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  • BUSINESS

    Disappointment with Opec accord hits world equities

    Business, Published on 29/05/2017

    » Recap: Global equity markets retreated last week as a slump in crude prices triggered a sell-off in energy stocks after an Opec-led decision to extend output cuts fell short of expectations. However, markets rallied on Friday amid a consensus that the sell-off had been an overreaction. The energy-heavy Thai stock market started the week strongly in anticipation of good news from Opec, and offshore fund inflows helped to limit losses later.

  • THAILAND

    Rice eating hole in budget, swells bank spread

    Published on 16/08/2013

    » The rising burden of the rice-buying programme has undermined demand for bonds issued by the Bank for Agriculture and Agricultural Cooperatives (BAAC).

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