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  • BUSINESS

    Prasert stays richest for Thai shares

    Business, Published on 10/12/2015

    » Prasert Prasarttong-Osoth, founder of Bangkok Dusit Medical Services Plc (BGH) and Bangkok Airways Plc (BA), remains the richest businessman on the Thai stock market for the third consecutive year, with publicly listed shares worth 62 billion baht, up 7.7% from the previous year.

  • BUSINESS

    Set Gains on oil revival as greek drama intensifies

    Business, Published on 09/02/2015

    » Recap: Asian stock markets were rattled by concerns about Greece's plans to renegotiate its bailout. Worries mounted after Greece's new finance minister clashed with his powerful German counterpart and the European Central Bank (ECB) moved to stop funding Greece's lenders.

  • BUSINESS

    Set flirts with 1,600 as central banks stay busy

    Business, Published on 01/12/2014

    » Recap: China's surprise interest rate cut, the first in more than two years, and speculation about further stimulus by the European Central Bank (ECB) propelled the run-up in Asian stock markets last week. The buying spree in tax-saving equity funds as the year-end approaches buoyed the Thai bourse which briefly surpassed 1,600 points.

  • BUSINESS

    Prasert keeps top spot for rich investors

    Business, Published on 13/12/2014

    » Prasert Prasarttong-Osoth, founder of Bangkok Dusit Medical Services Plc (BGH) and Bangkok Airways Plc (BA), has been ranked the richest businessman on the Thai stock market for the second consecutive year, with publicly listed shares worth 57.91 billion baht, up 58.24% from the previous year.

  • BUSINESS

    Set recovers from manic monday with help from FED

    Business, Published on 22/12/2014

    » Recap: Global stock markets were jolted by further slide in oil prices early last week, but the US Federal Reserve's assurances on Wednesday that it would be "patient" about raising interest rates revived sentiment. The Thai stock market was also rattled further by an unspecified rumour that sent the SET index plunging 9.2% at one point on Monday — the biggest intraday fall since October 2008 — before bargain-hunting narrowed the loss. The SET said it found no irregularities in the slide, putting it down to panic selling.

  • BUSINESS

    Better global outlook spurs share rebound

    Business, Published on 27/10/2014

    » Recap: Global bourses, especially in the US and Europe, rebounded as investors hoped for more European Central Bank (ECB) stimulus. However, activity in Thailand was muted as concerns over the health of the domestic economy mounted.

  • BUSINESS

    China worries keep lid on global equity gains

    Business, Published on 25/08/2014

    » Recap: Asian stock markets marched up early last week amid eased concerns over a Russia-Ukraine confrontation and upbeat US economic readings, but a sell-off kicked in on renewed concerns over China's economy after tepid manufacturing figures were released. The Thai stock market stayed firmly above the resistance of 1,550 points on hopes that the economy will recover now that NCPO leader Gen Prayuth Chan-ocha has been chosen as the new prime minister.

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