Showing 1 - 10 of 29
Gold hits all-time high amid geopolitical strife
Business, Nuntawun Polkuamdee, Published on 21/05/2024
» Gold prices soared to an all-time high of US$2,450 an ounce on Monday, as a slowing inflation trend in the US increased optimism that the Federal Reserve will start easing monetary policy this year, while geopolitical tension in the Middle East is on the increase.
SET bounces back as war fears ease
Business, Nuntawun Polkuamdee, Published on 23/04/2024
» The Thai stock market rebounded sharply on Monday, rising by about 1.3%, as other regional bourses also bounced back from sharp losses on Friday as investors believe a full-blown war in the Middle East is unlikely while the People's Bank of China (PBOC) opted to keep interest rates unchanged.
Plan to legalise casinos a boon for AWC
Business, Nuntawun Polkuamdee, Published on 05/04/2024
» Asset World Corporation (AWC) would be the main beneficiary of the government plan to legalise casinos as part of entertainment complexes as the company operates luxury hotels and retail centres near potential sites for these developments, says Tisco Securities.
Global equity income touted on Fed rate move
Business, Nuntawun Polkuamdee, Published on 29/03/2024
» The Federal Reserve is expected to cut US interest rates 2-3 times this year starting from its June meeting, making global equity income a promising investment, says London-based Newton Investment Management.
LiVE initiative targets entrepreneurs in high-growth sectors
Business, Nuntawun Polkuamdee, Published on 29/03/2024
» LiVE Platform, developed by LiVE Fin Corp under the Stock Exchange of Thailand (SET), is launching a new initiative aimed at enhancing the potential of 60 entrepreneurs, small and medium-sized enterprises (SMEs) and startups in targeted high-growth industries.
Cryptomind targets managing assets worth B3bn in 2024
Business, Nuntawun Polkuamdee, Published on 13/03/2024
» Cryptomind Group Holdings is targeting assets under management (AUM) for the group's digital asset fund manager to triple to 3 billion baht this year, thanks to the cryptocurrency market bull run.
Insurers team up for PM2.5 illness policy
Business, Nuntawun Polkuamdee, Published on 04/03/2024
» As PM2.5 air pollution becomes a growing health concern in Thailand, with the level of hazardous dust expected to intensify as the hot season approaches, people are seeking practical options, leading to the emergence of insurance policies that cover respiratory diseases caused by fine particulate matter.
Jitta Wealth touts beaten down Chinese stock funds
Business, Nuntawun Polkuamdee, Published on 16/02/2024
» Foreign mutual funds that invest in China have posted negative returns as the property crisis drags on, but analysts believe the mainland still holds long-term investment potential as prices of quality stocks there have fallen to the lowest level in five years.
Strategy rejig to spur ASP's income growth
Business, Nuntawun Polkuamdee, Published on 02/02/2024
» Asia Plus Group Holdings (ASP) expects revenue growth of 10-15% the next 1-3 years amid fierce competition as the brokerage adjusted its strategy to focus on wealth management and private equities, creating a balance between income and continued growth.
Rich investors given Bitcoin green light
Business, Nuntawun Polkuamdee, Published on 18/01/2024
» The Securities and Exchange Commission (SEC) plans to allow securities companies to offer trading of spot Bitcoin exchange-traded funds (ETFs) to institutional and high net worth (HNW) investors, but not retail investors.