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Search Result for “currency”

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INVESTMENT

Bitcoin traders say it could hit $130,000 later this year

Business, Nuntawun Polkuamdee, Published on 28/05/2025

» After hitting a record high of US$111,000 last Thursday, the next resistance level for Bitcoin is projected at $130,000 as the cryptocurrency has shifted from a speculative asset to a "strategic pillar" of the modern economy, say pundits.

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INVESTMENT

Euro zone growth figure tops forecasts

AFP, Published on 30/04/2025

» BRUSSELS - The euro zone economy expanded more than expected in the first quarter of this year, official data showed on Wednesday, despite US President Donald Trump’s tariffs, but global trade tensions threaten more pain and near-stagnation for the rest of the year.

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INVESTMENT

Gold passes $3,500 amid Trump turmoil

Published on 22/04/2025

» Gold extended its record run on Tuesday, breaching $3,500 per ounce, as weakness in the dollar, US President Donald Trump’s attacks on the Federal Reserve and trade war fears spurred demand for the safe-haven asset.

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INVESTMENT

Tariff unease hits all asset classes

Nareerat Wiriyapong, Published on 21/04/2025

» The unveiling of US President Donald Trump's reciprocal tariffs has sent shockwaves across all asset classes as threats posed by high tariff rates and trade tensions introduced greater uncertainty into the global economy, say pundits.

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INVESTMENT

Stocks make small gains amid trade talk hope

Business, Published on 19/04/2025

» RECAP: Asian stocks notched small gains in thin trade on Friday as investors largely adopted a wait-and-see approach on tariff negotiations before making long-term bets. Some markets were closed for the Good Friday holiday.

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INVESTMENT

Trump's trade war: Thailand faces grim economic outlook

Business, Published on 01/04/2025

» The prospect of Donald Trump's "liberation day" on April 2 has sent tremors through Thailand's economy.

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INVESTMENT

Thai crypto investigation surges

Business, Nuntawun Polkuamdee, Published on 04/03/2025

» Thailand has one of the world’s highest law enforcement requests related to cryptocurrency exchange globally, with more than 1,800 requests for investigation in last year alone, says Binance, the world's largest cryptocurrency exchange.

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INVESTMENT

Call for investment stimulus to boost GDP

Business, Published on 18/02/2025

» The Thai government is being urged to introduce an investment stimulus package in the second half of this year to boost the economy and mitigate the impact of US trade countermeasures.

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INVESTMENT

SET index searches for a new bottom

Business, Published on 08/02/2025

» The SET index extended its decline in January, marking the third consecutive month of reductions following an October high of 1,506 points.

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INVESTMENT

Phuket eyed for crypto sandbox

Business, Nareerat Wiriyapong, Published on 01/02/2025

» In a move cheered by cryptocurrency enthusiasts, last month former prime minister Thaksin Shinawatra proposed using Phuket province as a Bitcoin sandbox for tourism, aiming to encourage digital currency holders to spend in Thailand.