Showing 1 - 5 of 5
Siam Commercial Bank's purchase of crypto exchange Bitkub stalled
Published on 01/08/2022
» A deal to sell a majority stake in Thailand’s largest crypto exchange to the nation’s oldest bank remains stuck in due diligence more than eight months after the plan was unveiled, according to the platform’s co-founder.
Pace plans restructuring of Dean & DeLuca to stem losses
Business, Darana Chudasri, Published on 19/07/2019
» SET-listed Pace Development Corporation Plc, the Bangkok-based owner of Dean & DeLuca, is set to revamp the ailing gourmet grocer business by splitting operations in Asia and the US for business restructuring.
Syria and Trump-Xi talks keep investors on sidelines
Business, Published on 10/04/2017
» Recap: Markets were rattled late last week after US cruise missiles struck a Syrian air base, while global investors moved to the sidelines pending the outcome of talks between US President Donald Trump and Chinese President Xi Jinping. Safe-haven assets such as the yen and gold soared and oil prices also surged. The formal promulgation of the country's 20th constitution, ensuring an election sometime late next year, helped keep the Thai stock market in a rangebound trade.
Asian equities dip as Fed signals imminent rate hike
Business, Published on 27/02/2017
» Recap: While the Dow Jones set fresh records before slipping on Friday, Asian stock markets retreated as investors reassessed the minutes of the Federal Reserve's last policy meeting, which kept the prospect of a March interest-rate increase in play. The Thai stock market tracked regional bourses in muted trade.
How industries gain and lose in the short-run with rising Thai baht
Jon Fernquest, Published on 18/10/2010
» Like a gigantic tsunami wave crossing the Pacific Ocean, US dollar depreciation is causing currency appreciation in Asian currencies. A major global currency realignment is underway.