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Search Result for “net profits”

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BUSINESS

SET to curb short selling, high-speed trades amid slide

Bloomberg News, Published on 19/02/2025

» The Stock Exchange of Thailand will tighten curbs on short selling and high-frequency trading as it attempts to revive investor confidence in the world’s worst-performing equity market.

WORLD

Aboriginal group seeks $1.1bn for mining damages

Reuters, Published on 19/02/2025

» MELBOURNE - An Aboriginal group is seeking A$1.8 billion (US$1.1 billion) in compensation from from Western Australia after the state government allowed Fortescue to mine for iron ore without a land use deal, court filings showed on Wednesday.

BUSINESS

MFC Asset promotes initial Ethereum ETF

Business, Nuntawun Polkuamdee, Published on 19/02/2025

» MFC Asset Management is launching Thailand's first Ethereum exchange-traded fund (ETF) to invest in the world's second-largest cryptocurrency amid the boom in the asset class, rallied in part by US President Donald Trump's pro-crypto policies.

BUSINESS

Global Power Synergy set to benefit from rising electricity demand

Business, Yuthana Praiwan, Published on 19/02/2025

» Demand for electricity in Thailand, which is expected to increase this year, will boost revenue for SET-listed Global Power Synergy (GPSC) after it experienced a slight drop in earnings in 2024.

OPINION

How to counter Trump's tariffs

Oped, Shang-Jin Wei, Published on 19/02/2025

» After months of threats and speculation, US President Donald Trump has officially launched his long-anticipated trade war. He has just imposed 25% tariffs on all steel and aluminium imports. His new 10% tariff on Chinese imports will further strain the world's second-largest economy, which is already grappling with slowing growth and unfavourable demographics. And his postponed -- but not cancelled -- 25% tariffs on Canada and Mexico, together with threats to impose new tariffs on the European Union, India, and many more countries, put greater pressure on key US allies.

OPINION

Sun-powered schools are a smart move

Oped, Rapeepat Ingkasit, Published on 19/02/2025

» Thailand's rising electricity costs are not just a concern for businesses; they are placing a financial burden on schools. In 2023, a local business daily, Bangkok Biz, reported that many schools were struggling with high electricity liabilities.