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Showing 1-8 of 8 results
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HSBC unit notches several awards
Business, Published on 09/09/2023
» HSBC Thailand was named "Best International Bank in Thailand" by Asiamoney and FinanceAsia magazines for the third consecutive year.
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Chearavanont family keeps crown as rich Thais get richer
Business, Published on 01/06/2017
» The Chearavanont brothers, led by Dhanin Chearavanont, honorary chairman of Charoen Pokphand (CP) Group, Thailand's agriculture and food conglomerate, remain the wealthiest family in Thailand this year, according to Forbes magazine.
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Set sheds another 2.2% as Asian sentiment subdued
Business, Published on 07/12/2015
» Recap: Asian stocks retreated last week, weighed down by negative factors including downbeat Chinese factory data, signals from Federal Reserve Chair Janet Yellen that an interest-rate increase this month is all but certain, and the smaller-than-expected scale of new stimulus by the European Central Bank. In Thailand, rumours in social media that the European Union (EU) had imposed sanctions against the country triggered panic selling.
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Global events set tone for choppy trading week
Business, Published on 11/08/2014
» Recap: Asian stock markets last week were jolted by renewed concerns over China's economic health and escalating tension in Ukraine. The Thai stock market was in a tug of war between profit-taking and buying on dips.
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China and Fed set tone as global shares head south
Business, Published on 16/11/2015
» Recap: Downbeat data out of China and the growing possibility of a US Federal Reserve interest-rate increase jolted global stock markets last week. The costly 1800-megahertz spectrum auction and softer oil prices also weighed on the Thai stock market.
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Asian stocks down over Glum manufacturing data
Business, Published on 28/09/2015
» Recap: Downbeat manufacturing data from the US and China stoked fresh worries over the global economy and sent Asian stock markets down. Sahaviriya Steel Industries Plc's debt woes also rattled Thai stocks with its shares and those of its three major lenders coming under a selling spree.
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Set returns from break to ride global surge
Business, Published on 18/08/2014
» Recap: Soft economic data from major countries raised expectations of new central bank stimulus efforts and propelled global stock markets last week. Easing tensions in Ukraine after Russia finished military drills also bolstered sentiment. After a long holiday, Thai shares started strongly on Wednesday, buoyed by heavy foreign and institutional buying before fading late in the week.
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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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