Baht slides on Fed movements | Bangkok Post: business

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  • Baht slides on Fed movements

    23 May 2013 : The baht fell by its biggest margin in almost two weeks Thursday as speculation the US Federal Reserve will scale back its bond buying dampened demand for emerging-market assets.

  • SET index dives 23.81 points

    23 May 2013 : The Stock Exchange of Thailand main index went down 23.81 points, or 1.46%, to close at 1,607.46 points at the end of trading session this afternoon. The trade value was 78.13 billion baht, with 12.30 billion shares traded.

All Stories

  • TRADE

    Tata Steel backs dumping safeguards

    17 May 2013 : Tata Steel (Thailand) Plc (TSTH), Thailand's largest maker of long steel, is upbeat about bouncing back to profitability in its fiscal 2014 started April 1.

  • PROPERTY

    Happyland set to launch upmarket city projects

    17 May 2013 : Happyland Group, the 40-year-old property developer, plans to launch two housing projects in Bangkok under the H-Cape brand this year with a combined value of 1.27 billion baht.

  • SHIPPING

    Dismal BDI widens TTA's net loss woes

    17 May 2013 : The SET-listed Thoresen Thai Agencies Plc (TTA) says its reviewed net loss widened further to 257 million baht in the three months to March from 205 million year-on-year due mainly to depressed dry-bulk shipping rates.

  • Country Group Securities foresees profits doubling

    17 May 2013 : Country Group Securities (CGS), a fast-growing brokerage focusing on small investors, intends to maintain its No.2 ranking and double its earnings this year.

  • Estates get flood money

    17 May 2013 : The Industrial Estate Authority of Thailand (IEAT) has injected 1.75 billion baht into four flood-prone industrial parks in Ayutthaya and Pathum Thani.

  • Minor upbeat about China

    17 May 2013 : Minor International Plc (MINT) expects to see its first profit in eight years from its restaurant operation in China.

  • ENERGY

    Ratch targeting Australian plants

    17 May 2013 : Ratchaburi Electricity Generating Holding Plc (RATCH), Thailand's largest private power producer, will bid to acquire two state coal-fired power plants in Australia as part of the local government's privatisation programme.

  • COMMODITIES

    Sweet outlook for cane

    17 May 2013 : Sugar cane output in Thailand, the world's second-largest sugar exporter, could hit 150 million tonnes by 2020, up from 100 million now, provided sugar prices continue to be attractive, says trader Siam Brit Co.

  • Prantalay anchored to new quick meals

    17 May 2013 : Prantalay Marketing Co is offering ready-to-eat Mobile Meals for consumers with busy lifestyles.

  • Fresh-market vendors to cap prices

    17 May 2013 : Food vendors at fresh markets have agreed to cap the prices of 10 popular a la carte menus for another year.

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