitical conflicts.