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Search Result for “SET index”

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BUSINESS

Gold stays buoyant as Asian bourses rally

Business, Nareerat Wiriyapong, Published on 09/05/2023

» Gold prices bounced back and managed to stay buoyant on Monday as Asian stocks advanced while investors awaited key US inflation data due later this week that could influence the Federal Reserve's (Fed) monetary policy stance.

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BUSINESS

Asian stocks fall amid fears of recession

Business, Nareerat Wiriyapong, Published on 25/04/2023

» The Stock Exchange of Thailand slipped on Monday with Asian bourses broadly down, as investors trimmed risks following a drop in US equity futures, while analysts raised concerns about financial sector stress, saying recession fears are growing.

BUSINESS

SET upbeat after Fed hikes rates

Business, Nareerat Wiriyapong, Published on 24/03/2023

» The Thai stock market traded higher on Thursday, bucking overnight drops on Wall Street as most regional bourses were sanguine following Federal Reserve hints that further tightening is possible, while Treasury Secretary Janet Yellen said there is no plan for "blanket" deposit insurance.

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BUSINESS

Asian equities jump on Fed hints

Business, Nareerat Wiriyapong, Published on 03/02/2023

» Asian stock markets broadly advanced on Thursday as currencies rose following Federal Reserve chairman Jerome Powell mention that the US central bank might soon shift its focus from taming inflation to curbing the economic slowdown.

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BUSINESS

Asia tracks Wall Street decline

Business, Nareerat Wiriyapong, Published on 16/12/2022

» The Stock Exchange of Thailand (SET) and most Asian bourses sagged yesterday, tracking overnight declines on Wall Street, as the Federal Reserve reiterated that US interest rates next year will be higher than previous market estimates, raising fears of a recession.

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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.

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BUSINESS

Waiting for China

Asia focus, Nareerat Wiriyapong, Published on 23/05/2022

» Since China began to open up and reform its economy in 1978, growth has averaged almost 10% a year, and more than 800 million people have been lifted out of poverty. There have also been significant improvements in access to health, education and other services, with the mainland now an upper-middle-income country.

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BUSINESS

Asean's next move

Asia focus, Nareerat Wiriyapong, Published on 29/11/2021

» The coronavirus pandemic has taken a severe toll on Asean countries again this year, with millions infected and tens of thousands of fatalities. While the worst of the surge appears to have passed, recovery will depend on pandemic management, especially the pace and efficacy of vaccinations, and response to the risks of new variants emerging.

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BUSINESS

Journeys of discovery

Asia focus, Nareerat Wiriyapong, Published on 16/08/2021

» Sipping green tea after having a Thai lunch at his house, Farid Bidgoli looks relaxed yet energetic, and ready for an interview. From his appearance and accent, the 42-year-old executive looks exactly like someone from the UK where he was born, though he is half Iranian with a spirit inherited from his father.

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BUSINESS

Closing the gap

Asia focus, Nareerat Wiriyapong, Published on 12/04/2021

» Events of the past 12 months have permanently changed both the nature of the workplace and women's opportunities within it. The Covid-19 pandemic has led to more flexible working practices, new leadership traits are coming to the fore, and the need for a diverse workforce and inclusive culture has never been more apparent.