
Articles
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1 week ago |
bangkokpost.com | Nuntawun Polkuamdee |Nareerat Wiriyapong
RECAP: Asian shares fell yesterday as the euphoria over a US court ruling blocking President Donald Trump's sweeping tariffs wore off, giving way to concerns about prolonged economic uncertainty while Trump challenges the decision. Investors cut back positions in the Thai market ahead of a 4-day weekend amid rising market uncertainty after the tariff issue entered US courts.
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1 week ago |
bangkokpost.com | Nuntawun Polkuamdee
PUBLISHED : 29 May 2025 at 03:30 SET-listed Indorama Ventures (IVL) has acquired almost 25% of EPL, a Mumbai-based speciality packaging company, in a move to expand its footprint in emerging markets and diversify its global supply chain. Aloke Lohia, group chief executive of IVL, said the minority stake in EPL aligns with IVL's strategy to leverage its manufacturing base in India, which includes PET resins, polyester filaments, yarns, non-woven fabrics and ethylene oxide derivatives.
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1 week ago |
bangkokpost.com | Nuntawun Polkuamdee
The cryptocurrency has shifted from a speculative asset to an institutional bulwark, according to traders. After hitting a record high of US$111,000 last Thursday, the next resistance level for Bitcoin is projected at $130,000 as the cryptocurrency has shifted from a speculative asset to a "strategic pillar" of the modern economy, say pundits.
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1 week ago |
bangkokpost.com | Nuntawun Polkuamdee
Crypto coin will raise government funds PUBLISHED : 27 May 2025 at 04:49 Thailand plans to become the first country to authorise government borrowing from the public using government-backed digital token. The Securities and Exchange Commission (SEC) has clarified that the upcoming G-Token cannot be used as a means of payment and the intention is not that it be traded speculatively like other cryptocurrencies.
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2 weeks ago |
bangkokpost.com | Nuntawun Polkuamdee |Nareerat Wiriyapong
RECAP: Asian equities stabilised yesterday, a day after a sell-off in Treasuries that reflected concerns about US fiscal stability and rattled markets around the globe. The SET is consolidating, with no fresh macro catalyst to drive sentiment, though investor concerns eased after the US House approved the tax bill.
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