Showing 1 - 10 of 300
Upbeat ETF outlook spurs Ethereum
Business, Nuntawun Polkuamdee, Published on 24/05/2024
» Ethereum prices have rallied by about 20% in recent days, hovering around US$3,800 on Thursday amid growing optimism that the US Securities and Exchange Commission (SEC) will approve this week one or more exchange-traded funds (ETFs) that invest directly in the world's second-biggest cryptocurrency by market capitalisation.
Measures lined up to revive stock market
Business, Nuntawun Polkuamdee, Published on 21/05/2024
» Three capital market organisations will meet on Tuesday to reach a final conclusion on the tax-deductible funds they want to propose to the Finance Ministry, hoping to revive investments in good fundamental stocks in the Thai stock market.
Gold hits all-time high amid geopolitical strife
Business, Nuntawun Polkuamdee, Published on 21/05/2024
» Gold prices soared to an all-time high of US$2,450 an ounce on Monday, as a slowing inflation trend in the US increased optimism that the Federal Reserve will start easing monetary policy this year, while geopolitical tension in the Middle East is on the increase.
Bourse chief application period extended
Business, Nuntawun Polkuamdee, Published on 01/05/2024
» The Stock Exchange of Thailand (SET) is extending the application period for president of the bourse by 15 days to May 15 after no one applied for the position, attributed to the sluggish performance of the exchange.
SET bounces back as war fears ease
Business, Nuntawun Polkuamdee, Published on 23/04/2024
» The Thai stock market rebounded sharply on Monday, rising by about 1.3%, as other regional bourses also bounced back from sharp losses on Friday as investors believe a full-blown war in the Middle East is unlikely while the People's Bank of China (PBOC) opted to keep interest rates unchanged.
Bourse reshapes liquidity criteria
Business, Nuntawun Polkuamdee, Published on 19/04/2024
» The Stock Exchange of Thailand (SET) plans to revise liquidity criteria for securities to enter the SET50 and SET100 indices, with the revised criteria subject to a public hearing until April 26.
Property stimulus bump to lift Thai stock market
Business, Nuntawun Polkuamdee, Published on 12/04/2024
» The recently approved property stimulus measures should help the Thai stock market as they significantly lower costs for homebuyers, with the cuts to transfer and mortgage fees applying to up to 70% of the units available in the property market.
SEC amends rules on spot Bitcoin ETFs
Business, Nuntawun Polkuamdee, Published on 12/03/2024
» The Securities and Exchange Commission (SEC) has permitted asset management firms to launch private funds for investing in spot Bitcoin exchange-traded funds (ETFs) but only institutional investors and ultra-high-net-worth investors will be able to invest in such funds.
Foreign investment funds tipped to expand
Business, Nuntawun Polkuamdee, Published on 20/02/2024
» Krungsri Asset Management (KSAM) expects foreign investment funds (FIFs) to continue to grow in 2024 as Thailand's gross domestic product (GDP) expands less than other economies in the region, while the volatile local bourse is without a clear growth outlook.
Foreign capital rebounds on Thai bourse
Business, Nuntawun Polkuamdee, Published on 08/02/2024
» Foreign capital started to flow into the Thai stock market in the first week of February, tallying 7.9 billion baht in anticipation of global interest rates falling later this year, says the Stock Exchange of Thailand (SET).