Showing 1 - 10 of 124
Property stimulus bump to lift Thai stock market
Business, Nuntawun Polkuamdee, Published on 12/04/2024
» The recently approved property stimulus measures should help the Thai stock market as they significantly lower costs for homebuyers, with the cuts to transfer and mortgage fees applying to up to 70% of the units available in the property market.
Bitcoin bounces back
Nuntawun Polkuamdee, Published on 29/01/2024
» Following the US Securities and Exchange Commission's (SEC) approval of 11 Bitcoin exchange-traded funds (ETFs), and with a Bitcoin halving expected in April, the cryptocurrency regained the top spot for asset annual return on investment as its price surged more than 150%.
Brokers allay concerns over naked short selling
Business, Nuntawun Polkuamdee, Published on 29/11/2023
» The Association of Securities Companies (Asco) has reaffirmed there is no naked short selling on the Thai exchange, while the Securities and Exchange Commission (SEC) asked Asco members to adjust their short sell guidelines based on the SEC's instructions.
KKP Dime set to double assets to B10bn
Business, Nuntawun Polkuamdee, Published on 28/09/2023
» KKP Dime Securities, a unit of Kiatnakin Phatra Bank, aims to double the size of its assets under management (AUM) to 10 billion baht next year, though the target could prove elusive if the government decides to collect tax from overseas investment, say executives.
Bitkub revenue dips 48% as crypto sinks
Business, Nuntawun Polkuamdee, Published on 12/06/2023
» Bitkub Online (BO), the owner of Bitkub Exchange, Thailand's leading cryptocurrency platform, reported a 48% year-on-year decline in revenue last year as the crypto market plunged.
Asian equities retreat on US slowdown worries
Business, Nuntawun Polkuamdee, Published on 22/04/2023
» RECAP: Asian and European markets fell yesterday on lingering recession worries as data indicated the US economy was slowing down. Thailand has low recession risk but the SET has slid amid negative global sentiment and falling oil prices.
Brokerages announce downbeat outlook
Business, Nuntawun Polkuamdee, Published on 13/03/2023
» The total value of securities traded on the Stock Exchange of Thailand is expected to decrease this year from 2022 as concerns about the global economic slowdown and US interest rate hikes affect investor confidence, says the Association of Securities Companies (Asco).
Asian shares slide, SET falls on weak GDP data
Business, Nuntawun Polkuamdee, Published on 18/02/2023
» RECAP: Asian shares and currencies slipped on Friday as strong economic data from the US and hawkish Federal Reserve comments revived fears that the US central bank will stick to its path of interest rate increases to tame inflation.
SEC revising listing rules for ready-to-use utility tokens
Business, Nuntawun Polkuamdee, Published on 26/01/2023
» The Securities and Exchange Commission (SEC) is preparing to revise the listing rules for ready-to-use utility tokens to make them more appropriate and protect investors, according to the regulator.
China optimism spurs Asian shares higher
Business, Nuntawun Polkuamdee, Published on 14/01/2023
» RECAP: Asian markets mostly rose again yesterday on optimism about the impact of China reopening on regional corporate performance, while the dollar remained under pressure after data showed a further slowdown in US inflation.