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Search Result for “bets”

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BUSINESS

Gold faces price fall amid rising inflation

Nareerat Wiriyapong, Published on 17/03/2026

» Gold prices could slide below US$5,000 an ounce if rising energy prices and mounting inflation concerns stemming from war in the Middle East prompts the Federal Reserve's meeting this week to signal fewer or no interest rate cuts this year, traders say.

BUSINESS

Domestic gold prices head for new high

Nareerat Wiriyapong, Published on 25/09/2024

» Domestic gold prices are on course to surpass the previous high of 42,150 baht per baht-weight (15.2 grammes) as global prices stayed near an all-time high, approaching $2,700 an ounce, say local traders.

BUSINESS

Baht set to continue to rise

Business, Nareerat Wiriyapong, Published on 17/09/2024

» The baht could appreciate further, after hitting a 19-month high of 32.2 baht to the dollar on Monday, if the US Federal Reserve cuts interest rates deeper than 25 basis points at its meeting this week, as falling US inflation could prompt the central bank to deliver an outsized rate cut.

BUSINESS

Delta bets on hot tech sectors

Business, Nareerat Wiriyapong, Published on 29/06/2024

» As global electronics demand is projected to pick up in the second half of 2024 following inventory destocking, Delta Electronics (Thailand) expects to be a beneficiary thanks to its product mix, continued expansion and geopolitical diversification.

BUSINESS

SET rides Asian market upswell

Business, Nareerat Wiriyapong, Published on 02/12/2022

» The Stock Exchange of Thailand (SET) joined an Asian rally yesterday, a day after Thailand lifted its key interest rate, as investors took heart from the Federal Reserve chairman's remarks on US rate hikes and signs China is easing its Covid-19 measures.