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BUSINESS

Gold demand tops $100bn for first time

Bloomberg News, Published on 30/10/2024

» Global gold demand swelled about 5% in the third quarter, setting a record for the period and lifting consumption above $100 billion for the first time, according to the World Gold Council.

WORLD

N.Korean hackers sent stolen crypto to Cambodian payment firm

Published on 15/07/2024

» LONDON - A major Cambodian payments firm received crypto worth over $150,000 from a digital wallet used by North Korean hacking outfit Lazarus, blockchain data shows, a glimpse of how the criminal collective has laundered funds in Southeast Asia.

BUSINESS

Gold retains robust purchase demand

Published on 03/11/2023

» The World Gold Council's report on demand trends in the third quarter of 2023 reveals that support remains robust, as central bank buying maintains a historic pace.

BUSINESS

Clarity on Fed hikes may drive gold up to $2,050 per ounce

Business, Nareerat Wiriyapong, Published on 14/09/2023

» The price of gold could rise as high as US$2,050 per ounce from $1,910 at present as soon as it becomes clear that the US Federal Reserve has finished its interest rate hike cycle, which is likely to happen next year, says the World Gold Council (WGC).

BUSINESS

Mixed picture for gold

Business, Published on 16/05/2023

» While global gold demand excluding over-the-counter (OTC) was 13% lower year-on-year in the first quarter, a recovery in the OTC market propped up total demand to 1,174 tonnes, a 1% increase compared to the first quarter of 2022, according to the World Gold Council (WGC).

THAILAND

Stock manipulator on US wanted list arrested in Phuket

Wassayos Ngamkham, Published on 14/01/2023

» A 54-year-old man wanted by the United States for stock manipulation and colluding in fraud has been arrested in Thalang district of Phuket province.

OPINION

Time to curb speculation in commodities

News, Jayati Ghosh, Published on 15/08/2022

» Primary commodity prices have been on a roller-coaster ride for the past year, especially for the past six months. In the futures markets, crude oil prices rose by 39% in the month from Feb 8 to March 8, from US$89 (3,143 baht) per barrel to $124 per barrel, and then fell in the following month to $95.

BUSINESS

PTT pushes Carbon Credit trading to support national Net Zero Emissions

Published on 16/07/2021

» The Derivatives Trading Department, International Trading Business Unit, PTT Plc., is preparing for carbon credit trading, a mega trend in the energy industry.

BUSINESS

SET ends online TBX debt trading

Business, Nuntawun Polkuamdee, Published on 05/02/2021

» The Stock Exchange of Thailand (SET) has announced it will no longer provide online debt instrument trading on the Thailand Bond Exchange (TBX), effective March 1, ending almost 20 years of service.

BUSINESS

Trade Competition Commission sets up protection for restaurants

Business, Phusadee Arunmas, Published on 10/08/2020

» The Trade Competition Commission (OTC) is setting guidelines for online food delivery services to prevent unfair trade practices and keep online food delivery platforms from taking advantage of restaurants.