Showing 1 - 10 of 27
Asian shares rally on upbeat US outlook
Business, Published on 17/08/2024
» RECAP: Asian stocks rallied on Friday as traders flocked back into risk assets after robust US jobs and retail sales data eased recession concerns.
Wall Street bounce helps lift Asian shares
Business, Published on 10/08/2024
» RECAP: Asian shares were poised to end a tough week on an upbeat note after Wall Street bounced overnight and data showed China taking a step away from deflation, while Japanese stocks managed to sustain an early rally.
Thai stocks join global slump
Published on 05/08/2024
» The Stock Exchange of Thailand (SET) index plunged nearly 3% on Monday as other Asian equities tumbled to multi-year lows on fears that the US economy is falling into a recession, coupled with rising tensions in the Middle East.
Shorter holding period for tax-deductible funds considered
Business, Wichit Chantanusornsiri, Published on 19/06/2024
» The Finance Ministry is considering measures to support the stock market, particularly shortening the holding period for tax-deductible stock mutual funds as an incentive for investors.
Traders forecast further gains for gold
Business, Nuntawun Polkuamdee, Published on 10/06/2024
» YLG Bullion International recommends investors accumulate gold amid ongoing price consolidation as gold traders believe prices will rise in the medium to long term, particularly after the Federal Reserve cuts interest rates in the second half of this year.
Thai stocks hit by stubbornly high rates
Business, Nuntawun Polkuamdee, Published on 07/06/2024
» The expectation that US interest rates will remain "high for longer" continues to pressure stock investments globally, with funds flowing out of emerging markets including Thailand, according to the Stock Exchange of Thailand (SET).
Slowdown weighs on current account
Business, Nareerat Wiriyapong, Published on 16/05/2024
» Thailand's waning appeal in terms of attracting foreign direct investment (FDI), an uneven tourism recovery and the currency outlook are pressuring the country's current account surplus, which is still below the pre-pandemic level, says BMI, a Fitch Solutions company.
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.
Asian shares slump as Mideast risk rises
Published on 20/04/2024
» RECAP: Asian stocks plunged yesterday as broad risk aversion swept through markets on escalating tensions between Iran and Israel and worries about higher-for-longer US rates.
Shares dip amid rate uncertainty, high oil prices
Business, Published on 06/04/2024
» RECAP: Shares in Asia declined yesterday, tracking US stocks as interest rate uncertainty, high oil prices and geopolitical tensions weighed on sentiment.