Showing 1 - 8 of 8
An impressive showing for M&A
Business, Post Reporters, Published on 28/12/2019
» Thailand experienced strong merger and acquisition (M&A) activity in 2019, with deals including the US$2.7-billion (81.3-billion-baht) acquisition by Bangkok Bank of Indonesia's PT Bank Permata in December and Hong Kong-based FWD Group's purchase of Siam Commercial Bank Life Assurance for 92.7 billion baht in July.
With China, possibilities abound for SCB
Business, Somruedi Banchongduang, Published on 17/07/2019
» Greater opportunities for Thailand as a destination for China's outbound investment have been spotted as trade diversifies amid the US-China trade dispute, according to a Siam Commercial Bank (SCB) senior executive.
Emerging markets revive but us rate move looms
Business, Published on 28/11/2016
» Recap: The prospect of higher US interest rates moved markets all last week, with the Dow powering above 19,000 points, though the long US dollar rally paused on Friday while gold rebounded from a nine-month low. Emerging-market shares staged their first weekly advance in more than a month, led by commodity and energy producers. European shares were little changed, oil slipped back as hopes dimmed for an Opec production cut, and US Treasuries fell.
Oil rout, China weakness-keep-stocks-on-back-foot
Business, Published on 18/01/2016
» Recap: Asian stock markets swung back and forth last week but brief rebounds proved unsustainable in the face of dire economic news. Oil prices sank to a 12-year low below US$30 per barrel as investors worried about the health of the global economy, while the slowdown in China and volatility in its markets continued to make for a nervous start to the year. The Thai stock market had a similarly wild ride, tracking the regional bourses.
Emerging markets gain as US rate worries recede
Business, Published on 12/10/2015
» Recap: Disappointing US jobs data and minutes of the September Federal Reserve meeting triggered speculation that US interest rates will not rise until sometime next year, prompting capital flight back to emerging markets last week. Thai shares surged past 1,400 points, a level not seen since August.
Risks and rewards next door
Asia focus, Tanyatorn Tongwaranan, Published on 14/09/2015
» Cambodia has made exceptional strides since it began crawling from the wreckage left by the Khmer Rouge three decades ago. Today it is recognised as one of the world's most business-friendly countries, though it still has a long way to go.
Set flirts with 1,600 as central banks stay busy
Business, Published on 01/12/2014
» Recap: China's surprise interest rate cut, the first in more than two years, and speculation about further stimulus by the European Central Bank (ECB) propelled the run-up in Asian stock markets last week. The buying spree in tax-saving equity funds as the year-end approaches buoyed the Thai bourse which briefly surpassed 1,600 points.
SET up 1% on China optimism
Online Reporters, Published on 28/09/2012
» Thai stocks rose 1% on Friday in line with other Asian markets as investors speculated that China's central bank would act soon to spur the world's second-largest economy.