Showing 91 - 100 of 1,525
Asian investors take profits after upbeat week
Published on 23/03/2024
» RECAP: Most Asian equity markets slipped yesterday on profit-taking after a big rally the day before, but Japan's Nikkei closed at an all-time high, underpinned by record gains on Wall Street overnight, strength in automakers' stocks and a weaker yen.
Investing in the only constant: change
Business, Published on 23/03/2024
» One basic rule of investing is to not attempt to buy oversold markets in a downtrend, and not to sell overbought markets in a primary bull cycle. We see no signals indicating a rising risk of recession in the US, and our hypothesis remains we are still in economic expansionary mode.
‘No reason’ to resist rate cut, says finance official
Wichit Chantanusornsiri, Published on 22/03/2024
» The Bank of Thailand no longer has any reason to refrain from reducing its policy interest rate, says a senior official of the Ministry of Finance.
Retail investors snap up government savings bonds
Business, Wichit Chantanusornsiri, Published on 22/03/2024
» Government savings bonds drew overwhelming interest from retail investors this month as interest rates are expected to decline.
Domestic gold hits new record high of B37,600
Business, Published on 22/03/2024
» Domestic gold prices rose 750 baht to a new record high of 37,600 baht per baht-weight yesterday, as global prices jumped above US$2,200 an ounce for the first time, with traders expecting the metal to reach $2,300 in two months.
Gold jumps above $2,200 an ounce for first time on Dovish Powell
Bloomberg News, Published on 21/03/2024
» Gold jumped above $2,200 an ounce for the first time after the Federal Reserve maintained its outlook for three rate cuts this year, suggesting it isn’t alarmed by a recent uptick in inflation.
K-Research expects more baht depreciation
Business, Nareerat Wiriyapong, Published on 20/03/2024
» The baht is expected to slide further after falling below 36 to the US dollar yesterday as the Bank of Japan opted to hike the interest rate for the first time in 17 years, which failed to help Asian currencies.
More baht depreciation
Business, Nareerat Wiriyapong, Published on 20/03/2024
» The baht is expected to slide further after falling below 36 to the US dollar on Tuesday as the Bank of Japan opted to hike the interest rate for the first time in 17 years, which failed to help Asian currencies.
Shares retreat as rate-cut bets weaken
Business, Published on 16/03/2024
» RECAP: Asian stocks retreated on Friday, tracking tech-led declines on Wall Street after hotter-than-expected US inflation weakened the case for imminent interest rate cuts by the Federal Reserve.
SCB EIC predicts 2 rate cuts in H1
Business, Somruedi Banchongduang, Published on 15/03/2024
» SCB EIC, a research centre under Siam Commercial Bank (SCB), expects the Bank of Thailand to start cutting the policy rate in April because of structural economic problems.