Showing 1-10 of 16 results
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Global tremors nag stocks
Business, Published on 27/10/2018
» Recap: Global stock markets continue to experience volatility as tensions over global trade and unsettled Brexit negotiations keep a lid on bullish sentiment. The recent decline in global oil prices has added pressure to bourses worldwide, with the Stock Exchange of Thailand's main gauge falling below 1,600 points during intra-day trading hours.
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Investors eye Argentina talks, May's Brexit sales job
Business, Published on 01/12/2018
» Recap: Emerging-market shares fell yesterday, backtracking from the upward trend of the past month as investors took a cautious stance ahead of high-stakes US-China trade talks over the weekend, along with British Prime Minister Theresa May's attempt to win parliamentary support for her Brexit deal forged with the EU.
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Currencies slump, funds flee emerging markets
Business, Published on 08/09/2018
» Recap: Emerging stock markets, especially those in Asia, experienced heavy fund outflows as concerns mounted over the health of emerging economies in general, and contagion impact from the likes of Argentina and Turkey. The Indonesian rupiah hit a two-decade low and the Indian rupee also lost more ground. US-China trade tensions continue to cast a pall over markets as well.
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Asian trade subdued as economic outlook weakens
Business, Published on 13/05/2023
» RECAP: Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from the US and China fuelled concerns about a global slowdown.
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Asian shares advance as oil prices retreat
Business, Nuntawun Polkuamdee, Published on 06/08/2022
» RECAP: Asian equities mostly rose yesterday as a drop in oil prices to pre-Ukraine war levels stirred hopes of a slowdown in inflation and bank interest-rate hikes. But while global markets have enjoyed a broadly positive week, recession worries and Chinese military drills around Taiwan have traders' nerves on edge.
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Think twice before going with Huawei
Life, James Hein, Published on 28/04/2021
» The Chinese firm Huawei is in the limelight again for allegedly snooping on the Dutch prime minister's phone calls, with the information used to track down Chinese dissidents. This was a while back and it only came to light now because back then the Dutch were worried about exposure. Huawei was able to do this because they have core components in the Netherlands' mobile network. The result was that Huawei employees could not only listen in on any conversation but also identify those in the conversations across their 3G and 4G networks. Even today, the Chinese have admin-level access due to the network management outsourcing deal. Huawei strenuously denied any wrongdoing but those thinking that their 5G Huawei networks will be safe might want to rethink this or look very carefully at the access granted under the contracts.
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Think twice before going with Huawei
Life, James Hein, Published on 28/04/2021
» The Chinese firm Huawei is in the limelight again for allegedly snooping on the Dutch prime minister's phone calls, with the information used to track down Chinese dissidents. This was a while back and it only came to light now because back then the Dutch were worried about exposure. Huawei was able to do this because they have core components in the Netherlands' mobile network. The result was that Huawei employees could not only listen in on any conversation but also identify those in the conversations across their 3G and 4G networks. Even today, the Chinese have admin-level access due to the network management outsourcing deal. Huawei strenuously denied any wrongdoing but those thinking that their 5G Huawei networks will be safe might want to rethink this or look very carefully at the access granted under the contracts.
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Stocks trade in narrow range as investors comb us data
Business, Published on 07/08/2017
» Recap: Global investors remained concerned last week about US political developments and economic data that could influence a Federal Reserve interest-rate increase, amid signs that the Fed was growing more cautious. Wall Street staged a revival on Friday after the US reported strong employment numbers for July.
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Weakness in europe keeps global equities subdued
Business, Published on 31/10/2016
» Recap: Global equities were affected by poor sentiment led by European stocks, which fell for the entire week on disappointing corporate results. The European Central Bank is expected to now consider further stimulus to spur the lacklustre euro zone. The US Federal Reserve, meanwhile, is seen as moving closer to raising interest rates as third-quarter GDP growth of 2.9% exceeded expectations.
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Oil rout drags down shares ahead of fed talks
Business, Published on 19/09/2016
» Recap: Global stock markets plunged last week as investors cashed out ahead of this week's much-awaited US Federal Reserve meeting. Worries over the oil glut also triggered selling of energy stocks, but the Thai market picked up following a recent steep fall.
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