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BUSINESS

Asian markets rally amid thin Easter weekend trade

Business, Nuntawun Polkuamdee, Published on 08/04/2023

» RECAP: Most Asian markets rallied yesterday after a sell-off the previous day in reaction to more evidence of a US economic slowdown. Trade was thin as many Western markets observed the Good Friday holiday.

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BUSINESS

Asian shares gain as bank worries ease

Business, Nuntawun Polkuamdee, Published on 01/04/2023

» RECAP: Asian stock markets advanced yesterday as investors' focus shifted from worries about the global banking system. That followed a revival on Wall Street, where rate-sensitive property and technology stocks led gains on Thursday.

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BUSINESS

Lingering bank worries keep lid on Asian shares

Business, Nuntawun Polkuamdee, Published on 25/03/2023

» RECAP: Asian shares came under pressure yesterday after lingering banking stability concerns gripped Wall Street, while bond markets bet that recent rate hikes by central banks will be among the last of the cycle, allowing for policy relief later in the year.

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BUSINESS

SET rides Asian rebound as bank worries ease

Business, Nuntawun Polkuamdee, Published on 18/03/2023

» RECAP: Asian equities advanced yesterday after a rescue package for First Republic Bank fuelled a rebound in US shares. Even so, the MSCI gauge of Asian shares recorded a second weekly loss after the recent turbulence in the global banking sector.

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BUSINESS

Mutual and pension funds tamp down concerns

Business, Nuntawun Polkuamdee, Published on 16/03/2023

» The Association of Investment Management Companies (AIMC) and the Government Pension Fund (GPF) yesterday issued a statement announcing they have no direct investment in the assets of the collapsed Silicon Valley Bank (SVB).

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BUSINESS

Asia follows Wall Street down, SET falls below 1,600

Business, Nuntawun Polkuamdee, Published on 11/03/2023

» RECAP: Asian shares slumped on Friday, with the SET closing below 1,600 points, following a sharp decline on Wall Street amid concern that pockets of trouble in the US banking sector could portend broader dangers.

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BUSINESS

Heng eyes 25% growth in portfolio

Business, Nuntawun Polkuamdee, Published on 06/03/2023

» SET-listed Heng Leasing aims to expand its loan portfolio by 20-30% to 14.4 billion baht this year thanks to rising car registration loans, while reducing its non-performing loans (NPLs) to 2.9% from 3%.

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BUSINESS

SET moves lower despite upbeat Asian trend

Business, Nuntawun Polkuamdee, Published on 04/03/2023

» RECAP: Asian shares rose yesterday on prospects for a steady economic recovery in China, and after Wall Street reversed losses following remarks by a Fed official that signalled a measured approach to raising US interest rates.

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BUSINESS

Asian markets mixed but SET sees correction

Business, Nuntawun Polkuamdee, Published on 25/02/2023

» RECAP: Asian markets were mixed yesterday, with traders still preoccupied by interest rate worries, though Tokyo rallied after the man tipped as Japan's next central bank head made the case for keeping its ultra-loose policy.

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BUSINESS

Asian shares slide, SET falls on weak GDP data

Business, Nuntawun Polkuamdee, Published on 18/02/2023

» RECAP: Asian shares and currencies slipped on Friday as strong economic data from the US and hawkish Federal Reserve comments revived fears that the US central bank will stick to its path of interest rate increases to tame inflation.