Showing 1 - 10 of 5,849
Big Tech sell-off takes toll on Asian equities
Business, Published on 27/07/2024
» RECAP: Asian equities were mixed on Friday as traders weighed the rising expectations of US interest rate cuts against continued weakness in technology shares after a protracted run-up in prices.
Call for charges to be filed in share manipulation case
Business, Nareerat Wiriyapong, Published on 26/07/2024
» The Securities and Exchange Commission (SEC) has called on the prosecutor to file charges with the Civil Court against nine offenders for share manipulation of three companies after they refused to comply with the punishment measures.
Energy Absolute reschedules bills of exchange payment
Business, Nareerat Wiriyapong, Published on 24/07/2024
» Ailing Energy Absolute (EA), which has been under investigation over alleged fraud involving former executives, has rescheduled payment of two of its tranches of short-term bills of exchange (B/E) due to tight liquidity.
Deal on tollway fare ‘poorly thought out’
Post Reporters, Published on 23/07/2024
» The Democrat Party has voiced strong opposition to Transport Minister Suriya Jungrungreangkit’s proposal to grant a 30-year extension to the operator of the Don Muang Tollway in exchange for a fare reduction to 50 baht.
Profits of 10 listed banks for H1 rise 3.7% to B126.4bn
Somruedi Banchongduang, Published on 23/07/2024
» The 10 SET-listed banks reported a combined net profit of 126.4 billion baht for the first half of this year, marking a 3.7% increase year-on-year. This growth was primarily driven by large banks, while smaller banks experienced a decline in earnings.
Scandal stalks stocks
Published on 22/07/2024
» The Stock Exchange of Thailand (SET) was recently hit by an accounting and embezzlement scandal at Stark Corporation, which is estimated to have cost at least 14.7 billion baht in damages to shareholders and stock investors.
China shares lead regional decline as risk rises
Business, Published on 20/07/2024
» RECAP: Asian equities and currencies declined on Friday as economic and geopolitical risks trumped market optimism surrounding US interest-rate cuts. Mainland Chinese stocks in Hong Kong led the region's losses as the Communist Party's third plenum failed to convince investors about economic growth impetus.
Uptick rule helping to make SET more robust
Business, Published on 20/07/2024
» The Thai stock market has become more robust over the past three weeks following the introduction of an uptick rule that has helped tighten control over short-selling and reduced volatility.
Banks' Q2 earnings estimated at B61bn
Business, Nuntawun Polkuamdee, Published on 19/07/2024
» Analysts expect banks to report combined earnings of 61 billion baht in the second quarter, down 2% from three months earlier and flat from the corresponding period last year, due to lower interest rate income, slowing lending and interest rate cuts to help retail customers.
Much hangs on Gulf, InTouch deal
Business, Published on 18/07/2024
» The planned amalgamation of Gulf Energy Development (Gulf) and InTouch Holdings (INTUCH) is aimed at simplifying the shareholding structure, strengthening the group's financial status and balancing the investment portfolio.