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BUSINESS

SET rides Asian rebound as bank worries ease

Business, Nuntawun Polkuamdee, Published on 18/03/2023

» RECAP: Asian equities advanced yesterday after a rescue package for First Republic Bank fuelled a rebound in US shares. Even so, the MSCI gauge of Asian shares recorded a second weekly loss after the recent turbulence in the global banking sector.

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BUSINESS

Asia follows Wall Street down, SET falls below 1,600

Business, Nuntawun Polkuamdee, Published on 11/03/2023

» RECAP: Asian shares slumped on Friday, with the SET closing below 1,600 points, following a sharp decline on Wall Street amid concern that pockets of trouble in the US banking sector could portend broader dangers.

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TECH

Bitkub to invest in AI startup ThaiGPT

Business, Nuntawun Polkuamdee, Published on 08/03/2023

» Bitkub, Thailand's leading cryptocurrency exchange, will invest in the newly-established ThaiGPT as part of the company's strategy to expand the business to the research and development of artificial intelligence (AI) technology.

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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.

BUSINESS

SEC warns public CoinEx lacks necessary licence

Business, Nuntawun Polkuamdee, Published on 18/10/2022

» Cryptocurrency CoinEx has not received a licence from the Securities and Exchange Commission (SEC) to operate a digital asset business in Thailand, says the regulator, which also warned the public and investors to be careful if they opt to use the service as it is not protected by law.

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.

BUSINESS

Yuanta Securities preps for SET listing

Business, Nuntawun Polkuamdee, Published on 28/07/2022

» Yuanta Securities (Thailand) has revealed its plan to list on the Stock Exchange of Thailand (SET) in the near future after recording around 1 billion baht of net profit last year, rendering the company eligible for listing.

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BUSINESS

Agencies meet over Zipmex

Business, Nuntawun Polkuamdee, Published on 26/07/2022

» The Securities and Exchange Commission (SEC) met with the Department of Special Investigation (DSI) on Monday to discuss legal measures to protect investors facing huge risks of losses from Zipmex Thailand's suspension of asset withdrawals and transfers from ZipUp+ or Z Wallets under Zipmex Global.

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BUSINESS

SEC orders review of KUB coin listing

Business, Nuntawun Polkuamdee, Published on 02/07/2022

» The Securities and Exchange Commission (SEC) ordered Bitkub Online to review KUB coin's presence on the exchange after finding it does not meet the regulatory listing requirements and criteria.

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TECH

Cryptocurrency slump persists

Business, Nuntawun Polkuamdee, Published on 15/06/2022

» Risky assets extended losses yesterday as investors bet the Federal Reserve will hike rates by 75 basis points at the Federal Open Market Committee (FOMC) meeting on June 14-15 to curb soaring inflation.