Showing 431 - 440 of 2,889
Thai baht weakens as China falters
Business, Nareerat Wiriyapong and Nuntawun Polkuamdee, Published on 03/09/2024
» The baht led Asian currencies that weakened against the dollar on Monday on a faltering Chinese economy, with analysts suggesting the baht could be on a depreciating trend for the remaining months of this year if the US Federal Reserve (Fed) cuts rates by less than the 1% reduction anticipated by the market this year.
Some Hong Kongers still feeding pigeons despite B22,000 fine threat
South China Morning Post, Published on 02/09/2024
» HONG KONG: Some Hong Kongers are ignoring a government ban on feeding feral pigeons despite a grace period coming to an end on Sunday, with certain districts still plagued by large gatherings of the birds.
Power equities benefit from strong baht
Nuntawun Polkuamdee, Published on 02/09/2024
» Power generation companies on the Stock Exchange to Thailand (SET) are benefiting from the strong baht, says Yuanta Securities Thailand, adding that retail, communications and finance stocks usually attract investment when the baht appreciates beyond 34 to the dollar.
Rabbits bounce back with Beetles defeat
Sports, Tor Chittinand, Published on 30/08/2024
» BG Pathum United returned to form by defeating Chiang Rai United 2-0 in the Thai League 1 on Wednesday night.
Analysts see imminent return of foreign funds
Business, Nareerat Wiriyapong, Published on 28/08/2024
» Easing domestic political uncertainty and the higher likelihood of US interest rate cuts could prompt a return of foreign fund inflows starting next month, driving the Thai bourse back to a range of around 1,500 points next year, say analysts.
Baht set to rise against the dollar
Business, Somruedi Banchongduang, Published on 27/08/2024
» The baht is expected to strengthen against the greenback this week, potentially reaching 33.50-33.75 baht per dollar, following its rise to the highest level in 13 months. This appreciation is largely driven by the weakening dollar, which has been impacted by the US Federal Reserve's signal of a potential rate cut next month.
Bitcoin flirts with $65,000 on Powell pivot, streak of ETF flows
Bloomberg, Published on 26/08/2024
» Bitcoin touched $65,000 for the first time in about three weeks, aided by reviving demand for dedicated US exchange-traded funds amid signs that the Federal Reserve is set to loosen monetary policy.
Traders on sidelines awaiting signals from Fed chief
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 24/08/2024
» RECAP: Trade was subdued in most Asian stock markets yesterday while the dollar rebounded from one-year lows, as investors were cautious ahead of a major speech by US Federal Reserve chairman Jerome Powell.
The yen strikes back
Business, SCB-Julius Baer Securities, Published on 24/08/2024
» The Chicago Board Options Exchange Volatility Index, which measures volatility on the S&P 500 index, rose to an intra-day high of 66% on Aug 5.
‘Time has come’ to cut US interest rates, says Fed chief
Bloomberg News, Published on 23/08/2024
» JACKSON HOLE, Wyoming - The US Federal Reserve is ready to start cutting interest rates, chairman Jerome Powell said on Friday, affirming expectations that officials will begin lowering borrowing costs next month.