Showing 41 - 50 of 1,819
Most Asian shares rise, oil prices up after Saudi output cuts
Published on 05/06/2023
» SYDNEY: Most Asian share markets rose on Monday on optimism the Federal Reserve would pause its rate hikes this month after a mixed US jobs report, while oil prices jumped after Saudi Arabia pledged big output cuts.
Timeline unnerves some sectors
Business, Post Reporters, Published on 05/06/2023
» The Move Forward Party (MFP) and seven coalition political parties are expected to ascend to power in early August.
Investors cheer end of US debt drama
Business, Published on 05/06/2023
» RECAP: Asian stocks advanced on Friday, buoyed by the passage of an agreement that averts a US debt default. Hopes that the US Federal Reserve will decide against lifting interest rates this month also lifted sentiment.
Look for growth stocks that lagged the market
Business, Published on 03/06/2023
» The SET Index looks vulnerable to concerns about the transfer of political power and the coming Federal Reserve meeting. The index could plummet if investors lack confidence in the new government and if the Fed hikes its short-term rate at a faster pace than expected. Among factors affecting the market:
Asia's factories signal more pain as China recovery falters
Bloomberg News, Published on 01/06/2023
» SINGAPORE: Asia’s factories saw further easing in demand in May as China's faltering recovery weighed on a region already smarting from a global trade downturn.
Investors fret as Chinese factories decelerate
Business, Nareerat Wiriyapong, Published on 01/06/2023
» Economists are concerned about a weakening Chinese economy, saying the mainland's shaky recovery from the pandemic has pressured regional stock markets and the Thai economy.
DBSV gauges impact of proposed tax hike
Business, Nuntawun Polkuamdee, Published on 30/05/2023
» A proposal put forward by the Move Forward Party (MFP) to hike the corporate tax rate could cause the profitability of large-cap companies on the Stock Exchange of Thailand (SET) to fall 3.5-3.7%, says DBS Vickers Securities (DBSV).
Stark shares return from SET suspension for one month
Business, Nareerat Wiriyapong, Published on 30/05/2023
» Shares of Stark Corporation (STARK) return to trade for a period of one month starting on Thursday for cash accounts, but the suspension (SP) sign will be reposted on the stock from July 1 if the company fails to submit its complete financial statements by that date, says the Stock Exchange of Thailand (SET).
Playing the waiting game
Business, Published on 29/05/2023
» Before May 14, many investors and analysts were hopeful that the general election could reverse the "sell in May" phenomenon, which refers to the Thai bourse traditionally underperforming during the hot, dry months.
Markets fear long post-poll vacuum
Published on 24/05/2023
» Volatility is rising in the country’s financial markets amid concern that investors will have to wait until August to find out whether the Move Forward-led coalition will really be able to form a new government.