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BUSINESS

Prasarn: Let market forces drive baht

Business, Pathom Sangwongwanich, Published on 17/08/2015

» The Bank of Thailand would let market mechanisms determine the baht's value rather than weaken it despite pressure from the recent yuan devaluation.

BUSINESS

Greek drama and Chinese rout push shares down

Business, Published on 06/07/2015

» Recap: Greece's debt default weighed on global stock markets last week ahead of yesterday's referendum. The start of this week promises to be choppy as US investors return from a long weekend and markets weigh the results of the Greek vote.

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BUSINESS

Set slides below 1,500 on weak earnings outlook

Business, Darana Chudasri, Published on 01/06/2015

» Recap: Anxiety over a potential Greek debt default and tightening margin trading requirements for Chinese brokers rattled Asian stock markets last week. Gloomy earnings prospects and the Thai economic slowdown pulled the local bourse below 1,500 points.

BUSINESS

Wall street jumps but factory data a worry

Business, Published on 27/04/2015

» Recap: While US markets surged, many other global stock markets sagged in response to disappointing factory activity in China, Japan and the euro zone, and concerns over Greek debt. The same worries pushed down Thai stocks.

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THAILAND

Nok Air flight delayed, door jams

Online Reporters, Published on 18/02/2015

» Passengers of a Nok Air flight were stranded at Nan airport on Wednesday for more than three hours after a rear cabin door could not be securely closed before takeoff.

ADVANCED NEWS

Stock market: Sudden fall & weak baht (update)

Jon Fernquest, Published on 12/06/2013

» Baht weakening (& improvement for exporters) after foreign investment money pulled out of Thailand & sent back to US with US credit rating improvement.

ADVANCED NEWS

Capital controls: Govt & central bank working together

Jon Fernquest, Published on 29/05/2013

» Short-term investment money flowing into Thai stock & bond markets from US, EU & Japan QE monetary policy causing strong baht, hurting export sector.

ADVANCED NEWS

Rising baht: Dollar borrowing by Thai banks

Jon Fernquest, Published on 20/05/2013

» Interest rates lower in other countries, so Thai banks borrow there in dollars causing baht to rise in value making Thai exports less competitive.

ADVANCED NEWS

Govt & Bank of Thailand Conflict: Two sides to story

Jon Fernquest, Published on 08/05/2013

» Most monetary policy experts at BOT don't believe interest rate cut will solve rising baht problem so charges of "gross incompetence" unfounded.

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BUSINESS

SET index dives 50.55 points

Published on 22/03/2013

» Thai stocks plunged 3.3% on Friday, their biggest one-day decline since October 2011, on investor concern that regulators may increase margin requirements for trading to curb speculation.