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Thailand: Stocks, gold diverge on war, Covid news

The Thai stock market tumbled 1.99% on Thursday while local gold prices rose by 850 baht after Russia launched attacks on multiple Ukraine cities. Big gainers included oil stocks, which rose following the attacks, and hospital stocks, which jumped after the daily number of new Covid cases soared to 45,000, including those detected by ATK […]

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Thailand: Oil prices have authorities on edge

The global oil price surge to US$100 a barrel as a result of the Ukraine invasion has the Energy Ministry concerned, prompting it to ensure sufficient oil and gas supply for Thailand. Brent crude oil hit $102.48 a barrel, the highest since 2014, as Russia attacked Ukraine. Some media reports speculate the confrontation will affect […]

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