Showing 1 - 10 of 39
All eyes on crucial Fed interest rate meeting
Business, Nuntawun Polkuamdee, Published on 18/03/2025
» The US Federal Open Market Committee (FOMC) meeting, scheduled for March 18-19, is expected to be a crucial indicator of the stock market's direction alongside precious metal prices, following spot gold's record high of US$3,004.86 per ounce on Friday.
Thai stocks face further falls amid oil and banking woes
Business, Nareerat Wiriyapong, Published on 30/01/2025
» The Stock Exchange of Thailand (SET) index risks falling below 1,300 points after testing a low of 1,335 on Tuesday, as oil-related stocks continue to drag down the bourse, while banking stocks may be affected by the Cyber Security Act, say analysts.
Uncertainties and challenges
Business, Published on 30/12/2024
» 2025 is just around the corner and everyone is looking for clues about the prospects for the global and domestic economies in the coming year.With Donald Trump set to return to the White House on Jan 20, the US factors seem difficult to predict given the personality of the President-elect billionaire we all learned from his first term.But something the world can expect is growing US protectionism, through the proposed import tax hike Trump has clearly announced; countermeasures from the targeted countries, notably China, would put the global economy on the verge of turmoil.Amid the uncertainties and challenges ahead, the Bangkok Post has identified five megatrends for 2025.Let's hear from experts about their potential development in the year to come so we can at least prepare ourselves for what could be another tough year.
Listed firms' earnings likely to fall below forecast
Business, Nuntawun Polkuamdee, Published on 19/11/2024
» Listed companies posted total net profit of 193 billion baht in the third quarter, down 29% year-on-year and a 24% decrease from three months earlier, with analysts saying earnings for the whole of 2024 are likely to fall below their forecast.
Thai gold primed for record high
Business, Nareerat Wiriyapong, Published on 04/10/2024
» The domestic price of gold could hit 44,000 baht per baht weight, from 41,350 baht now, as tensions rise in the Middle East, the baht depreciates and the US Federal Reserve is expected to continue cutting interest rates, says the Gold Traders Association (GTA).
Where to look as rates dip
Business, Nuntawun Polkuamdee, Published on 23/09/2024
» After the Federal Reserve cut US interest rates for the first time in four years last week with more trims planned, positive sentiment pulsed for various assets.
Why is the SET in a protracted slump?
Business, Nareerat Wiriyapong, Published on 11/07/2024
» On July 1, with investors searching for clues about their investments in the second half of 2024, the Stock Exchange of Thailand (SET) index slipped below the psychological level of 1,300 points for the second time in a month.
Index might keep trading sideways
Business, DAOL Securities, Published on 08/06/2024
» The downtrend on the Stock Exchange of Thailand persisted in May, despite a temporary rebound when the SET index briefly surpassed 1,370 points early in the month. The index peaked at 1,389 points before pulling back below 1,370. Among the key factors expected to influence trading going forward:
Equities muted as timing of US rate cuts unclear
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 06/01/2024
» RECAP: Asian shares were mixed yesterday and the dollar was near a three-week high as traders dialled back bets of early US interest-rate cuts, after Federal Reserve meeting minutes provided few clues.
E-commerce faces tax crackdown
Business, Suchit Leesa-nguansuk, Published on 04/01/2024
» The Revenue Department's decision to require digital platforms to report revenue gained from their online merchants is expected to affect Thailand's e-commerce landscape on many fronts.