Showing 1 - 10 of 84
Asian markets jump as US inflation cools
Business, Published on 15/07/2023
» RECAP: Asian stocks rose for a fifth straight day on Friday, on course for their best week this year, as cooling US inflation stoked speculation that the Federal Reserve could pause interest-rate increases after this month.
Delay poses risks to the economy
Business, Phusadee Arunmas, Published on 14/07/2023
» The University of the Thai Chamber of Commerce (UTCC) expects a prolonged delay in the selection of a prime minister and formation of a new government, leading to protests that, if violent, will significantly affect tourism revenue, causing a loss of 500 billion baht, or a one percentage point decline in GDP.
Companies on edge regarding delay
Business, Post Reporters, Published on 13/07/2023
» The private sector has grown increasingly concerned about the delay in the new government’s formation, which could affect new investments and the tourism sector.
Baht posts biggest gain in a week
Published on 11/07/2023
» The baht and the South Korean won led gains among Asian currencies in an overall positive session on Tuesday as the dollar lost ground after US Federal Reserve officials signalled their rate-tightening cycle was nearing its end.
Chinese tourists can help pull baht out of political morass: analysts
Published on 26/06/2023
» The baht slid to the lowest level since March last week but some believe it will bounce back in coming months.
Asian equities gain on hopes for Fed pause
Business, Published on 10/06/2023
» RECAP: Most Asia-Pacific equity markets rose on Friday to their highest level since mid-February, taking cues from an overnight Wall Street rally as bets firmed that the US Federal Reserve would not raise interest rates next week.
Playing the waiting game
Business, Published on 29/05/2023
» Before May 14, many investors and analysts were hopeful that the general election could reverse the "sell in May" phenomenon, which refers to the Thai bourse traditionally underperforming during the hot, dry months.
Coalition talks spook markets amid split over LM
Bloomberg News, Published on 19/05/2023
» Thailand’s pro-democracy parties faced built-in obstacles to forming a government even before a historic win in Sunday’s general election. Now that resistance is starting to take shape, making investors wary of a protracted political uncertainty.
Stocks rise as political fears subside
Business, Nareerat Wiriyapong, Published on 19/05/2023
» The Stock Exchange of Thailand (SET) returned to positive territory on Thursday after falling for three consecutive days following Sunday's election, with the victorious Move Forward Party (MFP) announcing a plan to form a coalition government with 313 members of parliament.
Rahm wins Masters crown to reclaim World No.1 spot
AFP, Published on 10/04/2023
» AUGUSTA (UNITED STATES) - Jon Rahm delivered tension-packed clutch shots down the stretch on Sunday to win the Masters, capturing his second major title to reclaim the world number one ranking.