Showing 81 - 90 of 428
Foreigners snap up B146bn of Thai stock
Business, Nuntawun Polkuamdee, Published on 07/10/2022
» Foreigners were net buyers of 146 billion baht worth of equities on the Thai stock market in the first nine months of this year as they expect tourism to revive the economy in the fourth quarter, say executives at the local bourse.
Confidence turns bearish
Business, Nuntawun Polkuamdee, Published on 07/10/2022
» Investor confidence has turned bearish for equities in the Stock Exchange of Thailand (SET) because of increasing concern over tightening monetary policy by the US, rising capital outflows and intensifying geopolitical conflicts, according to a recent survey.
Gold bounces back on weak dollar, US economic data
Business, Nuntawun Polkuamdee, Published on 05/10/2022
» Gold prices rebounded sharply to pass US$1,700 an ounce as the US dollar weakened and recently released US economic data were worse than expected.
Asian shares follow Wall Street downward
Business, Nuntawun Polkuamdee, Published on 01/10/2022
» RECAP: Stocks fell in most Asian markets yesterday after another plunge on Wall Street as the prospect of higher interest rates and turmoil in Europe stoked fears of a global recession.
Slight stock uptick after England rejig
Business, Nuntawun Polkuamdee, Published on 30/09/2022
» The Stock Exchange of Thailand (SET) and other Asian bourses were broadly up yesterday in early trade on the expectation that several central banks will follow the Bank of England's move by injecting liquidity to shore up their currencies, according to analysts.
MPC rate hike of 0.5% could shore up baht
Business, Nuntawun Polkuamdee, Published on 27/09/2022
» An interest rate hike of at least 0.5% by the Bank of Thailand's Monetary Policy Committee (MPC) tomorrow would be enough to shore up the baht, which has depreciated by 11.5% against the greenback this year to date, analysts said.
Sell-off continues as inflation fight stepped up
Business, Nuntawun Polkuamdee, Published on 24/09/2022
» RECAP: Asian markets fell again yesterday and the dollar extended gains amid a global sell-off fuelled by growing recession fears as central banks around the world ramped up interest rates to fight decades-high inflation.
Spot gold declines to lowest in over 2 years
Business, Nuntawun Polkuamdee, Published on 19/09/2022
» The spot gold price dropped to its lowest level in more than two years, pressured by a strong US dollar and the rise of US government bond yields amid concerns about prolonged tightening monetary policy and the likelihood of recession.
Banks participate in $5m DeFi fundraising
Business, Nuntawun Polkuamdee, Published on 13/09/2022
» The venture capital (VC) arms of Kasikornbank (KBank) and Bank of Ayudhya (BAY) have participated in a US$5-million (about 160 million baht) fundraising to support decentralised finance (DeFi).
Rates, inflation and energy have investors' attention
Business, Nuntawun Polkuamdee, Published on 10/09/2022
» RECAP: Global markets remained fixated this week on inflation, interest rates and energy prices. There was added drama in Britain, where the passing of Queen Elizabeth II came just two days after Prime Minister Liz Truss took office and announced a bold plan to cap soaring energy prices for two years.