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BUSINESS

Asian bourses advance but SET could see volatility

Business, Nuntawun Polkuamdee, Published on 04/02/2023

» RECAP: Most Asian stock markets rose yesterday while currencies fell against a firmer US dollar, as investors awaited a key US jobs report for more clues about interest rates after mixed signals from global central banks.

BUSINESS

Abrdn rolls out new Asia equity fund

Business, Nuntawun Polkuamdee, Published on 06/02/2023

» Aberdeen Asset Management (Abrdn) is launching a new Asia equity fund focusing on Chinese and Thai stocks as it believes China's reopening will drive Thailand's tourism industry to expand substantially this year.

BUSINESS

Eastspring warns of volatility ahead

Business, Nuntawun Polkuamdee, Published on 07/02/2023

» The investment outlook remains volatile in 2023 due to monetary policy tightening and geopolitical risks, but China and the rest of Asia will likely benefit from the reopening of borders, says Eastspring Asset Management (Thailand).

BUSINESS

Foreign funds flock to Asia amid economic recovery

Business, Nuntawun Polkuamdee, Published on 08/02/2023

» Foreign funds continued to flow into Asian stock markets in January, backed by the economic recovery and China's reopening, according to a Stock Exchange of Thailand (SET) briefing on Tuesday.

BUSINESS

BBLAM now bullish on Asean, China

Business, Nuntawun Polkuamdee, Published on 09/02/2023

» BBL Asset Management (BBLAM) is overweighting its investment in Chinese and Asean stocks this year as the prospects for economic recovery are higher in Asia than in the West.

BUSINESS

SEC preparing disclosure rules for crypto exchanges

Business, Nuntawun Polkuamdee, Published on 10/02/2023

» The Securities and Exchange Commission (SEC) is preparing to require cryptocurrency exchange operators to disclose the risks involved in their trade, the regulator said on Thursday.

BUSINESS

MORE shares dip after asset seizure request

Business, Nuntawun Polkuamdee, Published on 11/02/2023

» Shares of More Return Plc (MORE) fell after the Anti-Money Laundering Office (Amlo) decided to confiscate 4.5 billion baht worth of assets from people involved in the company’s alleged fraudulent transactions in November last year.

BUSINESS

Regional shares retreat, foreign selling continues

Business, Nuntawun Polkuamdee, Published on 11/02/2023

» RECAP: Asia-Pacific stocks retreated on Friday, slumping towards a second weekly loss as investors fretted about the potential for further US Federal Reserve tightening.

BUSINESS

SET records strong January performance

Business, Nuntawun Polkuamdee, Published on 14/02/2023

» The Stock Exchange of Thailand (SET) performed strongly in the first month of 2023, with companies continuing to mobilise funds through the bourse in various forms to expand their businesses, according to the authorities.

BUSINESS

MORE president resigns amid trading probe

Business, Nuntawun Polkuamdee, Published on 14/02/2023

» Ummarit Klomchitcharoen, president and chief executive of More Return (MORE), on Monday informed the Stock Exchange of Thailand (SET) of his resignation after being accused of manipulating the company's share price, along with 17 others, in November last year.