Showing 1 - 10 of 263
Eastspring bullish on growth prospects for foreign stocks
Business, Nuntawun Polkuamdee, Published on 22/05/2024
» Eastspring Asset Management (Thailand) sees high potential for foreign stocks to grow, launching funds to invest specifically in the US and China, expecting a recovery for the latter is on the horizon.
Gold hits all-time high amid geopolitical strife
Business, Nuntawun Polkuamdee, Published on 21/05/2024
» Gold prices soared to an all-time high of US$2,450 an ounce on Monday, as a slowing inflation trend in the US increased optimism that the Federal Reserve will start easing monetary policy this year, while geopolitical tension in the Middle East is on the increase.
Analysts expecting rate cuts to be delayed
Business, Somruedi Banchongduang, Published on 21/05/2024
» Following better-than-expected GDP growth in the first quarter, research houses are predicting that the Bank of Thailand will delay any policy rate cut until the end of this year or next year.
Q1 GDP grows 1.5% y/y, above forecast
Published on 20/05/2024
» Thailand's economy expanded 1.5% in the first quarter from a year earlier, official data showed on Monday, beating analysts' expectations.
Asian shares retreat on China weakness
Business, Published on 18/05/2024
» RECAP: Stocks in Asia fell yesterday after data from China showed fresh economic weakness and traders reassessed the path forward for US interest rates.
Equities tipped to hit new high amid rate cut hopes
Business, Nuntawun Polkuamdee, Published on 17/05/2024
» Global stocks, especially on the US exchanges, could hit an all-time high in the second quarter as investors are expected to embrace riskier assets after concerns ease over the Federal Reserve's interest rate actions, says Thai wealth management platform Finnomena.
Ministry, Bank of Thailand iron out differences
Business, Published on 17/05/2024
» In a move to alleviate conflict between the government and the Bank of Thailand, Finance Minister Pichai Chunhavajira has reiterated the government acknowledges the central bank's autonomy to set interest rate policies.
Dow index tops 40,000 for first time
Published on 16/05/2024
» NEW YORK - The Dow Jones Industrial Average breached the 40,000-point level for the first time ever on Thursday, its fastest 10,000-point climb, powered by strong quarterly results and rising bets of interest-rate cuts by the Federal Reserve.
Pichai: Financial access more worrying than interest rates
Published on 16/05/2024
» The government is more worried about financial access than interest rates, Finance Minister Pichai Chunhavajira said on Thursday.
Finance minister and BoT chief to meet Thursday
Published on 15/05/2024
» Finance Minister Pichai Chunhavajira says he plans to meet with Bank of Thailand Governor Sethaput Suthiwartnarueput on Thursday, in hopes of easing disagreements between the government and the central bank over interest rates.