• BUSINESS
More+
Asia markets dive as volatility sweeps globe ahead of Fed meeting

Asia markets dive as volatility sweeps globe ahead of Fed meeting

Asian markets plunged Tuesday following a highly volatile day on Wall Street fuelled by fears about the Federal Reserve's plans to hike interest rates, with attention lasered on its upcoming two-day policy meeting.

15:11
Indonesia regulator says financial firms banned from facilitating crypto sales

Indonesia regulator says financial firms banned from facilitating crypto sales

JAKARTA: Indonesia's Financial Services Authority (OJK) on Tuesday warned that financial firms are not allowed to offer and facilitate sales of crypto assets amid a boom in crypto trading in Southeast Asia's largest economy.

13:01

EXCHANGE RATE

Currency/Baht
Buy (Baht)
Sell (Baht)
EUR
37.0436
37.7972
GBP
44.3250
45.2070
HKD
4.1993
4.2890
JPY
28.6575
29.3977
USD
32.8615
33.1905
CNY
5.1470
5.2941
Source: Bank of thailand (25 Jan 2022)

SET

SET
1,638.27
-2.27
SET50
984.48
-0.67
SET100
2,241.33
-1.65
sSET
1,131.04
-0.28
SETCLMV
1,001.17
-6.89
SETHD
1,178.34
+2.08
SETTHSI
1,040.32
+0.37
Source: settrade.com (25 Jan 2022)
LATEST
16:45

VW and Bosch join forces to rev up automated driving

FRANKFURT: Car giant Volkswagen and parts supplier Bosch have embarked on an "extensive partnership" to bring automated driving to the mass market by next year, the German companies said on Tuesday.

16:45
VW and Bosch join forces to rev up automated driving
16:23

CKPower to double renewable energy generating capacity in three years

CK Power Plc (CKP), one of the region’s largest producers of renewables-based electricity, has announced its plan to more than double its output in the next three years, reflecting the rapid global shift to renewables-based electricity.

16:23
CKPower to double renewable energy generating capacity in three years
15:41

Passenger capacity for Cathay Pacific forecast to remain at just 2% of pre-pandemic levels

HONG KONG: Beleaguered Hong Kong carrier Cathay Pacific's passenger capacity is forecast to remain at just 2% of pre-pandemic levels, hampered by the city's strict Covid-19 travel curbs, while rivals such as Singapore Airlines recover to almost 50%.

15:41
Passenger capacity for Cathay Pacific forecast to remain at just 2% of pre-pandemic levels
15:11

Asia markets dive as volatility sweeps globe ahead of Fed meeting

Asian markets plunged Tuesday following a highly volatile day on Wall Street fuelled by fears about the Federal Reserve's plans to hike interest rates, with attention lasered on its upcoming two-day policy meeting.

15:11 1
Asia markets dive as volatility sweeps globe ahead of Fed meeting
13:01

Indonesia regulator says financial firms banned from facilitating crypto sales

JAKARTA: Indonesia's Financial Services Authority (OJK) on Tuesday warned that financial firms are not allowed to offer and facilitate sales of crypto assets amid a boom in crypto trading in Southeast Asia's largest economy.

13:01
Indonesia regulator says financial firms banned from facilitating crypto sales
06:20

Car exports poised to rise to 1m units

Car exports are expected to increase to 1 million units for the first time in two years as the Federation of Thai Industries (FTI) pins its hopes on the limited impact of Covid-19 and the global semiconductor shortage on the automotive industry.

06:20 6
Car exports poised to rise to 1m units
06:11

Mixed reviews for latest stimulus

The business sector has hailed the government's fresh spending stimulus measures but says the cash handout sounds lower than expected.

06:11 3
Mixed reviews for latest stimulus
05:46

RS unveils M&A-fuelled B2bn expansion strategy

SET-listed RS Plc plans to allocate between 1-2 billion baht for new merger and acquisition (M&A) deals this year to create opportunities for growth and expand the ecosystem for the group.

05:46
RS unveils M&A-fuelled B2bn expansion strategy
05:44

BoT mulls stablecoins to pay for goods, services

The Bank of Thailand (BoT) is considering promoting the use of stablecoins to pay for goods and services, specifically in some use cases, which will be useful for financial innovation.

05:44 1
BoT mulls stablecoins to pay for goods, services
05:33

Chicken items added to price control list

The cabinet on Monday greenlighted a proposal to include chickens and chicken meat on the state price control list and tougher measures for chicken raisers, slaughterhouses and feed meal factories.

05:33 3
Chicken items added to price control list

EXCHANGE RATE

Currency/Baht
Buy (Baht)
Sell (Baht)
EUR
37.0436
37.7972
GBP
44.3250
45.2070
HKD
4.1993
4.2890
JPY
28.6575
29.3977
USD
32.8615
33.1905
CNY
5.1470
5.2941
Source: Bank of thailand (25 Jan 2022)

SET

SET
1,638.27
-2.27
SET50
984.48
-0.67
SET100
2,241.33
-1.65
sSET
1,131.04
-0.28
SETCLMV
1,001.17
-6.89
SETHD
1,178.34
+2.08
SETTHSI
1,040.32
+0.37
Source: settrade.com (25 Jan 2022)