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Search Result for “Krungthai”

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INVESTMENT

Shares retreat as rate-cut bets weaken

Business, Published on 16/03/2024

» RECAP: Asian stocks retreated on Friday, tracking tech-led declines on Wall Street after hotter-than-expected US inflation weakened the case for imminent interest rate cuts by the Federal Reserve.

INVESTMENT

Public snaps up savings bonds worth B35bn

Business, Wichit Chantanusornsiri, Published on 15/03/2024

» Government savings bonds worth 35 billion baht were bought by the public, with the portion sold through Krungthai Bank's Pao Tang mobile app selling out within seconds.

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INVESTMENT

KTB to launch 26 depositary receipts this year

Nuntawun Polkuamdee, Published on 08/01/2024

» Krungthai Bank (KTB), the leading issuer of depositary receipts (DRs) on the Stock Exchange of Thailand, is planning to issue 26 more this year, covering famous companies and the "Magnificent Seven" US stocks.

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INVESTMENT

Equities muted as timing of US rate cuts unclear

Business, Published on 06/01/2024

» RECAP: Asian shares were mixed yesterday and the dollar was near a three-week high as traders dialled back bets of early US interest-rate cuts, after Federal Reserve meeting minutes provided few clues.

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INVESTMENT

Sales of TESG funds fall far short of B10bn target

Nuntawun Polkuamdee, Published on 04/01/2024

» Sales of Thailand ESG (TESG) funds, the latest tax-deductible long-term fund to be introduced by 16 asset management firms, reached 5.2 billion baht during the period Dec 8-28, 2023, falling well short of the government's 10-billion-baht target.

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INVESTMENT

Depositary receipt investments poised to proliferate

Business, Nuntawun Polkuamdee, Published on 02/01/2024

» Depositary receipts (DRs) are expected to be increasingly popular with Thai investors in 2024 because they facilitate investment in well-known foreign stocks, allowing portfolio diversification and substantial returns, say executives.

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INVESTMENT

Thai bond rally may be ending

Published on 21/12/2023

» A 7% gain in Thai bonds has turned them into one of emerging Asia’s best performers in the final quarter of 2023, but there are signs to suggest the rally may be about to end.

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INVESTMENT

Asian equities rise amid expected rate relief

Business, Published on 04/11/2023

» RECAP: Stocks and currencies in Asia gained in line with a weakening of the US dollar, as traders embraced riskier assets on prospects the Federal Reserve's tightening cycle is nearing an end.

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INVESTMENT

Conflict, US inflation pressure local stocks

Business, Nuntawun Polkuamdee, Published on 17/10/2023

» The war in the Middle East may escalate and US inflation remains high, putting pressure on Thai stocks to fall more than 2%.

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INVESTMENT

Asian shares subdued as rate worries resurface

Business, Published on 22/07/2023

» RECAP: Asian shares were subdued yesterday after Wall Street retreated on fresh signs of US labour-market resiliency, which could support another increase in interest rates after an expected move next week.