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BUSINESS

Bourse provides clarity on suspicious trades of MORE shares

Business, Nuntawun Polkuamdee, Published on 17/11/2022

» Several brokers on Wednesday filed complaints with the Economic Crime Suppression Division related to the investor who bought More Return Plc (MORE) shares late last week, but defaulted on the payment, causing damage estimated at more than 4 billion baht.

BUSINESS

MORE chief aims to snap up shares

Business, Nuntawun Polkuamdee, Published on 16/11/2022

» The president and chief executive of More Return Plc (MORE) is planning to seek new partners to soak up the company's 1.5 billion shares now in the hands of more than 10 securities firms for 1 baht apiece, down from the last publicly traded price of 1.37 baht before the stock was suspended from trade on Nov 14.

BUSINESS

Interest rates anticipated to peak later this month

Business, Nuntawun Polkuamdee, Published on 03/11/2022

» Global interest rates are projected to reach a ceiling later this month as inflation fears have eased and several central banks are starting to worry about the impact of aggressive monetary policies on the global economy, says Tisco Securities.

BUSINESS

Spot gold declines to lowest in over 2 years

Business, Nuntawun Polkuamdee, Published on 19/09/2022

» The spot gold price dropped to its lowest level in more than two years, pressured by a strong US dollar and the rise of US government bond yields amid concerns about prolonged tightening monetary policy and the likelihood of recession.

BUSINESS

Asian markets sell off amid recession worries

Business, Nuntawun Polkuamdee, Published on 17/09/2022

» RECAP: Asian markets sold off sharply on Friday and Europe followed as investors braced for a hefty US rate hike next week amid growing concerns of a global recession following warnings from the World Bank and the International Monetary Fund.

BUSINESS

Rates, inflation and energy have investors' attention

Business, Nuntawun Polkuamdee, Published on 10/09/2022

» RECAP: Global markets remained fixated this week on inflation, interest rates and energy prices. There was added drama in Britain, where the passing of Queen Elizabeth II came just two days after Prime Minister Liz Truss took office and announced a bold plan to cap soaring energy prices for two years.

BUSINESS

Zipmex claims progress in its fundraising

Business, Nuntawun Polkuamdee, Published on 09/09/2022

» Singapore-based Zipmex says it is in the final stage of fundraising with potential investors to resolve its liquidity issues, a day after the Securities and Exchange Commission (SEC) issued a police complaint against the crypto exchange firm and its co-founder.

BUSINESS

SEC to check criteria for digital assets

Business, Nuntawun Polkuamdee, Published on 06/09/2022

» The Securities and Exchange Commission (SEC) on Monday insisted that digital assets are required to meet the criteria as notified by the regulator to be traded on any private operator's exchange.

BUSINESS

SET plunges as Fed hikes rates hard

Nuntawun Polkuamdee, Published on 16/06/2022

» The Thai stock market fell on Thursday, after the United States Nasdaq futures market tumbled more than 2% on concerns over the economic impacts of aggressive rate hikes from the Federal Reserve.

LIFE

GuildFi is playing a serious game

Business, Nuntawun Polkuamdee, Published on 11/12/2021

» Among the myriad emerging digital products and forms of value creation powered by rapid advancements in financial technologies, Web 3.0 and the metaverse are play-to-earn (P2E) games that allow players to earn non-fungible tokens (NFTs) or other digital coins and trade them on a marketplace.