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  • News & article

    AIS seeks partners for virtual bank

    Business, Komsan Tortermvasana, Published on 06/02/2024

    » Advanced Info Service (AIS) is in talks with PTT Oil and Retail Business (OR) and a digital platform provider on a potential partnership to apply for a virtual bank licence from the Bank of Thailand, according to AIS chief executive Somchai Lertsutiwong.

  • News & article

    Asian trade subdued as economic outlook weakens

    Business, Published on 13/05/2023

    » RECAP: Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from the US and China fuelled concerns about a global slowdown.

  • News & article

    Deputy premier hopeful for 2023

    Business, Published on 28/10/2022

    » Thailand's economy should not succumb to the global economic slowdown projected for next year, but rather continue its recovery propelled by new infrastructure development and increasing digital know-how among people, says Deputy Prime Minister Supattanapong Punmeechaow.

  • News & article

    Oil, war, pandemic: Economic costs mount

    Business, Published on 14/03/2022

    » The Russian invasion of Ukraine is sending economic shockwaves around the globe with crude oil prices at one point reaching US$130 per barrel, hitting businesses already reeling from tepid consumption caused by the Covid-19 pandemic.

  • News & article

    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.

  • News & article

    North korea and oil slump keep investors on sidelines

    Business, Published on 10/07/2017

    » Recap: A long-range missile launch by North Korea put investors back in risk-off mode early last week. A sharp decline in oil prices further dampened sentiment before a Friday rally on Wall Street in response to better-than-expected job figures for June. A buying spree in energy giant PTT following a recent fall and in banking stocks ahead of second-quarter earnings results helped limit losses in the Thai stock market.

  • News & article

    Stocks trade in narrow range as investors comb us data

    Business, Published on 07/08/2017

    » Recap: Global investors remained concerned last week about US political developments and economic data that could influence a Federal Reserve interest-rate increase, amid signs that the Fed was growing more cautious. Wall Street staged a revival on Friday after the US reported strong employment numbers for July.

  • News & article

    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.

  • News & article

    SET fails to advance despite surprise rate cut

    Business, Published on 16/03/2015

    » Recap: US and global stock markets climbed for most of last week, propelled by eased worries over a US rate increase following a report of disappointing retail sales in February. In the Thai stock market, the Bank of Thailand's unexpected move to cut its policy rate improved investors' risk appetite but stocks still failed to advance.

  • News & article

    Global shares follow wall street upward

    Business, Published on 20/02/2017

    » Recap: Wall Street's record highs spurred other stock markets globally early last week. President Donald Trump's comment that his administration would soon unveil a "phenomenal "tax policy spurred the rally in stocks, the dollar and emerging-market assets. Federal Reserve chair Janet Yellen's upbeat assessment of the US outlook and hints at a March interest-rate increase also bolstered investor risk sentiment.

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