Showing 1 - 10 of 13
Listed firms' profits up 9.7% in H1
Business, Nuntawun Polkuamdee, Published on 27/08/2024
» Net profits of listed companies on the Stock Exchange of Thailand surged 9.7% year-on-year in the first half of 2024 to 519 billion baht as sales grew 6.3% over the period to 8.96 trillion baht, buoyed by a significant recovery in tourism and rising oil prices.
Malaysia shines as foreign investors return, as Thailand stumbles
Reuters, Published on 22/08/2024
» SINGAPORE - Malaysia is fast becoming a haven in Southeast Asia and foreign investors are returning to a long-overlooked market as a confluence of improving growth, stable government and rising currency sets it apart among peers grappling with political flux.
Crypto here to stay
Nuntawun Polkuamdee, Published on 19/08/2024
» Amid a global economic slowdown and geopolitical risks, cryptocurrencies are making a comeback, ranking among the world's top-performing assets in the first seven months of 2024 along with Nvidia, one of the "Magnificent 7" tech stocks on the US stock exchange.
Asian shares rally on upbeat US outlook
Business, Published on 17/08/2024
» RECAP: Asian stocks rallied on Friday as traders flocked back into risk assets after robust US jobs and retail sales data eased recession concerns.
Wall Street bounce helps lift Asian shares
Business, Published on 10/08/2024
» RECAP: Asian shares were poised to end a tough week on an upbeat note after Wall Street bounced overnight and data showed China taking a step away from deflation, while Japanese stocks managed to sustain an early rally.
Scandal stalks stocks
Published on 22/07/2024
» The Stock Exchange of Thailand (SET) was recently hit by an accounting and embezzlement scandal at Stark Corporation, which is estimated to have cost at least 14.7 billion baht in damages to shareholders and stock investors.
Uptick rule helping to make SET more robust
Business, Published on 20/07/2024
» The Thai stock market has become more robust over the past three weeks following the introduction of an uptick rule that has helped tighten control over short-selling and reduced volatility.
Bitcoin falls to lowest since Feb
Bloomberg News, Published on 05/07/2024
» SINGAPORE - Bitcoin sank for a fourth consecutive trading session, part of a wider crypto selloff that contrasts with recent record highs in global stocks.
Morningstar touts global bond funds' popularity
Nuntawun Polkuamdee, Published on 01/07/2024
» Global bond funds have been popular over the past year and a half, attracting investments worth 88 billion baht and generating an average return of 0.50% this year to date, according to Morningstar Research (Thailand).
Bitcoin miners pivot to Southeast Asia after China crackdown
Bloomberg News, Published on 14/06/2024
» KUALA LUMPUR - The 17-acre cement slab in the middle of a Borneo industrial area once belonged to a logging company. Long ago that business abandoned the site to the elements, leaving just rudimentary structures and a four-story-tall concrete birdhouse made to lure swiftlets whose nests, built with saliva, fetch high prices in China.