Showing 1-10 of 28 results
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Zipmex seeks to discuss fines with SEC
Business, Nuntawun Polkuamdee, Published on 26/04/2023
» Zipmex, the embattled cryptocurrency exchange, has arranged to discuss fines of nearly 11 million baht imposed on the company and its chief executive by the Securities and Exchange Commission (SEC), saying talks with potential new investors are ongoing.
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Gulf consortium strongest virtual bank contender
Business, Nuntawun Polkuamdee, Published on 29/03/2024
» The consortium including Gulf Energy Development, Advanced Info Service (AIS), Krungthai Bank (KTB) and PTT Oil and Retail Business (OR) is the strongest contender among the applicants for a virtual bank licence, says Asia Plus Securities (ASPS).
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BAM predicts bad loan sales of B100bn in 2024
Business, Nuntawun Polkuamdee, Published on 19/08/2023
» SET-listed Bangkok Commercial Asset Management Plc (BAM) expects sales of non-performing loans (NPLs) to reach 100 billion baht by 2024, in line with rising distressed debts.
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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.
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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.
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China optimism spurs Asian shares higher
Business, Nuntawun Polkuamdee, Published on 14/01/2023
» RECAP: Asian markets mostly rose again yesterday on optimism about the impact of China reopening on regional corporate performance, while the dollar remained under pressure after data showed a further slowdown in US inflation.
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Equities revive on optimism about China reopening
Business, Nuntawun Polkuamdee, Published on 05/11/2022
» RECAP: Global equities trimmed their losses yesterday as Chinese shares surged amid signs that authorities are trying harder to ease the severe economic impact of the zero-Covid policy. The MSCI index of Asian shares headed for its biggest weekly jump since July.
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SEC in talks over digital asset funds
Business, Nuntawun Polkuamdee, Published on 15/09/2022
» The Association of Investment Management Companies (AIMC) is in talks with the Securities and Exchange Commission (SEC) over plans to let asset managers set up funds that invest in digital assets, providing an alternative option for young people.
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Global markets advance, foreigners power SET
Business, Nuntawun Polkuamdee, Published on 27/08/2022
» RECAP: Global markets advanced as investors believe inflation might be starting to ease in many countries, but they were awaiting further signals yesterday from US Federal Reserve chairman Jerome Powell about how aggressively he will raise interest rates.
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SET sentiment buoyed by record earnings
Business, Nuntawun Polkuamdee, Published on 20/08/2022
» RECAP: The SET Index surged at midweek after listed firms reported record-high second-quarter earnings of 350 billion baht, reviving investor confidence, before easing back on profit-taking yesterday. US equities were rangebound, reflecting mixed opinions on economic data and uncertainty about the size of the Fed's next interest-rate increase.
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