Showing 1 - 10 of 11
Prasarn: Let market forces drive baht
Business, Pathom Sangwongwanich, Published on 17/08/2015
» The Bank of Thailand would let market mechanisms determine the baht's value rather than weaken it despite pressure from the recent yuan devaluation.
Greek drama and Chinese rout push shares down
Business, Published on 06/07/2015
» Recap: Greece's debt default weighed on global stock markets last week ahead of yesterday's referendum. The start of this week promises to be choppy as US investors return from a long weekend and markets weigh the results of the Greek vote.
Set slides below 1,500 on weak earnings outlook
Business, Darana Chudasri, Published on 01/06/2015
» Recap: Anxiety over a potential Greek debt default and tightening margin trading requirements for Chinese brokers rattled Asian stock markets last week. Gloomy earnings prospects and the Thai economic slowdown pulled the local bourse below 1,500 points.
Wall street jumps but factory data a worry
Business, Published on 27/04/2015
» Recap: While US markets surged, many other global stock markets sagged in response to disappointing factory activity in China, Japan and the euro zone, and concerns over Greek debt. The same worries pushed down Thai stocks.
Stock market: Sudden fall & weak baht (update)
Jon Fernquest, Published on 12/06/2013
» Baht weakening (& improvement for exporters) after foreign investment money pulled out of Thailand & sent back to US with US credit rating improvement.
Capital controls: Govt & central bank working together
Jon Fernquest, Published on 29/05/2013
» Short-term investment money flowing into Thai stock & bond markets from US, EU & Japan QE monetary policy causing strong baht, hurting export sector.
Rising baht: Dollar borrowing by Thai banks
Jon Fernquest, Published on 20/05/2013
» Interest rates lower in other countries, so Thai banks borrow there in dollars causing baht to rise in value making Thai exports less competitive.
SET index up 16.49 points
Online Reporters, Published on 29/03/2013
» Thai stocks rose more than 1% on Friday, continuing their recovery from the panic selling induced late last week by reports of tighter controls on margin trading.
Baht set for best weekly rally in year
Bloomberg News, Published on 18/01/2013
» Thailand's baht was poised for its biggest weekly advance since December 2011, and government bonds rose, as global funds increased holdings of assets that offer higher yields.
Central bank independence?
Jon Fernquest, Published on 27/08/2012
» Elected govts push for short-term growth to impress voters, but central banks have long-term responsibilities for economic stability.