Showing 1 - 10 of 10
Cabinet approves 0.01% fees for transfer, mortgage
Business, Chatrudee Theparat, Published on 08/05/2019
» The cabinet has approved cutting both housing transfer and mortgage fees to 0.01% for 12 months, aiming to spur buying after critics said the previous measure to offer tax deductions of up to 200,000 baht for buyers of homes and condos worth up to 5 million baht would have a minimal impact on the market.
ICOs get 30 extra days to inform SEC
Business, Wichit Chantanusornsiri, Published on 29/03/2018
» A draft version of a royal decree regulating transactions related to digital assets will grant issuers of initial coin offerings (ICOs) 90 days to inform the Securities and Exchange Commission (SEC) of their plans before the law takes effect.
Share trade subdued after long-expected Fed move
Business, Published on 19/06/2017
» Recap: Asian stock markets traded cautiously earlier last week as investors awaited the US Federal Reserve's rate decision. A rout in US technology stocks later in the week also dampened market sentiment. The Thai stock market still moved in a rangebound trade amid a lack of positive news.
Startup marketplace for fund-raising in the works
Business, Darana Chudasri, Published on 18/04/2017
» The Stock Exchange of Thailand (SET) plans to use more than 600 startups registered with New Economic Warrior (NEW), an online community initiated by the stock exchange, for the startup fund-raising platform it is setting up soon, its chief says.
China weakness and Trump vagueness hurt sentiment
Business, Published on 16/01/2017
» Recap: Asian stock markets were mixed last week as disappointing Chinese trade data dented already weak investor sentiment after US President-elect Donald Trump offered no details of his big-spending fiscal plans at his first news conference in months. Higher oil prices lifted Thai stock market sentiment.
Stocks climb as prospects for fed rate hike recede
Business, Published on 06/06/2016
» Recap: Global stock markets rose last week as investors now believe the US Federal Reserve will not raise interest rates until July at the earliest, given concerns about the market impact of the June 23 UK referendum on EU membership. Poor US job figures for May also weakened the case for a rate hike. A recovery in oil prices also lifted sentiment. Thai shares advanced on buying of energy and bank blue chips.
Stocks drift in thin trade, China leads Asia lower
Business, Published on 30/11/2015
» Recap: Global stock markets traded thinly last week as geopolitical tensions rose after Turkey downed a Russian plane that entered its territory from war-torn Syria. Wall Street was subdued because of the Thanksgiving holiday on Thursday and a shortened session on Friday. European markets were little changed as investors awaited word this week on whether the European Central Bank would extend its stimulus measures.
Mixed Fed rate signals spook stock investors
Business, Nuntawun Polkuamdee, Published on 02/11/2015
» Recap: Global stock markets edged down last week after the US Federal Reserve suggested that an interest-rate increase was still possible before the end of this year. The news triggered a substantial sell-off by foreign investors in emerging markets in Asia.
Stocks advance as chances of US rate hike recede
Business, Published on 19/10/2015
» Recap: Global stock markets rallied last week on receding prospects for the first interest rate increase since 2006 by the US Federal Reserve amid signs of global economic weakness. Capital inflows to emerging markets including Thailand have also lifted their currencies against the dollar.
Emerging markets gain as US rate worries recede
Business, Published on 12/10/2015
» Recap: Disappointing US jobs data and minutes of the September Federal Reserve meeting triggered speculation that US interest rates will not rise until sometime next year, prompting capital flight back to emerging markets last week. Thai shares surged past 1,400 points, a level not seen since August.