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Search Result for “money laundering”

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BUSINESS

KTAM sets out investor risk factors amid US uncertainty

Business, Nuntawun Polkuamdee, Published on 24/05/2023

» Krungthai Asset Management (KTAM) has highlighted three factors that warrant caution for investors, urging them to sell US dollars, US bonds and US tech stocks amid ongoing uncertainties.

BUSINESS

SET slaps warning on Stark shares

Business, Nuntawun Polkuamdee, Published on 19/05/2023

» The Stock Exchange of Thailand (SET) plans to assign the "C" (caution) sign to shares of Stark Corporation today after the Securities and Exchange Commission (SEC) ordered the company to clarify its financial data within seven days.

BUSINESS

US banks on edge after rate hike

Business, Nuntawun Polkuamdee, Published on 06/05/2023

» Economists warn that two more US banks are on the verge of collapse after the Federal Reserve lifted its key interest rates by 0.25% this week, prompting stock prices of American lenders to drop sharply after the hike.

BUSINESS

Global stocks projected to decline

Business, Nuntawun Polkuamdee, Published on 02/05/2023

» Tisco Securities is warning that global stocks could slide in the near future as disappointing corporate profits and shrinking liquidity pressure market sentiment, with investors urged to hold more cash until the market correction.

BUSINESS

KAsset is feeling bullish on China amid reopening

Business, Nuntawun Polkuamdee, Published on 29/04/2023

» Kasikorn Asset Management (KAsset), the largest mutual fund company by assets under management (AUM), reports a healthy start to the year with net inflows of more than 30 billion baht in the first quarter.

BUSINESS

Asian shares revive after big US tech rally

Business, Nuntawun Polkuamdee, Published on 29/04/2023

» RECAP: Shares in Asia rallied yesterday after robust earnings from tech giants Meta, Microsoft and Alphabet buoyed Wall Street, where the S&P 500 had its best day since the first week of the year.

BUSINESS

Zipmex seeks to discuss fines with SEC

Business, Nuntawun Polkuamdee, Published on 26/04/2023

» Zipmex, the embattled cryptocurrency exchange, has arranged to discuss fines of nearly 11 million baht imposed on the company and its chief executive by the Securities and Exchange Commission (SEC), saying talks with potential new investors are ongoing.

BUSINESS

Money market funds lure investors with returns

Business, Nuntawun Polkuamdee, Published on 19/04/2023

» Depositors have started to move their money from bank accounts to money market funds, in part because of ongoing concerns about the banking crisis and also offers of higher returns, according to a recent report from financial services company Morningstar.

BUSINESS

Crypto spikes as SEC reassures public

Business, Nuntawun Polkuamdee, Published on 12/04/2023

» The price of Bitcoin surpassed US$30,000 on Tuesday, the highest level in 10 months, becoming the asset with the highest return year-to-date as investors become increasingly optimistic that the United States Federal Reserve (Fed) will soon end its aggressive monetary tightening.

BUSINESS

Eastspring looks to China, Asia and US

Business, Nuntawun Polkuamdee, Published on 04/04/2023

» Eastspring Asset Management (Thailand) is to prioritise its investments in China, the rest of Asia and the US in the second quarter, with a focus on tech and high-growth stocks that would continue the growth from the first quarter.