Showing 1-10 of 14 results
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Virus losses put at B1.3tn
Business, Published on 31/01/2020
» Economic damage from the coronavirus outbreak is initially estimated at 300 billion yuan (1.3 trillion baht) in a month's time, putting China's annual GDP growth below the 6% baseline this year, says Kasikorn Research Centre (K-Research).
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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.
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China rate cut spurs stocks but set struggles
Business, Nuntawun Polkuamdee, Published on 18/05/2015
» Recap: China's interest-rate cut by 25 basis points, the third in six months, propelled Asian stock markets early last week. However, sentiment turned sour amid renewed worries over the world's second largest economy following weak economic data, and Greece's precarious finances.
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Oil price plunge greases the skids for stocks
Business, Published on 15/12/2014
» Recap: The dive in oil prices to below US$60 a barrel rattled stock markets across the world last week and Thai shares were among those heavily sold.
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Owe what a feeling
Asia focus, Tanyatorn Tongwaranan, Published on 09/03/2015
» The rapid accumulation of household debt seen in Asia over the past five years has triggered concerns about the prospect of a financial crisis similar to the one in 2007 caused by the bursting of the housing bubble in the United States.
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If Philadelphia Phillies Win the World Series, Prepare for an Economic Crisis
Business, Published on 29/10/2022
» The Philadelphia Phillies are in the World Series. Hold on to your wallets.
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Bigger and better
Asia focus, Published on 26/01/2015
» Vietnam's central bank has begun a drive to strengthen the country's weak and inefficient banking sector through mergers and acquisitions that will create fewer but far more stable institutions.
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Equities hit by us interest rate speculation again
Business, Published on 05/09/2016
» Recap: Higher prospects for a US interest rate increase this year roiled global stock markets last week before the release of tepid job data on Friday weakened the case for any change. The Thai bourse faced selling pressure on Friday as investors cashed out for fear that capital inflows to Thailand would reverse, as has been seen in some other markets in Southeast Asia.
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Asian markets up, Europe rebounds
Published on 02/12/2014
» HONG KONG — Asian shares rose Tuesday, with energy firms clawing back some losses as oil prices recovered from multi-year lows, while Shanghai surged to a three-year high on hopes for more Chinese government easing.
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Stuck in neutral
Asia focus, Published on 27/01/2020
» Amid ongoing uncertainties including trade tariffs and geopolitical tensions, global economic growth prospects look dim for 2020, partly due to a disappointing performance in major Asian economies.
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