Showing 51 - 60 of 564
MPC rate hike of 0.5% could shore up baht
Business, Nuntawun Polkuamdee, Published on 27/09/2022
» An interest rate hike of at least 0.5% by the Bank of Thailand's Monetary Policy Committee (MPC) tomorrow would be enough to shore up the baht, which has depreciated by 11.5% against the greenback this year to date, analysts said.
Sell-off continues as inflation fight stepped up
Business, Nuntawun Polkuamdee, Published on 24/09/2022
» RECAP: Asian markets fell again yesterday and the dollar extended gains amid a global sell-off fuelled by growing recession fears as central banks around the world ramped up interest rates to fight decades-high inflation.
Apple, Tesla focus of new fractional trade
Business, Nuntawun Polkuamdee, Published on 23/09/2022
» The Stock Exchange of Thailand (SET) and state-owned Krungthai Bank (KTB) are launching fractional depositary receipts (DRx), a tool that can help investors buy a part of leading global companies such as Apple and Tesla Inc.
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.
SEC in talks over digital asset funds
Business, Nuntawun Polkuamdee, Published on 15/09/2022
» The Association of Investment Management Companies (AIMC) is in talks with the Securities and Exchange Commission (SEC) over plans to let asset managers set up funds that invest in digital assets, providing an alternative option for young people.
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.
SEC tightens rules for digital asset ads
Business, Nuntawun Polkuamdee, Published on 02/09/2022
» The Securities and Exchange Commission (SEC) took steps yesterday to tighten the rules governing the digital asset market and penalise businesses that breach regulations.
Markets plunge on US rate hike fears
Business, Nuntawun Polkuamdee, Published on 30/08/2022
» Thai and other Asian stock markets tumbled on Monday, with the regional benchmark approaching a two-year low last seen in mid-July, as investors fled risk assets after the US Federal Reserve signalled that it would keep raising interest rates to rein in inflation.
ASPS increases 2022 profit forecast for listed Thai firms
Business, Nuntawun Polkuamdee, Published on 24/08/2022
» Asia Plus Securities (ASPS) has upgraded its profit forecast for listed companies in 2022 to 1.13 trillion baht as it is expecting Thailand's economic growth rate will continue to expand in the second half.
Jitta anticipates investment opportunities in Asian stocks
Business, Nuntawun Polkuamdee, Published on 23/08/2022
» Jitta Wealth Asset Management, a private fund management firm, expects Asian stocks to enjoy greater investment opportunities during the remainder of this year as investment sentiment is moving away from the West towards the Asian region amid global volatility.