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Search Result for “Philippines”

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BUSINESS

Regional shares retreat, foreign selling continues

Business, Nuntawun Polkuamdee, Published on 11/02/2023

» RECAP: Asia-Pacific stocks retreated on Friday, slumping towards a second weekly loss as investors fretted about the potential for further US Federal Reserve tightening.

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BUSINESS

Asian bourses advance but SET could see volatility

Business, Nuntawun Polkuamdee, Published on 04/02/2023

» RECAP: Most Asian stock markets rose yesterday while currencies fell against a firmer US dollar, as investors awaited a key US jobs report for more clues about interest rates after mixed signals from global central banks.

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BUSINESS

SET gains as Asian bourses enjoy upbeat week

Business, Nuntawun Polkuamdee, Published on 28/01/2023

» RECAP: Asian stocks rose on Friday and were poised for their fifth straight week of gains as China's reopening and data highlighting a resilient US economy boosted investor sentiment.

BUSINESS

Slight stock uptick after England rejig

Business, Nuntawun Polkuamdee, Published on 30/09/2022

» The Stock Exchange of Thailand (SET) and other Asian bourses were broadly up yesterday in early trade on the expectation that several central banks will follow the Bank of England's move by injecting liquidity to shore up their currencies, according to analysts.

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BUSINESS

Sell-off continues as inflation fight stepped up

Business, Nuntawun Polkuamdee, Published on 24/09/2022

» RECAP: Asian markets fell again yesterday and the dollar extended gains amid a global sell-off fuelled by growing recession fears as central banks around the world ramped up interest rates to fight decades-high inflation.

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BUSINESS

MA5 Bot seeks pole position in SE Asia

Business, Nuntawun Polkuamdee, Published on 14/09/2022

» MA5 Bot, an automated cryptocurrency trading platform, targets becoming Southeast Asia's No.1 player in the segment, with projected trading value of more than 9 billion baht and 6,000 additional users this year.

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BUSINESS

Fetco warns of coming crisis as economic risks increase

Business, Nuntawun Polkuamdee, Published on 08/09/2022

» Emerging markets could slip into financial and economic crisis over the next 1-3 years amid frequent US interest rate increases, the Federation of Thai Capital Market Organizations (Fetco) said on Wednesday, warning investors to exercise caution as risks emerge.

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BUSINESS

SET sentiment buoyed by record earnings

Business, Nuntawun Polkuamdee, Published on 20/08/2022

» RECAP: The SET Index surged at midweek after listed firms reported record-high second-quarter earnings of 350 billion baht, reviving investor confidence, before easing back on profit-taking yesterday. US equities were rangebound, reflecting mixed opinions on economic data and uncertainty about the size of the Fed's next interest-rate increase.

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BUSINESS

Bitkub eyes overseas crypto expansion after stellar 2021

Business, Nuntawun Polkuamdee, Published on 05/01/2022

» Bitkub Online, the country's leading digital asset exchange, aims to increase its customer base to 7 million and expand its services abroad this year, starting in Southeast Asia.

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BUSINESS

Covid, China worries and Fed keep shares in check

Business, Nuntawun Polkuamdee, Published on 21/08/2021

» Recap: Global shares fell for the fifth straight day yesterday as investors fretted about the spread of the Delta coronavirus variant, slowing Chinese growth and the timing of Federal Reserve stimulus reduction. The US dollar continued to rise as a safe haven after hitting nine-month high on Thursday.