Showing 1 - 10 of 30
Asian shares ease back on profit-taking
Business, Published on 22/06/2024
» RECAP: Asian shares ended the week with a whimper after a recent rally to 26-month highs drew profit-taking, while the relentless strength in the US dollar pushed the Japanese yen towards the intervention zone.
Oil prices remain under pressure after the OPEC policy change to increase oil production
Published on 18/06/2024
» ICE Brent crude oil prices have been hovering around $80 to $90 per barrel since early February, supported by OPEC+ crude oil production cuts and conflicts in the Middle East. However, at the beginning of June, prices fell back below $80 per barrel after an OPEC+ policy change. On June 2nd, the OPEC+ group decided to increase oil production by a total of 2.2 million barrels per day (0.18 million barrels per day per month from October to December 2024 and 0.213 million barrels per day per month from January – September 2025) which is the main supply pressure on prices. PTT Trading’s international market analysis team predicts that ICE Brent crude prices will range between $75 and $85 per barrel in Q3 2024.
Bitcoin drops to one-month low in broad crypto market selloff
Bloomberg News, Published on 18/06/2024
» NEW YORK - Bitcoin slid to a one-month low as outflows from digital-asset investment products and the prospect of higher-for-longer US borrowing costs sapped the cryptocurrency market.
Mum posts videos of toddler vaping, drinking kratom
Gary Boyle, Published on 18/06/2024
» A toddler who was reportedly using e-cigarettes and drinking kratom juice has been taken into protective custody by authorities in Saraburi.
Mum, 17, posts videos of toddler 'vaping, drinking kratom'
Chairith Yonpiam, Published on 17/06/2024
» SARABURI: A toddler who was reportedly using e-cigarettes and drinking kratom juice has been taken into child protective custody by the authorities.
Asian equities mixed despite gains in Japan
Business, Published on 15/06/2024
» RECAP: Asian equities were mixed on Friday, with Japanese shares surging following the Bank of Japan's decision to delay a reduction in bond buying. However, Chinese and Australian market weakness dragged down the overall MSCI Asia Pacific Index.
Analysts predict Thai rates likely to stay put
Business, Nareerat Wiriyapong, Published on 14/06/2024
» Analysts are ruling out the possibility the Bank of Thailand will cut interest rates this year after the US Federal Reserve sent clear signals it would trim the US rate only once in 2024, followed by four more cuts next year.
MPC votes 6-1 to keep policy rate
Business, Somruedi Banchongduang, Published on 13/06/2024
» Thailand's GDP growth rate could potentially reach 3% this year, contingent on the disbursement of the fiscal budget and the implementation of the digital wallet scheme this year, according to the central bank.
Investor confidence stalls out
Business, Published on 12/06/2024
» The Federation of Thai Capital Market Organizations' (Fetco) Investor Confidence Index (ICI) remained in the neutral zone for a fourth consecutive month in May, attributed to international conflicts, inflation and baht fluctuation.
Bitcoin drops to one-week low
Reuters, Published on 11/06/2024
» MUMBAI - Bitcoin wobbled on Tuesday in a sign of trader nerves ahead of US inflation data and the Federal Reserve's monetary-policy decision.