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Search Result for “interest rate cuts”

Showing 1 - 10 of 1,498

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GENERAL

Dow index tops 40,000 for first time

Published on 16/05/2024

» NEW YORK - The Dow Jones Industrial Average breached the 40,000-point level for the first time ever on Thursday, its fastest 10,000-point climb, powered by strong quarterly results and rising bets of interest-rate cuts by the Federal Reserve.

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GENERAL

Aberdeen anticipates stock market recovery in second half

Business, Nuntawun Polkuamdee, Published on 16/05/2024

» Aberdeen Asset Management (Thailand) (Abrdn) anticipates a potential recovery of the Thai stock market in the second half of the year.

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GENERAL

Baht likely to face near-term volatility

Nareerat Wiriyapong, Published on 13/05/2024

» The baht is likely to be volatile in the near term, pending clear signs from the US Federal Reserve (Fed) concerning interest rate cuts, with the Thai currency expected to slide to 37.25 baht to the dollar within 1-3 months, bouncing back to 36 to the greenback by yearend, says Kasikorn Research Centre (K-Research).

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INVESTMENT

Follow the yellow brick road

Nuntawun Polkuamdee, Published on 13/05/2024

» Gold prices were stagnant in early May, settling just above the US$2,300 threshold during the first weekend of the month, after briefing touching the lowest level since early April.

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GENERAL

War of independence

Business, Published on 13/05/2024

» Following a speech by Pheu Thai Party leader Paetongtarn Shinawatra declaring the independence of the Bank of Thailand an obstacle to fixing a stagnant economy, the issue has been echoed in media reports, fuelling an ongoing rift between the central bank and the coalition government.

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OPINION

Who's directing behind the scenes?

News, Veera Prateepchaikul, Published on 13/05/2024

» The speechwriter who wrote the speech delivered by Pheu Thai Party leader Paetongtarn Shinawatra at the party meeting on May 3 did a lousy job which consequently put her in hot water.

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INVESTMENT

Asian shares on course for third week of gains

Business, Published on 11/05/2024

» RECAP: Asian stocks rose on Friday, on course for a third week of gains, while the dollar was steady as fresh signs of an easing US labour market stoked optimism about interest rate cuts before the year is out.

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THAILAND

Can't come soon enough

News, Published on 11/05/2024

» The road to writing a brand-new charter promises to be long and winding.

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INVESTMENT

Gulf Binance aims for crypto supremacy

Nareerat Wiriyapong, Published on 11/05/2024

» In a landscape where digital assets are gaining traction, Gulf Binance has emerged as a new player among the 17 licensed exchange and broker operators in Thailand.

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GENERAL

Clawing back after a steep Songkran decline

Business, Published on 11/05/2024

» Sentiment on the Stock Exchange of Thailand (SET) was relatively weak at the beginning of April, with average daily turnover of only 33 billion baht during the first week of the month.