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BUSINESS

Whiff of QE tapering damages markets

Business, Nuntawun Polkuamdee, Published on 20/08/2021

» Asia-Pacific stock markets fell on Thursday morning following the Federal Reserve's hint at the possibility of tapering its quantitative easing (QE) this year in the minutes of its latest meeting.

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BUSINESS

Covid and China crackdown sap regional confidence

Business, Nuntawun Polkuamdee, Published on 14/08/2021

» Recap: Emerging market shares slid 0.8% yesterday as worries about a widening regulatory crackdown in China and surges in Covid-19 cases sapped investor confidence. But European stocks hit new highs and were on track for their fourth consecutive week of gains on the prospect of more forecast-beating corporate earnings and a steady recovery from the pandemic-induced downturn.

BUSINESS

Regulator steps in to simplify Covid claims

Business, Nuntawun Polkuamdee, Published on 10/08/2021

» Insurance companies have been ordered to use Covid-19 RT-PCR tests instead of medical certificates as proof of a claim for a lump-sum payment, in order to ease the burden on buyers.

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BUSINESS

Emerging markets fret over Covid, China crackdown

Business, Nuntawun Polkuamdee, Published on 07/08/2021

» Recap: Emerging markets remained under pressure yesterday from the worsening pandemic and China's regulatory crackdown. Equity futures in Europe and the US were steady ahead of US payrolls data, after solid earnings pushed shares to record highs.

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BUSINESS

Pandemic leads to exodus of B95bn from Thai bourse

Business, Nuntawun Polkuamdee, Published on 06/08/2021

» More than 95 billion baht in capital flowed out of the Thai stock market in the first seven months of the year, partly because of the worsening pandemic, sputtering attempts to revive foreign tourism, and possibly a second year of economic contraction.

BUSINESS

Most listed firms downbeat

Business, Nuntawun Polkuamdee, Published on 08/07/2021

» Most listed companies expect to allow employees to work from home for at least another six months until infections drop to under 100 a day, according to an opinion poll of chief executives by the Stock Exchange of Thailand (SET).

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BUSINESS

Investor sells chunk of KTC for XPG venture

Business, Nuntawun Polkuamdee, Published on 29/05/2021

» Thai investor Mongkol Prakitchaiwattana sold off 110 million shares of Krungthai Card Plc (KTC) on Thursday worth 8.22 billion baht, at an average price of 74.75 baht per share, to finance a joint venture in XSpring Capital Plc in collaboration with Sansiri Group, says a securities industry source who requested anonymity.

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BUSINESS

SET probes ZMICO's unusual trading

Business, Nuntawun Polkuamdee, Published on 31/03/2021

» The Stock Exchange of Thailand (SET) is investigating unusual trading of Seamico Capital Plc (ZMICO) securities after issuing its highest-level trading control warning in mid-March that failed to stabilise the company's share price volatility, according to an industry source who requested anonymity.

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BUSINESS

SET trading rose 43% in February, signals recovery

Business, Nuntawun Polkuamdee, Published on 09/03/2021

» Trading value on the Stock Exchange of Thailand (SET) in February rose 43% from the same period last year, with stocks in the food, banking and industrial sectors outperforming and providing a strong sign of a global economic recovery.

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BUSINESS

Daily trade tops B100bn

Business, Nuntawun Polkuamdee, Published on 10/02/2021

» The Stock Exchange of Thailand's (SET) trading value surpassed 100 billion baht per day for the second consecutive month in January, boosted by investors' confidence in global economic recovery, domestic Covid-19 control measures and stimulus packages.