Showing 1 - 6 of 6
New THAI boss envisions turnaround
Business, Chatrudee Theparat, Published on 09/10/2018
» Sumeth Damrongchaitham, 53, was officially appointed last month as president of Thai Airways International Plc (THAI).
Finance Ministry to hold 99% of IBank
Business, Chatrudee Theparat, Published on 31/05/2018
» The government is set to inject 2 billion baht into state-owned Islamic Bank of Thailand (IBank) as soon as there is an announcement of the amended Islamic Bank of Thailand Act in the Royal Gazette, allowing the Finance Ministry to hold more than 49% of the bank.
SET up 0.2%, global markets cringe over trade war fears
Business, Published on 03/03/2018
» Recap: Global stock markets fell to two-week lows yesterday, with steelmakers taking a pounding after US President Donald Trump said he would impose hefty tariffs on imports of steel and aluminium, reviving fears of a trade war.
Disappointment with Opec accord hits world equities
Business, Published on 29/05/2017
» Recap: Global equity markets retreated last week as a slump in crude prices triggered a sell-off in energy stocks after an Opec-led decision to extend output cuts fell short of expectations. However, markets rallied on Friday amid a consensus that the sell-off had been an overreaction. The energy-heavy Thai stock market started the week strongly in anticipation of good news from Opec, and offshore fund inflows helped to limit losses later.
Share trade subdued after long-expected Fed move
Business, Published on 19/06/2017
» Recap: Asian stock markets traded cautiously earlier last week as investors awaited the US Federal Reserve's rate decision. A rout in US technology stocks later in the week also dampened market sentiment. The Thai stock market still moved in a rangebound trade amid a lack of positive news.
Worries about korea and france keep trade subdued
Business, Published on 24/04/2017
» Recap: Global stock markets were subdued earlier last week amid concerns over mounting geopolitical tension on the Korean peninsula and Sunday's first-round presidential election in France. However, sentiment for risk assets improved later as optimism spread about US tax reform. The Thai stock market moved back and forth amid a dearth of positive catalysts.