Showing 61 - 70 of 5,406
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.
Analysts expect steady policy rate at 2.5%
Business, Nareerat Wiriyapong, Published on 09/08/2024
» The Bank of Thailand is expected to hold the policy rate steady at 2.5% at its meeting later this month, with inflation rising slowly back to the target range, say economists who are urging government stimulus measures to drive the slowing economy in addition to the digital wallet scheme.
Investor confidence index turns bearish in July
Nuntawun Polkuamdee, Published on 07/08/2024
» The Federation of Thai Capital Market Organizations's (Fetco) Investor Confidence Index (ICI) retreated to the bearish zone last month, dragged down by concerns over intensified geopolitical conflicts, the direction of the Federal Reserve (Fed) and Thailand's slowing economy.
Baht faces volatility with US under pressure to cut rates
Business, Somruedi Banchongduang, Published on 07/08/2024
» The baht is expected to experience higher volatility and a weaker trend this week, pressured by uncertainties surrounding the US dollar and the Federal Reserve's monetary policy direction.
SCCC Reports Impressive H1 2024 Results Amid Multiple External Challenges
Published on 07/08/2024
» Siam City Cement Public Company Limited (SCCC), a leading player in the cement industry for over five decades, has reported an impressive financial performance for the first half of 2024, demonstrating significant growth and strategic adaptability in a challenging economic environment.
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.
Credit card minimum payment to stay at 8% until end-2025
Published on 03/08/2024
» The Bank of Thailand will keep the minimum monthly payment rate on credit cards at 8% for another year, to the end of 2025, to help reduce the burden of debt repayment, especially for vulnerable groups.
Global sell-off intensifies on signs of US weakness
Business, Published on 03/08/2024
» RECAP: A global stock sell-off intensified yesterday as concerns grew over the health of the US economy and disappointing forecasts from major tech firms. Japanese shares plunged on expectations for more interest-rate hikes, further darkening the mood.
Bank of Thailand plans to further relax foreign exchange rules
Business, Somruedi Banchongduang, Published on 02/08/2024
» The Bank of Thailand (BoT) plans to further ease foreign exchange regulations to support the ease of doing business and enhance the country's foreign exchange ecosystem in the long run.
Bank of England cuts rates for first time since 2020
Published on 01/08/2024
» LONDON - The Bank of England cut interest rates from a 16-year high on Thursday after a tight vote by policymakers who were split over whether inflation pressures had eased sufficiently.