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  • BUSINESS

    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.

  • BUSINESS

    Asia markets rise

    Published on 20/01/2015

    » HONG KONG — Asian markets mostly rose Tuesday after China released data showing its economy grew a little faster than expected, while speculation swirled that the European Central Bank would embark on a huge stimulus programme.

  • BUSINESS

    China worries hit stocks as blast deepens set pain

    Business, Published on 24/08/2015

    » Recap: A fresh Chinese equity rout triggered by weak manufacturing data and accelerating outflows, plunging oil prices and sabre-rattling between North and South Korea roiled stock markets across the world last week. The deadly bombing at the Erawan shrine in Bangkok further rattled nerves in Thailand, where stocks plunged well below 1,400 points.

  • BUSINESS

    Shanghai leads Asia markets

    Published on 05/01/2015

    » HONG KONG — Shanghai shares began the new year the same way they ended 2014, surging almost 4% Monday, while the euro touched an almost nine-year low against the dollar on expectations of fresh European Central Bank (ECB) stimulus.

  • BUSINESS

    Asian markets boosted by US data

    Published on 08/01/2015

    » HONG KONG — Asian equity markets mostly rallied Thursday on strong US data and expectations for fresh eurozone stimulus measures, while oil prices gave up early gains to resume their downward trend after a surge in New York.

  • BUSINESS

    Set flirts with 1,600 as central banks stay busy

    Business, Published on 01/12/2014

    » Recap: China's surprise interest rate cut, the first in more than two years, and speculation about further stimulus by the European Central Bank (ECB) propelled the run-up in Asian stock markets last week. The buying spree in tax-saving equity funds as the year-end approaches buoyed the Thai bourse which briefly surpassed 1,600 points.

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