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GENERAL

African ports struggle with spike in ship traffic

Published on 22/12/2023

» CAPE TOWN - Shipping companies sailing around the Cape of Good Hope to avoid Houthi attacks on the Red Sea face tough choices over where to refuel and restock, as African ports struggle with red tape, congestion and poor facilities, companies and analysts say.

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INVESTMENT

Asian equity rally powered by rate-cut optimism

Business, Published on 16/12/2023

» RECAP: Most Asian equities extended their rallies yesterday, while currencies held onto recent gains amid a bout of Fed-fuelled optimism, after the US central bank flagged likely rate cuts next year.

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BUSINESS

TFG preps retail expansion

Business, Pitsinee Jitpleecheep, Published on 12/05/2023

» Thaifoods Group Plc (TFG), one of the country's leading chicken and pig producers, looks set to spend 3-3.5 billion baht to expand its business this year, especially through the opening of new retail outlets.

BUSINESS

Pre-holiday cheer lifts many Asian bourses

Business, Nuntawun Polkuamdee, Published on 21/01/2023

» RECAP: Asian stocks shook off worries about rising interest rates and economic risks to advance yesterday as many investors took profits before the Lunar New Year holiday closes many markets in the region next week.

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BUSINESS

Asian shares fall as rate fears return

Business, Nuntawun Polkuamdee, Published on 08/10/2022

» RECAP: Asian markets fell yesterday as optimism that had fuelled earlier buying gave way to nervousness ahead of a US jobs report that could determine Federal Reserve rate hike plans.

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BUSINESS

Asian markets sell off amid recession worries

Business, Nuntawun Polkuamdee, Published on 17/09/2022

» RECAP: Asian markets sold off sharply on Friday and Europe followed as investors braced for a hefty US rate hike next week amid growing concerns of a global recession following warnings from the World Bank and the International Monetary Fund.

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BUSINESS

Positioning for a fourth-quarter take-off

Business, Published on 10/09/2022

» August was good to the Stock Exchange of Thailand with the index moving up 62.52 points, or 4% month-on-month, to close at 1,638.93 points. Average daily turnover improved significantly, climbing 21% to 70.7 billion baht, from only 58.3 billion in July.

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BUSINESS

SET loses ground after 4% gain in August

Business, Nuntawun Polkuamdee, Published on 03/09/2022

» RECAP: Global stock markets lost ground this week as investors assessed the impact of more US interest rate hikes and tensions over Taiwan. External factors remained the key factors affecting market sentiment in Asia including Thailand.

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BUSINESS

Inflation fears continue to sap global sentiment

Business, Published on 02/07/2022

» Recap: Global shares were mixed yesterday as concerns over inflation, the global economic slowdown and the prolonged Russia-Ukraine war continue to weigh on investor sentiment.

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BUSINESS

Rate worries lead to worst week of the year on SET

Business, Published on 18/06/2022

» Recap: Asian shares were mixed while European shares rebounded yesterday as investors digested policy tightening by major central banks.