Showing 51 - 60 of 643
SET chief allays fear about Credit Suisse
Nuntawun Polkuamdee, Published on 16/03/2023
» The president of the Stock Exchange of Thailand (SET) has rushed to calm investors’ concerns regarding the troubles of Credit Suisse and global anxiety about banks in general.
SET rides Asian rebound as bank worries ease
Business, Nuntawun Polkuamdee, Published on 18/03/2023
» RECAP: Asian equities advanced yesterday after a rescue package for First Republic Bank fuelled a rebound in US shares. Even so, the MSCI gauge of Asian shares recorded a second weekly loss after the recent turbulence in the global banking sector.
Mutual and pension funds tamp down concerns
Business, Nuntawun Polkuamdee, Published on 16/03/2023
» The Association of Investment Management Companies (AIMC) and the Government Pension Fund (GPF) yesterday issued a statement announcing they have no direct investment in the assets of the collapsed Silicon Valley Bank (SVB).
Asia follows Wall Street down, SET falls below 1,600
Business, Nuntawun Polkuamdee, Published on 11/03/2023
» RECAP: Asian shares slumped on Friday, with the SET closing below 1,600 points, following a sharp decline on Wall Street amid concern that pockets of trouble in the US banking sector could portend broader dangers.
Tax waiver boosts ICO fundraising
Business, Nuntawun Polkuamdee, Published on 10/03/2023
» XSpring Digital (XD), a Bangkok-based initial coin offering (ICO) portal service provider, is upbeat about its business outlook this year after the cabinet recently decided to waive value-added tax (VAT) on the sale of investment tokens.
SET moves lower despite upbeat Asian trend
Business, Nuntawun Polkuamdee, Published on 04/03/2023
» RECAP: Asian shares rose yesterday on prospects for a steady economic recovery in China, and after Wall Street reversed losses following remarks by a Fed official that signalled a measured approach to raising US interest rates.
Foreigners flee Thai stocks at rapid rate
Business, Nuntawun Polkuamdee, Published on 02/03/2023
» Foreign investors were net sellers of US$1.1 billion (37 billion baht) worth of shares on the Thai stock exchange in February, the highest value among Asian bourses for the month and the biggest net sell-off on the exchange since April 2020, with several factors pressuring investments, according to analysts.
KAsset targets AUM growth of 10% with new strategies
Business, Nuntawun Polkuamdee, Published on 21/02/2023
» Kasikorn Asset Management (KAsset) aims to grow the firm's assets under management (AUM) by 10% this year to 1.55 trillion baht, partly by reaching out to Kasikornbank's middle- and lower-income clients.
Asian markets mixed but SET sees correction
Business, Nuntawun Polkuamdee, Published on 25/02/2023
» RECAP: Asian markets were mixed yesterday, with traders still preoccupied by interest rate worries, though Tokyo rallied after the man tipped as Japan's next central bank head made the case for keeping its ultra-loose policy.
Asian shares slide, SET falls on weak GDP data
Business, Nuntawun Polkuamdee, Published on 18/02/2023
» RECAP: Asian shares and currencies slipped on Friday as strong economic data from the US and hawkish Federal Reserve comments revived fears that the US central bank will stick to its path of interest rate increases to tame inflation.