Showing 1 - 10 of 18
Analysts expect crypto bull market to persist
Business, Nuntawun Polkuamdee, Published on 03/11/2025
» Renewed US-China trade tensions sparked a massive sell-off in the crypto market last month, with Bitcoin plunging from US$122,000 to $107,000 at one point, but analysts are referring to it as a "deep but temporary" reset, adding the bull cycle is not over yet.
Asian shares powered by tech rally, yen revives
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 04/05/2024
» RECAP: Hong Kong led gains across most Asian and European markets on Friday thanks to a surge in tech giants, while the yen extended gains against the dollar on revived hopes for US interest rate cuts.
Bitcoin slumps as Fed vows to keep rates steady longer
Business, Nuntawun Polkuamdee, Published on 03/05/2024
» Bitcoin tumbled to a two-month low of around US$57,000 after Federal Reserve chairman Jerome Powell remarked that interest rates are likely to stay higher for longer as the central bank tries to stamp out stubborn inflation.
Asian equities rise amid expected rate relief
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 04/11/2023
» RECAP: Stocks and currencies in Asia gained in line with a weakening of the US dollar, as traders embraced riskier assets on prospects the Federal Reserve's tightening cycle is nearing an end.
Thailand slips in crypto adoption
Business, Published on 14/10/2023
» Thailand has slipped two places to 10th in the fourth annual Chainalysis Global Crypto Adoption Index, which combines on-chain and real-world data to measure which countries lead the world in grassroots crypto adoption.
Crypto market aflutter
Business, Sirinnaree Ongsakul and Nuntawun Polkuamdee, Published on 22/05/2023
» Last year was a rough one for cryptocurrencies as Bitcoin, the largest digital asset in the world, lost nearly 65% of its market value.
Trying to determine if the crypto winter is ending
Business, Hazel Hernandez, Published on 08/04/2023
» In late 2022 the cryptocurrency market crashed after a heady period of successive highs. The value of Bitcoin dropped 63%, the overall cryptocurrency market lost $1.63 trillion in value, and thousands of small altcoins were pretty much wiped from existence.
Asian shares gain as bank worries ease
Business, Nuntawun Polkuamdee, Published on 01/04/2023
» RECAP: Asian stock markets advanced yesterday as investors' focus shifted from worries about the global banking system. That followed a revival on Wall Street, where rate-sensitive property and technology stocks led gains on Thursday.
China optimism lifts Asian equities
Business, Nuntawun Polkuamdee, Published on 07/01/2023
» RECAP: Asian equities advanced on Friday amid hopes for China's emergence from the pandemic and an economic lift from renewed travel from the mainland.
Long arm of the law affects all
Business, Nareerat Wiriyapong, Kanana Katharangsiporn, Suchit Leesa-Nguansuk, and Molpasorn Shoowong, Published on 30/12/2022
» With the economy on a recovery path, 2022 offered a roadmap for various industries to grow and cash in on near-term opportunities. For some sectors, a lack of supervision stymied potential development. As new rules are imposed and others expire, businesses and individuals need to adapt because the government is desperate for higher tax revenue.