Showing 1 - 10 of 2,219
Asian markets jump as US inflation cools
Business, Published on 15/07/2023
» RECAP: Asian stocks rose for a fifth straight day on Friday, on course for their best week this year, as cooling US inflation stoked speculation that the Federal Reserve could pause interest-rate increases after this month.
Baht posts biggest gain in a week
Published on 11/07/2023
» The baht and the South Korean won led gains among Asian currencies in an overall positive session on Tuesday as the dollar lost ground after US Federal Reserve officials signalled their rate-tightening cycle was nearing its end.
SET upbeat despite plunge in trading value
Business, Nuntawun Polkuamdee, Published on 11/07/2023
» Scandals related to Stark Corporation and other negative factors caused the trading value of the Stock Exchange of Thailand (SET) to plummet by 33% year-on-year in June to 47.9 billion baht, but the bourse remains optimistic that investor confidence will improve in the second half.
Hire-purchase lenders call for rate hike
Business, Somruedi Banchongduang, Published on 11/07/2023
» The Thai Hire-Purchase Association (THPA) has asked the Office of the Consumer Protection Board (OCPB) to increase the maximum interest rate for hire-purchase loans as the business is being affected by rising rates.
Asian shares fall as rate-hike bets increase
Business, Published on 08/07/2023
» RECAP: Asian stocks slid yesterday to cap a busy first week of the quarter for financial markets, with the dollar standing tall and bonds tumbling as resilient US jobs data has investors bracing for interest rates to head higher still.
SET stumbles on domestic, external risks
Business, Nuntawun Polkuamdee, Published on 07/07/2023
» Concerns over rising global interest rates and domestic political uncertainties dragged down the Thai bourse to below 1,500 points again on Thursday, say analysts.
Rice to get costlier as supply threatened
Reuters, Published on 06/07/2023
» MUMBAI: Global rice prices, now at their highest in 11 years, are set to rally further after India moved to boost payments to farmers, just as El Nino threatens yields in key producers and alternative staples get costlier for poor Asians and Africans.
New online commerce surges in Thailand
Business, Komsan Tortermvasana, Published on 06/07/2023
» So-called "shoppertainment", where content and commerce converge on a platform, has become the next era of online commerce, expected to be worth US$1 trillion across Asia-Pacific by 2025, says Sirinit Virayasiri, head of business marketing for Thailand TikTok.
BPP keen on free power trade pipeline
Business, Yuthana Praiwan, Published on 01/07/2023
» Costly electricity bills create a financial burden for the public, but also accelerate momentum for the establishment of free power trade in Thailand.
Shares rise on hopes for stimulus in China
Business, Published on 01/07/2023
» RECAP: Asian stocks inched higher yesterday as weak manufacturing data from China stoked expectations of fresh stimulus, even as strong US data bolstered the view that the Federal Reserve will keep interest rates higher for longer.