Showing 1 - 10 of 489
Eastspring bullish on growth prospects for foreign stocks
Business, Nuntawun Polkuamdee, Published on 22/05/2024
» Eastspring Asset Management (Thailand) sees high potential for foreign stocks to grow, launching funds to invest specifically in the US and China, expecting a recovery for the latter is on the horizon.
Gold hits all-time high amid geopolitical strife
Business, Nuntawun Polkuamdee, Published on 21/05/2024
» Gold prices soared to an all-time high of US$2,450 an ounce on Monday, as a slowing inflation trend in the US increased optimism that the Federal Reserve will start easing monetary policy this year, while geopolitical tension in the Middle East is on the increase.
Follow the yellow brick road
Nuntawun Polkuamdee, Published on 13/05/2024
» Gold prices were stagnant in early May, settling just above the US$2,300 threshold during the first weekend of the month, after briefing touching the lowest level since early April.
SET bounces back as war fears ease
Business, Nuntawun Polkuamdee, Published on 23/04/2024
» The Thai stock market rebounded sharply on Monday, rising by about 1.3%, as other regional bourses also bounced back from sharp losses on Friday as investors believe a full-blown war in the Middle East is unlikely while the People's Bank of China (PBOC) opted to keep interest rates unchanged.
March investor confidence stays virtually unchanged
Business, Nuntawun Polkuamdee, Published on 11/04/2024
» The Federation of Thai Capital Market Organizations' (Fetco) Investor Confidence Index (ICI) remained in the neutral zone in March as the market expects more economic stimulus, while fund outflows continued and delays to the US Federal Reserve's interest rate cuts undermined sentiment.
Trinity picks winners of expected rate cut
Nuntawun Polkuamdee, Published on 08/04/2024
» Trinity Securities recommends investors opt for tourism, healthcare, commerce, consumer and export stocks, saying these sectors should be the major beneficiaries of an expected cut in interest rates in the second quarter, as well as fiscal policy to spur economic growth.
Global equity income touted on Fed rate move
Business, Nuntawun Polkuamdee, Published on 29/03/2024
» The Federal Reserve is expected to cut US interest rates 2-3 times this year starting from its June meeting, making global equity income a promising investment, says London-based Newton Investment Management.
UOBAM steers investors towards corporate bonds
Nuntawun Polkuamdee, Published on 29/03/2024
» UOB Asset Management (UOBAM) recommends investors reduce their cash and short-term government debt instrument holdings as the cycle of interest rate hikes has passed.
Gulf consortium strongest virtual bank contender
Business, Nuntawun Polkuamdee, Published on 29/03/2024
» The consortium including Gulf Energy Development, Advanced Info Service (AIS), Krungthai Bank (KTB) and PTT Oil and Retail Business (OR) is the strongest contender among the applicants for a virtual bank licence, says Asia Plus Securities (ASPS).
InnovestX: SET to hit 1,550 by year-end
Nuntawun Polkuamdee, Published on 28/03/2024
» InnovestX Securities expects the Thai stock market to recover in the second quarter, helped by the US cutting interest rates and a rebound in Thailand's public and private investments, with the SET index finishing at 1,550 points by year-end.