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Showing 1-10 of 25 results

  • BUSINESS

    KTC chief forecasts tough 2018

    Business, Published on 11/10/2017

    » Krungthai Card expects earnings to splutter next year as the Bank of Thailand's tougher regulations on credit cards and personal loans, particularly the reduction of the ceiling interest rates for credit cards to 18% from 20%, take a bite out of KTC's income.

  • BUSINESS

    All eyes on Fed next week as global shares steady

    Business, Published on 24/07/2021

    » Recap: Global stocks had a volatile week before picking up on Friday. The MSCI World Index steadied after three days of gains. The market is looking ahead to next week's Federal Reserve meeting after the European Central Bank pledged on Thursday to continue with heavy stimulus spending. Emerging markets and Asian shares slid, pressured by coronavirus worries.

  • BUSINESS

    Shaping the wealth

    Asia focus, Nareerat Wiriyapong, Published on 18/11/2019

    » � These are exciting times for Asia's wealth market. The global economic centre of gravity has shifted to the region, which has now become the wealth creation centre of the world. A report issued in June by Boston Consulting Group (BCG) projected that wealth in Asia excluding Japan would expand by 9.4% from 2018 to 2023.

  • BUSINESS

    Thanachart-TMB signing next week

    Business, Wichit Chantanusornsiri, Published on 09/08/2019

    » TMB Bank and Thanachart Bank (TBank) are set to sign a merger agreement by next week as all key details have already been settled, says a source familiar with the deal.

  • BUSINESS

    Dovish tone from yellen heartens equity investors

    Business, Published on 17/07/2017

    » Recap: Most Asian stock markets gained last week as investors took their cue from another all-time closing high for the Dow Jones Industrial Average, while dovish comments from the Federal Reserve on the interest rate outlook also bolstered risk sentiment. Oil prices also rallied but the impact on the energy-heavy Thai bourse was limited.

  • BUSINESS

    Share investors tread cautiously ahead of Fed meeting

    Business, Published on 24/07/2017

    » Recap: Most global stock markets moved sideways last week as investors kept an eye on the US interest rate outlook ahead of a Federal Reserve meeting this week, though most observers do not expect any move until September.

  • THAILAND

    Rising baht puts BoT on its toes

    Business, Published on 25/04/2017

    » Nervousness that the US Treasury will add Thailand to its list of countries to be monitored for currency market manipulations could compel the Bank of Thailand to hold off from intervening in the foreign exchange market and seek other measures to curb the baht's rapid gain. The central bank's tapering of its short-dated bond sales has had a small impact in stemming the influx of capital, a main reason for the appreciation of the baht.

  • BUSINESS

    Opec output-cut deal provides lift for equities

    Business, Published on 03/10/2016

    » Recap: Global stock markets see-sawed last week with news developments. The relief rally that followed the previous week's Fed meeting ebbed, but Hillary Clinton's strong performance against Donald Trump in the first US presidential debate cheered investors. Also buoying sentiment was Opec's surprise agreement to cut oil output, but worries about the health of Deutsche Bank, which faces huge US fines for dodgy business practices, capped gains. The Opec decision helped the energy-heavy Thai stock market recoup some earlier losses.

  • BUSINESS

    Share trade subdued after long-expected Fed move

    Business, Published on 19/06/2017

    » Recap: Asian stock markets traded cautiously earlier last week as investors awaited the US Federal Reserve's rate decision. A rout in US technology stocks later in the week also dampened market sentiment. The Thai stock market still moved in a rangebound trade amid a lack of positive news.

  • BUSINESS

    Oil price rout dims equity sentiment in Asia

    Business, Published on 26/06/2017

    » Recap: Asian stock markets were subdued last week, weighed down by oil prices that have fallen close to a one-year low as Opec-led efforts to reduce a worldwide glut have stalled. The Thai stock market remained rangebound but investors bought energy stocks on Friday, betting that the oil price fall would be limited.

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