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Search Result for “bangkok post”

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BUSINESS

Lingering bank worries keep lid on Asian shares

Business, Nuntawun Polkuamdee, Published on 25/03/2023

» RECAP: Asian shares came under pressure yesterday after lingering banking stability concerns gripped Wall Street, while bond markets bet that recent rate hikes by central banks will be among the last of the cycle, allowing for policy relief later in the year.

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BUSINESS

SCBAM eyes 3-5% growth in assets

Business, Nuntawun Polkuamdee, Published on 24/03/2023

» SCB Asset Management (SCBAM) aims to grow its assets under management (AUM) by 3-5% this year from 1.6 trillion baht recorded in 2022.

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BUSINESS

Bitcoin price set to surge if Federal Reserve keeps rates steady

Business, Nuntawun Polkuamdee, Published on 23/03/2023

» While gold prices have edged down, the price of Bitcoin stayed above US$28,000, its highest level in 10 months, for a second straight day on Wednesday, with experts predicting it might go up further if the US Federal Reserve does not raise interest rates this week.

BUSINESS

Analysts pick modest Fed rate increase

Business, Nuntawun Polkuamdee, Published on 22/03/2023

» Kasikorn Research Center (KResearch) expects the United States Federal Reserve (Fed) to increase interest rates by 0.25% on Wednesday to tame inflation as the banking crisis in the US and Europe has eased somewhat.

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BUSINESS

Analysts pick modest Fed rate increase

Nuntawun Polkuamdee, Published on 21/03/2023

» Kasikorn Research Center (KResearch) expects the Federal Reserve to increase interest rates by 0.25% on Wednesday to tame inflation as the banking crisis in the US and Europe has eased somewhat.

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BUSINESS

SET rides Asian rebound as bank worries ease

Business, Nuntawun Polkuamdee, Published on 18/03/2023

» RECAP: Asian equities advanced yesterday after a rescue package for First Republic Bank fuelled a rebound in US shares. Even so, the MSCI gauge of Asian shares recorded a second weekly loss after the recent turbulence in the global banking sector.

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BUSINESS

SET chief allays fear about Credit Suisse

Nuntawun Polkuamdee, Published on 16/03/2023

» The president of the Stock Exchange of Thailand (SET) has rushed to calm investors’ concerns regarding the troubles of Credit Suisse and global anxiety about banks in general.

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BUSINESS

Mutual and pension funds tamp down concerns

Business, Nuntawun Polkuamdee, Published on 16/03/2023

» The Association of Investment Management Companies (AIMC) and the Government Pension Fund (GPF) yesterday issued a statement announcing they have no direct investment in the assets of the collapsed Silicon Valley Bank (SVB).

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BUSINESS

Brokerages announce downbeat outlook

Business, Nuntawun Polkuamdee, Published on 13/03/2023

» The total value of securities traded on the Stock Exchange of Thailand is expected to decrease this year from 2022 as concerns about the global economic slowdown and US interest rate hikes affect investor confidence, says the Association of Securities Companies (Asco).

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BUSINESS

Asia follows Wall Street down, SET falls below 1,600

Business, Nuntawun Polkuamdee, Published on 11/03/2023

» RECAP: Asian shares slumped on Friday, with the SET closing below 1,600 points, following a sharp decline on Wall Street amid concern that pockets of trouble in the US banking sector could portend broader dangers.