Showing 21 - 30 of 559
Gold stays buoyant as Asian bourses rally
Business, Nareerat Wiriyapong, Published on 09/05/2023
» Gold prices bounced back and managed to stay buoyant on Monday as Asian stocks advanced while investors awaited key US inflation data due later this week that could influence the Federal Reserve's (Fed) monetary policy stance.
Asian stocks fall amid fears of recession
Business, Nareerat Wiriyapong, Published on 25/04/2023
» The Stock Exchange of Thailand slipped on Monday with Asian bourses broadly down, as investors trimmed risks following a drop in US equity futures, while analysts raised concerns about financial sector stress, saying recession fears are growing.
Fitch expects growth to be restricted to 3% this year
Business, Nareerat Wiriyapong, Published on 04/04/2023
» The Thai economy is set to expand by only 3% this year, well below the Bank of Thailand's forecast of 3.6%, due to rising risks of a deeper slowdown in the global economy stemming from increasing uncertainty and banking stresses in the US and Europe, said Fitch Solutions.
SET urges caution after Delta surges to new high
Business, Nareerat Wiriyapong, Published on 01/04/2023
» The Stock Exchange of Thailand (SET) has told investors to exercise caution when trading shares of Delta Electronics Plc after the price surged for three consecutive days to reach an all-time high of more than 1,100 baht yesterday.
SET warns stock investors over Delta shares
Nareerat Wiriyapong, Published on 31/03/2023
» The Stock Exchange of Thailand (SET) has issued a statement warning investors to exercise caution when trading shares of Delta Electronics Plc (Delta) after the price surged for three consecutive days to reach its all time high of more than 1,100 baht apiece on Friday.
SET upbeat after Fed hikes rates
Business, Nareerat Wiriyapong, Published on 24/03/2023
» The Thai stock market traded higher on Thursday, bucking overnight drops on Wall Street as most regional bourses were sanguine following Federal Reserve hints that further tightening is possible, while Treasury Secretary Janet Yellen said there is no plan for "blanket" deposit insurance.
Gold skyrockets as banks still wobble
Business, Nareerat Wiriyapong, Published on 21/03/2023
» Gold prices passed US$2,000 for the first time in more than a year on Monday as UBS's recent takeover of its Swiss rival Credit Suisse for $3.2 billion failed to assure investors about ongoing bank woes.
Regional banks safe from US contagion
Business, Nareerat Wiriyapong, Published on 18/03/2023
» Asia-Pacific banks are resilient to risks related to the failures of their US peers, says Fitch Ratings, noting that regional banks have limited direct exposure to Silicon Valley Bank (SVB) and Signature Bank.
Bleak economic view for Asia
Business, Nareerat Wiriyapong, Published on 11/03/2023
» Thailand and China are among the lone bright spots in Asia, projected to have higher real GDP growth this year even as the rest of the region is battered by unfavourable global economic conditions and geopolitical tensions, according to global trade insurer Atradius.
Baker Tilly Asia expansions
Business, Nareerat Wiriyapong, Published on 02/03/2023
» Thailand and other Asia Pacific countries hold great opportunity for their economy to grow and for Baker Tilly to expand its presence here after the London-based global accounting firm posted a record revenue of US$1 billion from this region last year, executives say.