The baht is likely to strengthen further after it appreciated beyond 34 to the dollar on Tuesday, as Donald Trump
BANGKOK (AP) — Shares fell Friday in Asia after U.S. markets ... reflects weakening confidence about the chances of further interest rate cuts by the Federal Reserve given recent data showing unexpected strength in the U.S. economy.
Among the actives, Advanced Info rallied 2.54 percent, while Thailand Airport stumbled 1.27 percent, Asset World tanked 2.38 percent, Banpu climbed 0.97 percent, Bangkok Bank shed 0.33 percent ...
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Mitsubishi Power announced it has completed construction of a 1.4-GW natural gas-fired combined-cycle power plant in Thailand, with the second unit of the two-unit station now in commercial operation.
SLB helped lead the market after the provider oilfield services delivered bigger profit and revenues for the end of 2024 than analysts expected. It jumped 6.1% after it also raised its dividend by 3.6% and said it’s returning $2.3 billion to its investors by buying back its own stock.
The Thai stock market on Tuesday halted the three-day slide in which it had slipped slipping more than a dozen points or 0.8 percent.
EBC financial Group explores the impact of policy shifts, inflation, and market dynamics under the trump administration, with insights into Gold and global markets. EBC Financial Group analyses policy shifts, inflation, and commodities trends, diving into key factors shaping investor sentiment.
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The Thai stock market has ticked lower in two straight sessions, slipping more than a dozen points or 0.8 percent along the way. The
Asian shares advanced early Monday and bitcoin surged to a record high ahead of the inauguration of President-elect Donald Trump. U.S. markets will be closed Monday for a holiday.
The central bank’s recent infusion of financial-market brawn includes Beth Hammack, who worked for three decades at Goldman Sachs.