Showing 1 - 10 of 14
Set edges up despite Asian dip on China worries
Business, Published on 25/05/2015
» Recap: US and European stocks marched up last week with the Dow Jones and S&P hitting records as weak housing sales and manufacturing data suggested a delay in a Federal Reserve interest-rate increase. Most Asian markets retreated, especially in China, on worries over economic health of the world's second largest economy.
Quiet week for stocks ahead of Greek deal Deal
Business, Published on 23/02/2015
» Recap: Global stock markets shrugged off anxiety over Greece's debt problems before a resolution late Friday spurred Wall Street to new highs. With most markets in Asia closed for Lunar New Year, the Thai stock market fell slightly on profit-taking after failing to breach the resistance at 1,620 points.
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Business, Published on 01/09/2014
» Recap: Wall Street scaled new heights on upbeat US economic indicators, while Asian stock markets were bolstered by expectations of more stimulus from the European Central Bank. The Thai stock market moved in a narrow range amid an absence of fresh positive factors.
Capital controls: Govt & central bank working together
Jon Fernquest, Published on 29/05/2013
» Short-term investment money flowing into Thai stock & bond markets from US, EU & Japan QE monetary policy causing strong baht, hurting export sector.
SET index dives 50.55 points
Published on 22/03/2013
» Thai stocks plunged 3.3% on Friday, their biggest one-day decline since October 2011, on investor concern that regulators may increase margin requirements for trading to curb speculation.
Thailand to keep rates as growth holds
Published on 24/07/2012
» Thailand and the Philippines are likely refrain from cutting interest rates this week as the Southeast Asian economies withstand a global growth slowdown that spurred policy easing from Brazil to China, according to economists.
Central bank: New revenue hunt
Jon Fernquest, Published on 15/02/2012
» 24 years still likely to pay off FIDF 1997 crisis debt recently shifted to Bank of Thailand in possibly unconstitutional bypassing of parliament by executive decree.
New tax on bank deposits
Jon Fernquest, Published on 14/02/2012
» Bank deposit tax hike from 0.4% to 0.47% (0.01% for deposit insurance, 0.46% for lingering 1997 crisis debt). Same tax for state & commercial banks now.
Govt vs. Bank of Thailand
Jon Fernquest, Published on 25/01/2012
» Politicians dump 1997 crisis debt on banking sector with tax on bank deposits (govt banks exempt) law made in cabinet, not parliament.