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Uncage the fintech tigers in Thailand
Business, Published on 22/05/2018
» There is a long way to go before Asian financial technology tigers can roar on the global stage and Thailand is no exception. Innovation is moving fast and regulators are struggling to keep up, which means people in Thailand are missing out on useful fintech innovations that Europeans have been benefiting from for years: whether in money remittance, wealth management or business banking.
BoT: US-China rift harm to be indirect
Business, Published on 10/04/2018
» Bank of Thailand governor Veerathai Santiprabhob rushed to ease fears about a trade stand-off between the world's top two economies, saying it would not directly hurt the country's macroeconomy as the products under threat of higher US tariffs represent a marginal proportion of the nation's shipments.
SET up 0.2%, global markets cringe over trade war fears
Business, Published on 03/03/2018
» Recap: Global stock markets fell to two-week lows yesterday, with steelmakers taking a pounding after US President Donald Trump said he would impose hefty tariffs on imports of steel and aluminium, reviving fears of a trade war.
SET has best week of year as Pyongyang rattles investors
Business, Published on 04/09/2017
» Recap: Another missile launch by North Korea and Hurricane Harvey in the US shook global capital markets as investors reallocated assets, shifting to safe havens such as gold and bonds, as well as equities in Asian emerging markets including Thailand. Previously the worst performer among emerging market peers, the SET had its highest weekly percentage gain of the year.
Terror in Spain, turmoil in Washington dent stocks
Business, Nuntawun Polkuamdee, Published on 21/08/2017
» Recap: US political instability and a terrorist attack in Spain put pressure on global stock markets, with Wall Street hitting a three-month low and European and Asian bourses also sinking, though Thailand managed a small gain.
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.
Share investors tread cautiously ahead of Fed meeting
Business, Published on 24/07/2017
» Recap: Most global stock markets moved sideways last week as investors kept an eye on the US interest rate outlook ahead of a Federal Reserve meeting this week, though most observers do not expect any move until September.