Showing 1 - 10 of 639
Political risks stifle Thai bonds
Published on 06/06/2024
» Rising political risk in Thailand is keeping foreign investors cautious about the country’s bonds, even as they tiptoed back into the market in May for the first time in six months.
Japan has spent $62bn defending yen
Published on 31/05/2024
» Japan spent a record ¥9.8 trillion ($62.2 billion) in the past month to prop up the yen after it fell to a 34-year low against the US dollar, surpassing the amount it used in 2022 to defend the currency.
Gulf Binance aims for crypto supremacy
Nareerat Wiriyapong, Published on 11/05/2024
» In a landscape where digital assets are gaining traction, Gulf Binance has emerged as a new player among the 17 licensed exchange and broker operators in Thailand.
A tale of two havens
Business, Published on 24/04/2024
» The substantial outperformance of US equities versus US Treasuries over the first quarter of 2024 has left many multi-asset managers and investors asking: what’s next?
Traders upgrade outlook for gold prices
Business, Nareerat Wiriyapong, Published on 05/04/2024
» Local traders have increased their forecasts for global and domestic prices of gold to US$2,350 and 40,500 baht, respectively, after the price of bullion set another record high of more than $2,300 an ounce on sustained demand from central banks and heightened geopolitical conflict.
Asian shares rise after Wall Street advances
Business, Published on 30/03/2024
» RECAP: Shares in Asia rose yesterday following gains on Wall Street, which closed out a stellar quarter ahead of a holiday on Friday. Benchmarks in Japan, South Korea and mainland China all edged higher, while the US dollar firmed after hawkish comments from a Federal Reserve official.
More baht depreciation
Business, Nareerat Wiriyapong, Published on 20/03/2024
» The baht is expected to slide further after falling below 36 to the US dollar on Tuesday as the Bank of Japan opted to hike the interest rate for the first time in 17 years, which failed to help Asian currencies.
Shares retreat as rate-cut bets weaken
Business, Published on 16/03/2024
» RECAP: Asian stocks retreated on Friday, tracking tech-led declines on Wall Street after hotter-than-expected US inflation weakened the case for imminent interest rate cuts by the Federal Reserve.
SCBAM bullish on bond funds to reach AUM goal
Business, Nuntawun Polkuamdee, Published on 13/03/2024
» SCB Asset Management (SCBAM) aims to increase its assets under management (AUM) by 200 billion baht to reach 2 trillion this year by focusing on bond funds that are expected to retain high interest rates.
Asian stocks advance on hopeful rate outlook
Business, Published on 09/03/2024
» RECAP: Asian stocks rose to a seven-month peak on Friday as investors cheered the prospect of an imminent interest rate easing cycle led by major central banks, keeping the dollar and Treasury yields under pressure.