Showing 1 - 10 of 15
Regulator to ban Thais from trading NVDRs
Business, Published on 24/11/2023
» The Securities and Exchange Commission (SEC) is preparing to ban Thai investors from trading non-voting depository receipts (NVDRs), aiming to close an avenue for fraud in the capital market following the More Return Plc (MORE) case.
GE Won't Try to Claw Back Jeff Immelt's Pay
Business, Published on 07/01/2021
» General Electric Co.'s board won't claw back compensation from former CEO Jeff Immelt and other executives over GE's accounting issues or Mr. Immelt's use of a backup corporate jet, ending a three-year probe into allegations of misconduct at the conglomerate.
Standing out in the crowd of alternative financiers
Business, Published on 22/02/2020
» Having flown 1,400 kilometres from Singapore to Bangkok with a mission to empower small businesses through online equity crowdfunding, Hong Sin Kwek came a long way to establish one of the country's licenced crowdfunding platforms, whose untapped potential is ample.
Currencies slump, funds flee emerging markets
Business, Published on 08/09/2018
» Recap: Emerging stock markets, especially those in Asia, experienced heavy fund outflows as concerns mounted over the health of emerging economies in general, and contagion impact from the likes of Argentina and Turkey. The Indonesian rupiah hit a two-decade low and the Indian rupee also lost more ground. US-China trade tensions continue to cast a pall over markets as well.
Stocks trade in narrow range as investors comb us data
Business, Published on 07/08/2017
» Recap: Global investors remained concerned last week about US political developments and economic data that could influence a Federal Reserve interest-rate increase, amid signs that the Fed was growing more cautious. Wall Street staged a revival on Friday after the US reported strong employment numbers for July.
Investors heartened by signals from Fed
Business, Published on 31/07/2017
» Recap: US and European stock exchanges picked up last week after the US Federal Reserve kept its interest rate at 1.25% and reaffirmed plans for a gradual tightening of its monetary policy and tapering of its balance sheet.
Setback for trump hurts us equities but set rises
Business, Published on 27/03/2017
» Recap: Asian stocks drifted last week and Wall Street fell as investors awaited a crucial vote on the US healthcare bill. Its failure on Friday raised questions about President Donald Trump's ability to push through the rest of his agenda including tax cuts. Lower oil prices prompted by persistent worries about the global glut also dampened sentiment. Buying ahead of the dividend season bolstered the Thai stock market but global uncertainties capped gains.
Asian equities dip as Fed signals imminent rate hike
Business, Published on 27/02/2017
» Recap: While the Dow Jones set fresh records before slipping on Friday, Asian stock markets retreated as investors reassessed the minutes of the Federal Reserve's last policy meeting, which kept the prospect of a March interest-rate increase in play. The Thai stock market tracked regional bourses in muted trade.
Set moves ahead as dow hits 20,000 point milestone
Business, Published on 30/01/2017
» Recap: The Dow Jones Industrial Average last week crossed the 20,000 mark for the first time, lifting Thai shares by 1% on Thursday to a two-year high before rally slowed at the end of the week. European equities slipped and trading in Asia was subdued because of the Lunar New Year holidays.
SEC hurries to acquire blockchain trading advantage
Business, Nuntawun Polkuamdee, Published on 07/11/2016
» The Securities and Exchange Commission (SEC) is studying the possibility of issuing licences for blockchain-based securities trading as it seeks to encourage the local stock market to gain first-mover advantage in the new technology race.