Showing 71 - 80 of 966
Analysts pick modest Fed rate increase
Business, Nuntawun Polkuamdee, Published on 22/03/2023
» Kasikorn Research Center (KResearch) expects the United States Federal Reserve (Fed) to increase interest rates by 0.25% on Wednesday to tame inflation as the banking crisis in the US and Europe has eased somewhat.
Bitcoin price set to surge if Federal Reserve keeps rates steady
Business, Nuntawun Polkuamdee, Published on 23/03/2023
» While gold prices have edged down, the price of Bitcoin stayed above US$28,000, its highest level in 10 months, for a second straight day on Wednesday, with experts predicting it might go up further if the US Federal Reserve does not raise interest rates this week.
Brokerages announce downbeat outlook
Business, Nuntawun Polkuamdee, Published on 13/03/2023
» The total value of securities traded on the Stock Exchange of Thailand is expected to decrease this year from 2022 as concerns about the global economic slowdown and US interest rate hikes affect investor confidence, says the Association of Securities Companies (Asco).
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).
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.
Heng eyes 25% growth in portfolio
Business, Nuntawun Polkuamdee, Published on 06/03/2023
» SET-listed Heng Leasing aims to expand its loan portfolio by 20-30% to 14.4 billion baht this year thanks to rising car registration loans, while reducing its non-performing loans (NPLs) to 2.9% from 3%.
Morningstar unit lists top global funds
Business, Nuntawun Polkuamdee, Published on 07/03/2023
» Morningstar Research (Thailand), a unit of the American financial services company, recently revealed the top five global equity funds in terms of returns for the past three years and year-to-date, with most focusing on investing in mega trend themes.
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.
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.
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.