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Search Result for “rates”

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BUSINESS

Tisco ESU tips healthcare, tech amid recession fears

Business, Poonyapat Luenam, Published on 27/07/2022

» Tisco Economic Strategy Unit (Tisco ESU) recommends investing in healthcare and tech stocks as it expects the US Federal Reserve to increase interest rates by another 75 basis points at its meeting on July 27, raising the risk of recession.

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BUSINESS

Tourism recovery boosts MINT revenue

Business, Poonyapat Luenam, Published on 26/07/2022

» Minor International (MINT) expects revenue from its core accommodation, food and lifestyle businesses to drive profitability in the second half of the year as the recovering tourism industry boosts demand for hospitality services.

BUSINESS

ASPS sees rosy outlook for Chinese stocks

Business, Poonyapat Luenam, Published on 12/07/2022

» The Thai stock market may plunge to a bear market in the second half of the year as the widening policy rate gap between the US and Thailand could trigger outflows, according to Asia Plus Securities (ASPS).

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BUSINESS

Voyager Digital goes bust after loan default

Business, Poonyapat Luenam, Published on 08/07/2022

» Voyager Digital, a major cryptocurrency investment firm, declared bankruptcy on July 6 after crypto hedge fund Three Arrow Capital (3AC) defaulted on a US$650 million loan.

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BUSINESS

Globlex keen on firms using cannabis

Business, Poonyapat Luenam, Published on 09/06/2022

» Globlex Securities Company Ltd (GBS) recommends buying stocks that will benefit from the legalisation of cannabis, which is due to happen on Thursday.