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Search Result for “bankruptcy”

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BUSINESS

Crypto spikes as SEC reassures public

Business, Nuntawun Polkuamdee, Published on 12/04/2023

» The price of Bitcoin surpassed US$30,000 on Tuesday, the highest level in 10 months, becoming the asset with the highest return year-to-date as investors become increasingly optimistic that the United States Federal Reserve (Fed) will soon end its aggressive monetary tightening.

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BUSINESS

The search is on for new SEC leader

Business, Nuntawun Polkuamdee, Published on 04/02/2023

» The process to find a new secretary-general of the Securities and Exchange Commission (SEC) is likely to begin soon after the regulator’s board decided on Thursday not to extend the term for current boss Ruenvadee Suwanmongkol.

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BUSINESS

China optimism lifts Asian equities

Business, Nuntawun Polkuamdee, Published on 07/01/2023

» RECAP: Asian equities advanced on Friday amid hopes for China's emergence from the pandemic and an economic lift from renewed travel from the mainland.

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BUSINESS

SEC readies stricter rules for digital assets

Business, Nuntawun Polkuamdee, Published on 13/12/2022

» The Thai Securities and Exchange Commission (SEC) is preparing to impose more stringent regulations on digital assets to mirror the global market, with the aim of increasing investor protection.

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BUSINESS

ONE-LS readies new funds

Business, Nuntawun Polkuamdee, Published on 14/11/2022

» One Life Settlement Fund (ONE-LS), an alternative investment option, is expected to launch more new funds soon after its third fund was oversubscribed.

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BUSINESS

Equities soar as US inflation shows signs of easing

Business, Nuntawun Polkuamdee, Published on 12/11/2022

» RECAP: Asian shares jumped yesterday as slowing US inflation and an easing of some Chinese Covid quarantine rules triggered a relief rally. The MSCI Asia Pacific Index climbed as much as 3.5%, on track for its best weekly gain since April 2020.

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BUSINESS

SMK ordered to prepare rehabilitation plan

Business, Nuntawun Polkuamdee, Published on 08/11/2022

» The Office of Insurance Commission (OIC) has ordered SET-listed Syn Mun Kong Insurance (SMK) to rectify its financial position and prepare a rehabilitation plan after the Central Bankruptcy Court ordered the company to undertake rehabilitation and also appointed SMK as a rehabilitation planner.

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BUSINESS

SET loses ground after 4% gain in August

Business, Nuntawun Polkuamdee, Published on 03/09/2022

» RECAP: Global stock markets lost ground this week as investors assessed the impact of more US interest rate hikes and tensions over Taiwan. External factors remained the key factors affecting market sentiment in Asia including Thailand.

BUSINESS

SEC tightens rules for digital asset ads

Business, Nuntawun Polkuamdee, Published on 02/09/2022

» The Securities and Exchange Commission (SEC) took steps yesterday to tighten the rules governing the digital asset market and penalise businesses that breach regulations.

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BUSINESS

Listed crypto miners post H1 losses

Business, Nuntawun Polkuamdee, Published on 29/08/2022

» Several listed crypto mining companies reported operating losses in the first half of this year as crypto prices tanked, forcing many crypto platforms to go bankrupt.