Showing 1 - 10 of 116
Bitcoin slumps as Fed vows to keep rates steady longer
Business, Nuntawun Polkuamdee, Published on 03/05/2024
» Bitcoin tumbled to a two-month low of around US$57,000 after Federal Reserve chairman Jerome Powell remarked that interest rates are likely to stay higher for longer as the central bank tries to stamp out stubborn inflation.
Property stimulus bump to lift Thai stock market
Business, Nuntawun Polkuamdee, Published on 12/04/2024
» The recently approved property stimulus measures should help the Thai stock market as they significantly lower costs for homebuyers, with the cuts to transfer and mortgage fees applying to up to 70% of the units available in the property market.
Bitcoin price soars to B2.37m on Bitkub
Business, Nuntawun Polkuamdee, Published on 07/03/2024
» The price of Bitcoin on Bitkub Exchange hit a new record high of 2.37 million baht on Wednesday after the global price of the cryptocurrency on Tuesday beat its record of US$69,000 per token in November 2021, rallying by 190% over the last year.
Stock investors urged to monitor Vietnam
Business, Nuntawun Polkuamdee, Published on 30/10/2023
» Investors were recommended to watch the Vietnamese bourse and be prepared to grasp its potential if it is upgraded from a frontier market to an emerging stock market, says Tisco Advisory.
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.
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).
Asian stocks rally after US rate increase
Business, Nuntawun Polkuamdee, Published on 28/07/2023
» The Stock Exchange of Thailand (SET) joined a rally of Asian bourses yesterday after the US Federal Reserve lifted interest rates to a 22-year high and downplayed the prospects of an American recession this year.
Asian investors hold breath amid US debt drama
Business, Nuntawun Polkuamdee, Published on 27/05/2023
» RECAP: Asian markets mostly rose on Friday but investors remained on edge heading into the weekend amid concern that US debt-ceiling negotiations could still break down.
US banks on edge after rate hike
Business, Nuntawun Polkuamdee, Published on 06/05/2023
» Economists warn that two more US banks are on the verge of collapse after the Federal Reserve lifted its key interest rates by 0.25% this week, prompting stock prices of American lenders to drop sharply after the hike.
Asian shares revive after big US tech rally
Business, Nuntawun Polkuamdee, Published on 29/04/2023
» RECAP: Shares in Asia rallied yesterday after robust earnings from tech giants Meta, Microsoft and Alphabet buoyed Wall Street, where the S&P 500 had its best day since the first week of the year.