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BUSINESS

China worries send Asian shares lower again

Business, Nuntawun Polkuamdee and Darana Chudasri, Published on 19/08/2023

» RECAP: Shares in Asia continued to decline yesterday against the backdrop of worries about the Chinese economy and property sector and higher global interest rates.

BUSINESS

Buying peace of mind

Business, Darana Chudasri, Published on 06/09/2021

» Amidst the tumult of the pandemic, both insurers and the insured face an enormous challenge to navigate and manage health risks.

BUSINESS

Gulf tender nets 23.3% of InTouch

Business, Komsan Tortermvasana and Darana Chudasri, Published on 06/08/2021

» SET-listed Gulf Energy Development acquired a 23.32% stake in InTouch Holdings Plc through a 25-day tender offer that ended on Wednesday, becoming the largest shareholder in the tech and telecom-oriented holding firm with a 42.25% stake.

BUSINESS

Global shares steady but crackdown rattles China

Business, DARANA CHUDASRI and NUNTAWUN POLKUAMDEE, Published on 31/07/2021

» Recap: Global stocks tracked solid corporate earnings growth while Chinese equities slipped to their lowest in the month on concerns about regulatory crackdowns. Asian and emerging market shares also edged lower on Friday. The MSCI World Index gained 1.1% for the month.

BUSINESS

All eyes on Fed next week as global shares steady

Business, DARANA CHUDASRI and NUNTAWUN POLKUAMDEE, Published on 24/07/2021

» Recap: Global stocks had a volatile week before picking up on Friday. The MSCI World Index steadied after three days of gains. The market is looking ahead to next week's Federal Reserve meeting after the European Central Bank pledged on Thursday to continue with heavy stimulus spending. Emerging markets and Asian shares slid, pressured by coronavirus worries.

BUSINESS

Local gold prices hit three-month high

Business, Darana Chudasri and Nuntawun Polkuamdee, Published on 21/07/2021

» Thai gold prices hit a three-month high at 28,200 baht per one-baht weight on Tuesday, spurred by the depreciating baht which hit a 13-month low and the continued decline of Thai shares amid rising Covid infections.

BUSINESS

OIC mulls rejig of Covid framework

Business, Darana Chudasri, Published on 20/07/2021

» The Office of Insurance Commission (OIC) is discussing with the Thai General Insurance Association (TGIA) tightening the interpretation framework for the conditions of Covid insurance contracts to protect consumers and prevent abuse of legal loopholes, said Suthiphon Thaveechaiyagarn, OIC's secretary-general.

BUSINESS

Equities steady as Fed calms inflation jitters

Business, DARANA CHUDASRI & NUNTAWUN POLKUAMDEE, Published on 17/07/2021

» Recap: The MSCI World Index held its ground yesterday despite some modest dips in Asia, while European shares opened higher. Equity investors were heartened by Federal Reserve statements that calmed worries about inflation.

BUSINESS

Emerging market equities wobble as Delta spreads

Business, DARANA CHUDASRI & NUNTAWUN POLKUAMDEE, Published on 10/07/2021

» Recap: Global stocks steadied on Friday, but the MSCI Index of emerging markets was poised for a 2.9% weekly fall, while emerging market currencies also retreated.

BUSINESS

State mulls ending tax waiver on share sales

Business, Wichit Chantanusornsiri and Darana Chudasri, Published on 07/07/2021

» A plan to introduce a tax on the sale of shares by individual investors on the local bourse is part of the Finance Ministry's tax reform agenda, says Revenue Department director-general Ekniti Nitithanprapas.