Showing 21 - 30 of 60
Worries about korea and france keep trade subdued
Business, Published on 24/04/2017
» Recap: Global stock markets were subdued earlier last week amid concerns over mounting geopolitical tension on the Korean peninsula and Sunday's first-round presidential election in France. However, sentiment for risk assets improved later as optimism spread about US tax reform. The Thai stock market moved back and forth amid a dearth of positive catalysts.
Bitten by the bitcoin bug
Spectrum, Published on 19/03/2017
» Atit Lertkiatpanit does not carry bundles of banknotes, but his wealth is assured by his digital wallet. The 26-year-old entrepreneur is an active cryptocurrency investor. He remains unfazed by the fact that bitcoins are not recognised by the Bank of Thailand. He started collecting bitcoins a couple of years ago and the intangible currency now accounts for 70% of his portfolio.
Global shares follow wall street upward
Business, Published on 20/02/2017
» Recap: Wall Street's record highs spurred other stock markets globally early last week. President Donald Trump's comment that his administration would soon unveil a "phenomenal "tax policy spurred the rally in stocks, the dollar and emerging-market assets. Federal Reserve chair Janet Yellen's upbeat assessment of the US outlook and hints at a March interest-rate increase also bolstered investor risk sentiment.
PromptPay picks up among consumers
Business, Pawee Sirimai, Published on 08/02/2017
» PromptPay's consumer-to-consumer (C2C) platform, an electronic funds transfer service under the national e-payment scheme, got off to a tepid start but usage is on the rise.
Asian shares drift lower in thin Pre-Holiday trade
Business, Published on 26/12/2016
» Recap: The oil price retreat and lack of positive market-moving factors weighed on Asian stocks last week. Thai shares also tracked the fall in the regional bourses, but buying in tax-saving funds ahead of the year-end limited the downside.
PromptPay postpones C2C service
Business, Post Reporters, Published on 13/10/2016
» The launch of PromptPay's customer-to-customer (C2C) money transfers, the first service under the national e-payment scheme, has been pushed back to the first quarter of next year so that the system can be tested thoroughly.
US elections to strengthen dollar
Business, Published on 21/09/2016
» The baht is expected to retreat to 36 to the dollar in the next 6-12 months on anticipation the greenback will strengthen after the US presidential election in November, say strategists at Credit Suisse.
Oil rout drags down shares ahead of fed talks
Business, Published on 19/09/2016
» Recap: Global stock markets plunged last week as investors cashed out ahead of this week's much-awaited US Federal Reserve meeting. Worries over the oil glut also triggered selling of energy stocks, but the Thai market picked up following a recent steep fall.
Forming a fintech family
Business, Darana Chudasri, Published on 14/09/2016
» The Thai FinTech Club (TFTC) has outlined its three priorities to strengthen local companies in preparation for the entry of foreign firms into the Thai market.
Experts back e-payment safety
Business, Published on 30/07/2016
» Financial technology experts are reassuring the public over the national e-payment scheme, saying the system has been designed to allow fair competition while controlling risks at the present level.