Showing 1 - 10 of 15
Oil rout, China weakness-keep-stocks-on-back-foot
Business, Published on 18/01/2016
» Recap: Asian stock markets swung back and forth last week but brief rebounds proved unsustainable in the face of dire economic news. Oil prices sank to a 12-year low below US$30 per barrel as investors worried about the health of the global economy, while the slowdown in China and volatility in its markets continued to make for a nervous start to the year. The Thai stock market had a similarly wild ride, tracking the regional bourses.
Stocks drift in thin trade, China leads Asia lower
Business, Published on 30/11/2015
» Recap: Global stock markets traded thinly last week as geopolitical tensions rose after Turkey downed a Russian plane that entered its territory from war-torn Syria. Wall Street was subdued because of the Thanksgiving holiday on Thursday and a shortened session on Friday. European markets were little changed as investors awaited word this week on whether the European Central Bank would extend its stimulus measures.
5G and the global power equation
Business, Published on 11/01/2019
» 5G technology is already powering breakthroughs such as driverless cars and will underpin life-changing advances in futuristic smart cities over the next decade. This has led to fierce competition between countries to determine the direction of 5G mobile internet standards.
Mixed economic signals keep Asian shares drifting
Business, Published on 03/04/2017
» Recap: Asian investors continued to tread cautiously last week amid mixed economic signals. Better-than-expected US economic growth data and solid industrial output readings from China and Japan bolstered sentiment, but a hawkish view on interest rates by some US Federal Reserve governors and uncertainty about President Donald Trump's tax reforms and spending plans after his healthcare fiasco pressured stocks. In Thailand a buying spree by foreign investors helped boost the index but profit-taking capped gains.
Set struggles Near 1500 as global stocks retreat
Business, Published on 11/05/2015
» Recap: Global stock markets retreated amid worries over the growing US trade deficit, Greece's bailout deal and China's dismal exports. Concerns over listed companies' earnings growth also weighed down the Thai stock market, which briefly slipped below 1,500 points before rebounding on Friday.
Fed, oil and economic worries push down stocks
Business, Published on 10/08/2015
» Recap: Major global stock markets continued to fluctuate last week. The Dow Jones was pressured by underperforming company results and the growing possibility of a Fed rate increase and European bourses fell with global oil prices. Asia's large markets rose, led by gains in China and Hong Kong on growing speculation that the Beijing government would take more steps to restore shaky confidence in equities.
Monorail ushers in hope
News, Published on 07/06/2020
» If anyone has visited Charoen Nakhon area in Thon Buri area recently, they might be surprised by the bumper-to-bumper traffic -- a situation rarely seen elsewhere during the Covid-19 pandemic. The congestion has been caused by the construction of the country's first monorail known as the Gold Line.
Investors keep the party going in year's first week
Business, Published on 09/01/2017
» Recap: Asian stock markets started the year on a strong footing, rising in response to more upbeat sentiment about the global economy and indications that the US Federal Reserve might not be as aggressive in raising interest rates as earlier predicted. The Thai stock market joined in the rally.
Oil rout drags down asian stocks, But manila shines
Business, Published on 08/05/2017
» Recap: Asian stocks fell last week, dragged down by tumbling oil prices on fresh global supply glut concerns. However, the Philippines outperformed the region as stocks rose to a nine-month high. Thai trading was rangebound amid a dearth of market-moving news.
Dollar revival takes shine off asia stocks
Business, Published on 14/02/2017
» Recap: Asian markets fell early last week amid worries about Donald Trump's protectionist stance, uncertainty about France's political outlook, another crisis brewing in Greece and falling oil prices. However, sentiment picked up following Wall Street's climb to record highs after President Trump said he planned to overhaul business taxes. The Thai stock market see-sawed, with profit-taking keeping the SET Index in check while buying ahead of corporate earnings and dividend season limited the downside.