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Search Result for “exchange rate”

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BUSINESS

Thai stocks set to surge after election

Business, Nuntawun Polkuamdee, Published on 07/02/2026

» The Thai stock market is likely to test the 1,400-point range after the general election on Sunday, lifted by economic stimulus policies, improving investor confidence, and a gradual return of fund flows, according to the Association of Investment Management Companies (AIMC).

BUSINESS

Asian shares steady after earlier tech-led sell-off

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 07/02/2026

» RECAP: Asian equities regained some stability yesterday after early losses, indicating that selling pressure may be easing following a tech rout that battered Wall Street for three days amid unease about an AI bubble.

BUSINESS

WD targets hard drives for AI economy

Suchit Leesa-nguansuk, Published on 06/02/2026

» WD, formerly known as Western Digital, has repositioned itself as a strategic storage infrastructure partner in the artificial intelligence (AI)-driven data economy, focusing on adapting hard drives for AI workloads.

BUSINESS

Line Man Wongnai weighs IPO in Hong Kong or New York

Bloomberg, Published on 06/02/2026

» Line Man Wongnai, a Thai technology startup backed by Singapore’s GIC Pte, is considering an initial public offering abroad to tap stronger investor demand and secure a higher valuation, a move that would signal a lack of confidence in the local stock market.

BUSINESS

Bank of Thailand expected to avoid manipulation charge

Business, Somruedi Banchongduang, Published on 06/02/2026

» Thailand has a low likelihood of being designated a currency manipulator, as foreign exchange intervention in the baht remains well below the US threshold, according to Kasikorn Research Center (K-Research).

BUSINESS

SET a bright spot for global investors

Business, Nuntawun Polkuamdee, Published on 06/02/2026

» The Thai equities market is staging a strong comeback as foreign investors return, supported by an election rally, unexpectedly high dividend payouts, and eased selling pressure from long-term equity funds (LTFs), says the Stock Exchange of Thailand (SET).

BUSINESS

ECB holds interest rates as strong euro causes jitters

AFP, Published on 05/02/2026

» FRANKFURT (GERMANY) - The European Central Bank held interest rates steady for its fifth straight meeting Thursday, saying the eurozone economy remained "resilient" despite mounting worries about the impact of a stronger euro.

BUSINESS

Bitcoin drops below $70,000 as ‘forced deleveraging’ accelerates

Bloomberg News, Published on 05/02/2026

» NEW YORK — Bitcoin tumbled below US$70,000 Thursday as negative momentum deepened across cryptocurrencies, driven by vanishing marginal demand and this week’s volatility in tech equities along with precious metals.

BUSINESS

‘Crisis of faith’ pushes Bitcoin to 15-month low

Bloomberg News, Published on 05/02/2026

» Bitcoin slumped below $72,000, a level last seen 15 months ago, as a broad risk-off sentiment engulfed global markets on Thursday.

BUSINESS

Thai inflation negative for 10th straight month

Reuters and Online Reporters, Published on 05/02/2026

» Thailand’s annual headline inflation rate was negative for ‌a 10th straight month ​in January, driven by lower energy prices and government support measures, but is set to turn positive by April, the Ministry of Commerce said on Thursday.