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Search Result for “election”

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BUSINESS

Bourse dips despite election landslide

Business, Published on 16/05/2023

» Sentiment surrounding the Stock Exchange of Thailand (SET) was downbeat on Monday, despite Sunday's landslide election win, as investors dumped shares related to politics and big-cap stocks that might be adversely affected by the policies of the Move Forward Party, analysts say.

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THAILAND

Politicians dangle B3.14tn worth of promises

Bloomberg News, Published on 18/03/2023

» With the country heading into a general election in May, key political parties are promising more than 50 million voters almost everything from steep increases in cash handouts and wages to suspending debt repayment.

BUSINESS

Syria and Trump-Xi talks keep investors on sidelines

Business, Published on 10/04/2017

» Recap: Markets were rattled late last week after US cruise missiles struck a Syrian air base, while global investors moved to the sidelines pending the outcome of talks between US President Donald Trump and Chinese President Xi Jinping. Safe-haven assets such as the yen and gold soared and oil prices also surged. The formal promulgation of the country's 20th constitution, ensuring an election sometime late next year, helped keep the Thai stock market in a rangebound trade.

BUSINESS

Equity rally pauses as investors contemplate Fed

Business, Published on 06/03/2017

» Recap: Equity markets jumped last week in the US and are up 10% since the presidential election in November, as consumer confidence hit a 15-year high, further supporting the case for higher interest rates when the US Federal Reserve meets on March 14-15.

BUSINESS

Foreign flight poses threat to stock market

Business, Nuntawun Polkuamdee, Published on 04/01/2016

» The persistent exodus of foreign investors is of the greatest concern to the Thai stock market in 2016 after around 400 billion baht was cashed out over the past three years.

BUSINESS

FED decision to stand PAT helps revive Asian stocks

Business, Published on 21/09/2015

» Recap: A buying spree in Asian stocks, particularly emerging markets, preceded last week's US Federal Reserve meeting, in hopes the Fed would leave its benchmark interest rate untouched. The rally continued after the decision was confirmed on Friday.