Showing 71 - 80 of 505
Asian markets retreat ahead of Powell speech
Business, Nuntawun Polkuamdee, Published on 26/08/2023
» RECAP: A mini-rally on most Asian markets came to a halt yesterday ahead of a keenly awaited speech by US Federal Reserve chief Jerome Powell at around 9pm Thailand time, with traders increasingly worried about higher US interest rates.
SCB CIO urges investors to avoid high-yield bonds
Business, Nuntawun Polkuamdee, Published on 25/08/2023
» Investors are advised to avoid investment in high-yield bonds, especially those tied to Chinese real estate because of high debt and a sluggish recovery, says SCB Chief Investment Office (SCB CIO), a unit of Siam Commercial Bank.
Investors await new government policies
Business, Nuntawun Polkuamdee, Published on 24/08/2023
» Although the Thai bourse has continued to rise after the selection of a new prime minister, analysts are warning the rally will be short-lived as investors await a policy statement from the new government, while populist projects could hurt Thailand's fiscal stability.
Tisco suggests investors sell off US shares
Business, Nuntawun Polkuamdee, Published on 18/08/2023
» Tisco Bank recommends investors sell off US shares and rejig their portfolios by buying global bond funds that can generate up to a 10% return with low risk as interest rates reach their peak for this cycle.
UOB Kay Hian expects firms' profits to decline 40% in Q2
Business, Nuntawun Polkuamdee, Published on 16/08/2023
» UOB Kay Hian Securities (Thailand) anticipates profits of listed companies to decline by almost 40% in the second quarter of 2023 compared with the same period last year because of the drastic drop in oil prices. The performance of energy stocks accounts for one-third of the combined profits of listed firms.
Investor confidence remains neutral
Business, Nuntawun Polkuamdee, Published on 11/08/2023
» The investor confidence index (ICI) remained in neutral territory last month as uncertainty over a new government and announcements on implementing the financial transaction tax undermined sentiment, says the Federation of Thai Capital Market Organizations (Fetco).
Tisco touts debt instruments as interest rates near peak
Business, Nuntawun Polkuamdee, Published on 02/08/2023
» Investors are being urged to increase their weighting in debt instruments for the time being to get high returns on investments as interest rates globally are nearing their peak and stock markets remain volatile, says Tisco's Economic Strategy Unit (Tisco ESU).
Poll reveals reasons for optimism
Business, Nuntawun Polkuamdee, Published on 02/08/2023
» Fund managers are optimistic about Thailand's economic recovery but still have concerns about the global economy that is expected to stabilise or deteriorate to some extent, a recent survey by the Association of Investment Management Companies (AIMC) has found.
Gold to top $2,000 this year
Business, Nuntawun Polkuamdee, Published on 01/08/2023
» Gold prices are expected to rise above US$2,000 by the end of the year, amid expectations of an economic slowdown in the US and Europe, intense geopolitical factors, and fewer interest rate hikes, says YLG Bullion & Futures.
Government bonds an ideal asset in H2
Business, Nuntawun Polkuamdee, Published on 31/07/2023
» Government bonds are likely to be the world's most attractive asset to invest in during the second half of 2023 because interest rates would enter a downward direction next year, says Aberdeen Asset Management (Abrdn).