Showing 1 - 10 of 44
Taking a deep dive into the baht rebound
Business, Janine Phakdeetham, Published on 03/08/2022
» The currency of Southeast Asia's second-largest economy traded against the greenback at 36.08 on Monday, appreciating 1.4% compared to a week prior.
Two investment themes emerging in March
Business, Published on 07/03/2020
» The SET index appears likely to extend its slide in March after it slumped 13.3%, or 205 points (from 1,542 to 1,337) in February from the previous month. We see the supports at 1,250 and 1,200, while the upside would be capped at 1,400 and 1,430. The trading range is expected to be between 1,250 and 1,400. Among the key factors:
Time to concentrate on defensive sectors
Business, Published on 05/10/2019
» Positive factors in October: Expect the cabinet to announce more stimulus spending packages this month in an attempt to spur more economic activity before the year-end. The cabinet has already accelerated work on 44 large-scale projects worth a combined 1.94 trillion baht and introduced the "Chim Shop Chai" programme to boost spending power and lend support to the tourism sector.
BoT yet to take action in KTB case
Business, Somruedi Banchongduang, Published on 11/01/2019
» The Bank of Thailand has yet to take action against Kittiphun Anutarasoti, chief executive of CIMB Thai Bank (CIMBT), after Krungthai Bank (KTB) made public the findings of its investigation into loans extended to Energy Earth, which included serious allegations against him.
Former KTB executive objects to findings
Business, Published on 10/01/2019
» Kittiphun Anutarasoti, chief executive of CIMB Thai Bank (CIMBT), is crying foul over the probe made by Krungthai Bank (KTB) into previous loan extensions to Energy Earth after the findings made serious allegations against him.
Investors eye Argentina talks, May's Brexit sales job
Business, Published on 01/12/2018
» Recap: Emerging-market shares fell yesterday, backtracking from the upward trend of the past month as investors took a cautious stance ahead of high-stakes US-China trade talks over the weekend, along with British Prime Minister Theresa May's attempt to win parliamentary support for her Brexit deal forged with the EU.
Share investors tread cautiously ahead of Fed meeting
Business, Published on 24/07/2017
» Recap: Most global stock markets moved sideways last week as investors kept an eye on the US interest rate outlook ahead of a Federal Reserve meeting this week, though most observers do not expect any move until September.
Dovish tone from yellen heartens equity investors
Business, Published on 17/07/2017
» Recap: Most Asian stock markets gained last week as investors took their cue from another all-time closing high for the Dow Jones Industrial Average, while dovish comments from the Federal Reserve on the interest rate outlook also bolstered risk sentiment. Oil prices also rallied but the impact on the energy-heavy Thai bourse was limited.
US politics dent sentiment but energy shares lift set
Business, Published on 22/05/2017
» Recap: Asian stock markets retreated in response to a ballooning political crisis in Washington, with reports that President Donald Trump tried to interfere with an investigation into his campaign's links with Russia before firing his FBI chief. The Thai stock market outperformed a bit as buying in heavyweight energy stocks offset a selling spree in banks expected to be hurt by lending rate cuts.
Scepticism about Trump tax plan keeps stocks in check
Business, Published on 01/05/2017
» Recap: Cautious optimism over the US President Donald Trump's radical tax reform and concern about global trade and "America First" policies kept investors' appetite for risky assets in check last week. Concerns about an uptick in bad loans at large banks and the arrival of the XD season triggered a selling spree in the Thai stock market.