Showing 1-7 of 7 results
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Sea change in Sri Lanka
Asia focus, Published on 19/01/2015
» While many Sri Lankans are celebrating the electoral defeat of authoritarian former president Mahendra Rajapaksa, they acknowledge that he helped usher in an era of impressive economic growth following the end of three decades of civil war.
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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.
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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.
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Stocks move upward as us rate-hike concerns ease
Business, Published on 11/07/2016
» Recap: US Federal Reserve minutes suggesting it is likely to refrain from raising interest rates anytime soon, and hopes of fresh stimulus from central banks pushed up stock markets last week. However, a sharp fall in oil prices on Thursday trimmed some gains before surprisingly good US jobs data sparked a rally on Friday. Thai shares extended their gains.
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Set recovers from manic monday with help from FED
Business, Published on 22/12/2014
» Recap: Global stock markets were jolted by further slide in oil prices early last week, but the US Federal Reserve's assurances on Wednesday that it would be "patient" about raising interest rates revived sentiment. The Thai stock market was also rattled further by an unspecified rumour that sent the SET index plunging 9.2% at one point on Monday — the biggest intraday fall since October 2008 — before bargain-hunting narrowed the loss. The SET said it found no irregularities in the slide, putting it down to panic selling.
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Malaysia budget voter-friendly
AFP, Published on 28/09/2012
» Malaysian premier Najib Razak provided a fresh round of handouts Friday as he announced a voter-friendly budget for 2013 aimed at shoring up support ahead of what is predicted to be a tough election.
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World economic news summary
AFP, Published on 05/06/2012
» The top world economic stories on Tuesday:
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