Showing 1 - 10 of 22
Predee bombshell hits baht trading
Business, Published on 02/09/2020
» The baht experienced a sudden depreciation against the US dollar on Tuesday after Finance Minister Predee Daochai submitted his resignation less than a month into his tenure.
Subpar earnings trend to continue
Business, Published on 22/02/2020
» The fourth-quarter 2019 earnings announcement season finishes this coming week. Of the firms that have reported to date, many have missed market expectations. The numbers have been similarly disappointing among US listed firms.
Stuck in neutral
Asia focus, Published on 27/01/2020
» Amid ongoing uncertainties including trade tariffs and geopolitical tensions, global economic growth prospects look dim for 2020, partly due to a disappointing performance in major Asian economies.
EV prices to approach B1m in 3-5 years as market develops
Business, Erich Parpart, Published on 14/06/2019
» Increasing competition, the arrival of charging stations and lower production costs will drive down the price of an electric vehicle (EV) to a more affordable 1 million baht within 3-5 years, says Yossapong Laoonual, president of the Electric Vehicle Association of Thailand.
China's 'Hawaii' to allow horse racing, sports lotteries
AFP, Published on 16/04/2018
» BEIJING: China is encouraging its southern island of Hainan to develop horse racing and introduce a raft of reforms as Beijing pushes the tropical tourism destination as a beacon of openness.
Syria and Trump-Xi talks keep investors on sidelines
Business, Published on 10/04/2017
» Recap: Markets were rattled late last week after US cruise missiles struck a Syrian air base, while global investors moved to the sidelines pending the outcome of talks between US President Donald Trump and Chinese President Xi Jinping. Safe-haven assets such as the yen and gold soared and oil prices also surged. The formal promulgation of the country's 20th constitution, ensuring an election sometime late next year, helped keep the Thai stock market in a rangebound trade.
Money mess
Asia focus, Narendra Kaushik, Published on 05/12/2016
» Saurabh Goyal is facing the worst time of his life. The director of BD Green Homes, a New Delhi real estate company, he has not made a single property deal since the government launched its surprise demonetisation campaign.
Weakness in europe keeps global equities subdued
Business, Published on 31/10/2016
» Recap: Global equities were affected by poor sentiment led by European stocks, which fell for the entire week on disappointing corporate results. The European Central Bank is expected to now consider further stimulus to spur the lacklustre euro zone. The US Federal Reserve, meanwhile, is seen as moving closer to raising interest rates as third-quarter GDP growth of 2.9% exceeded expectations.
Guarded hopefulness
Asia focus, Published on 16/11/2015
» John Micklethwait is a newspaper man seized by fear and hope for the future of journalism. To be sure, "newspaper man" is a bit of an anachronistic description for the new editor-in-chief at Bloomberg News, where no ink is spilled on paper. Across 325,000 Bloomberg terminals, headlines splash upon screens in seconds, bumping stale events much faster than one wraps fish with yesterday's page one.
Baht has biggest monthly drop since 2001
Published on 31/07/2015
» The baht dropped this month by the most in more than 14 years after the government cut forecasts for growth and exports, spurring outflows from Thai equities as the US prepares to raise interest rates.