Showing 1 - 10 of 6,191
US fund Pershing Square launches takeover bid for Universal Music
AFP, Published on 07/04/2026
» PARIS — American hedge fund Pershing Square, led by the activist investor Bill Ackman, announced Tuesday that it had offered to buy Universal Music Group in a merger, saying it believed the music giant was undervalued by stock markets.
South Korea eases Chinese travel visas but Southeast Asia rivals, Iran war cloud outlook
South China Morning Post, Published on 07/04/2026
» Repeat short-haul visits by Chinese travellers to South Korea are expected to rise after Seoul eased multiple-entry visa rules, but analysts say the immediate impact may be limited because of growing competition from Southeast Asia and higher airfares linked to the US-Israeli war in Iran.
Synnex predicts 10% growth as prices rise
Business, Suchit Leesa-nguansuk, Published on 07/04/2026
» Despite intensifying economic pressures and a cooling consumer market, SET-listed IT distributor Synnex (Thailand) is holding firm to its 10% growth target this year, aiming to reach 53 billion baht in annual revenue in a strategic pivot towards high-value technology, artificial intelligence (AI) infrastructure, and renewable energy solutions.
Gold ticks higher as dollar eases; Iran deal hopes temper oil, inflation concerns
Reuters, Published on 06/04/2026
» Gold prices ticked up in thin European trading as the dollar eased and as markets assessed the impact on oil prices and inflation expectations of a ceasefire proposal in the U.S.-Israel war with Iran.
Global tensions hit home
Business, Somruedi Banchongduang, Somhatai Mosika and Lamonphet Apisitniran, Published on 06/04/2026
» With the US-Israel battle against Iran entering its sixth week, the global economy continues to feel the effects stemming from the closure of a key oil shipping route, the Strait of Hormuz.
Pine Wealth identifies several Q2 themes
Business, Nuntawun Polkuamdee, Published on 06/04/2026
» Pine Wealth Solution Securities, a subsidiary of One Asset Management, has identified gold, oil and nuclear energy as key investment themes for the second quarter amid rising inflation risks, projecting bullion to hit US$5,700 an ounce in the long term.
Huge loan needed to finance fuel subsidies
Business, Yuthana Praiwan, Published on 04/04/2026
» Thailand's Oil Fuel Fund is seeking a loan of up to 150 billion baht to stabilise its finances and continue subsidising domestic fuel prices as global diesel costs soar, according to Prasert Sinsukprasert, energy permanent secretary.
PTG denies fuel profiteering allegations
Business, Yuthana Praiwan, Published on 04/04/2026
» PTG Energy, a SET-listed oil trader under the PT brand, has dismissed speculation that it was hoarding fuel for profit, adding it has no plans to pursue legal action against those spreading the accusations.
Mideast uncertainty keeps pressure on equities
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 04/04/2026
» RECAP: Asian shares remained under pressure yesterday amid dimming hopes for a swift end to the Middle East conflict, though reports that Oman and Iran were drafting terms for reopening the Strait of Hormuz offered some respite. Volumes were thin with some markets closed for the Good Friday holiday.
SpaceX files to go public, paving way for record stock offering
AFP, Published on 02/04/2026
» NEW YORK - Elon Musk's SpaceX has filed papers with US regulators that set the stage for what could be the largest-ever public stock offering, a source familiar with the matter told AFP on Wednesday.