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Search Result for “asia”

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BUSINESS

SEC files charges against Stark Corp for misconduct

Business, Nareerat Wiriyapong, Published on 07/07/2023

» The Securities and Exchange Commission (SEC) has filed charges with the Department of Special Investigation (DSI), accusing Stark Corporation and nine others, including the company's largest shareholder, of financial misconduct.

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BUSINESS

New House speaker propels Thai stocks

Business, Nareerat Wiriyapong, Published on 05/07/2023

» The Stock Exchange of Thailand (SET) rebounded modestly on Tuesday as investors hailed the selection of a House speaker as a breakthrough in the political impasse, ahead of the parliamentary vote for a new prime minister later this month.

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BUSINESS

The Stark reality of a company in decline

Business, Nareerat Wiriyapong, Published on 05/07/2023

» As the public awaits clarity on the formation of a new government, investor confidence is trying to rebound from the plunge caused by alleged fraud at Stark Corporation.

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BUSINESS

Bourse edges down amid global jitters

Business, Nareerat Wiriyapong, Published on 28/06/2023

» Uncertainty in Russia and loan defaults in China's property sector must be closely watched because they could drag down the Stock Exchange of Thailand (SET) index, which remains under 1,500 points, say analysts.

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BUSINESS

Thai stock index remains low amid foreign sell-off

Business, Nareerat Wiriyapong, Published on 24/06/2023

» The Stock Exchange of Thailand (SET) index slipped below 1,500 points in early trading hours yesterday, then traded near the 1,500-point mark for most of the day as foreigners continued to sell Thai shares amid interest rate hikes and political uncertainty.

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BUSINESS

Delta blames volatility on external factors

Business, Nareerat Wiriyapong, Published on 22/06/2023

» Delta Electronics (Thailand) informed the Stock Exchange of Thailand (SET) the company's share price fluctuations were caused by external factors and its financial fundamentals remained robust, as the stock continued to sway on Wednesday.

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BUSINESS

MGC-Asia morphs into a lifestyle mobility company

Business, Nareerat Wiriyapong, Published on 10/06/2023

» SET-listed auto retailer Millennium Group Corporation (MGC-Asia) is no stranger to business diversification.

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BUSINESS

Analysts anticipate more rate hikes

Business, Nareerat Wiriyapong, Published on 03/06/2023

» The Bank of Thailand is likely to continue to raise interest rates this year to curb rising inflationary pressures, though such increases could hurt the stock market and the economy, say analysts.

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BUSINESS

Stocks rise as political fears subside

Business, Nareerat Wiriyapong, Published on 19/05/2023

» The Stock Exchange of Thailand (SET) returned to positive territory on Thursday after falling for three consecutive days following Sunday's election, with the victorious Move Forward Party (MFP) announcing a plan to form a coalition government with 313 members of parliament.

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BUSINESS

Fitch upbeat on post-poll outlook for bank sector

Business, Nareerat Wiriyapong, Published on 18/05/2023

» Pro-growth policies and the absence of protests after the election are positive signs for Thai banks and the economy, but uncertainties remain as the winning parties try to form a coalition government, says global financial information provider Fitch Group.