Showing 1-10 of 35 results
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Stocks Gain as US job market roars back
Business, Nuntawun Polkuamdee, Published on 09/11/2015
» Recap: Global stock markets moved up at the end of the week as US jobs data showed a bigger-than-expected rise in non-farm payrolls in October after two months of weakness. As well, a drop in the unemployment rate to 5% increased the likelihood that the Federal Reserve will raise interest rates next month for the first time in almost a decade. The Thai market also advanced.
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China rate cut spurs stocks but set struggles
Business, Nuntawun Polkuamdee, Published on 18/05/2015
» Recap: China's interest-rate cut by 25 basis points, the third in six months, propelled Asian stock markets early last week. However, sentiment turned sour amid renewed worries over the world's second largest economy following weak economic data, and Greece's precarious finances.
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Pink Line incident dings sentiment of several firms
Business, Nuntawun Polkuamdee, Published on 26/12/2023
» Investors should not rush to buy the stocks of Sino Thai Engineering and Construction (STEC), BTS Group Holdings (BTS) and Ratch Group (RATCH), although prices have dropped sharply since the Pink Line mass transit incident on Sunday, says Bualuang Securities (BLS).
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Thai ESG bond market set to increase funding
Business, Nuntawun Polkuamdee, Published on 14/06/2023
» Funds mobilised by the issuance of environmental, social and governance (ESG) bonds in Thailand are expected to expand from the current outstanding value of more than 583 billion baht, according to the Thai Bond Market Association (ThaiBMA).
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Thai firms top S&P sustainability index
Business, Nuntawun Polkuamdee, Published on 03/03/2023
» A total of 37 Thai companies have been included in S&P Global's Sustainability Yearbook 2023, with 12 awarded "Gold Class", the highest tally globally for the best performing sustainable companies in their industry, the Stock Exchange of Thailand (SET) reported yesterday.
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Equities soar as US inflation shows signs of easing
Business, Nuntawun Polkuamdee, Published on 12/11/2022
» RECAP: Asian shares jumped yesterday as slowing US inflation and an easing of some Chinese Covid quarantine rules triggered a relief rally. The MSCI Asia Pacific Index climbed as much as 3.5%, on track for its best weekly gain since April 2020.
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BTS eyes B10bn premiums with Rabbit Life
Business, Nuntawun Polkuamdee, Published on 28/07/2022
» Rabbit Life Insurance (Rabbit Life), a life insurance firm under BTS Group Holdings (BTS), aims to rank among the top 10 life insurance businesses within the next three years by leveraging its customer base and big data.
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Listed companies see profits surge 80% to B986bn in 2021
Business, Nuntawun Polkuamdee, Published on 15/03/2022
» Thai listed companies recorded a nearly 80% rise in net profit to 986 billion baht in 2021, as rising oil and commodity prices supported related businesses and the government's easing of pandemic restrictions spurred economic recovery.
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Bitkub rises up the ranking
Business, Nuntawun Polkuamdee, Published on 01/12/2021
» Bitkub, a local digital asset exchange, ranked as the 10th largest cryptocurrency exchange in terms of trading value on Coingecko.com on Nov 29, spurred by a chain of successful partnerships with major companies and surge of trading value for its homegrown coin, KUB Coin.
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LTV rejig a boon for stocks
Business, Nuntawun Polkuamdee, Published on 28/10/2021
» Real estate stocks will directly benefit from the Bank of Thailand (BoT)'s decision to raise the loan-to-value (LTV) ratio for mortgage lending to 100% to revive the property sector, said analysts from Maybank Kim Eng Securities (MBKET).
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