Showing 1-10 of 21 results
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Asian trade subdued as economic outlook weakens
Business, Published on 13/05/2023
» RECAP: Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from the US and China fuelled concerns about a global slowdown.
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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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Prasarn sees policy space to cut rate
Bloomberg News, Published on 20/02/2014
» SYDNEY — Thailand has scope to cut interest rates even as policy makers debate the effectiveness of lower borrowing costs on growth hurt by political unrest, central bank governor Prasarn Trairatvorakul said.
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New rule makes GrabCar legal
Business, Published on 26/05/2021
» The government has approved a draft ministerial regulation that allows the use of personal cars for ride-hailing taxi service via apps, a boon for GrabCar drivers who have provided the service without proper legal status for years.
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All eyes on Fed next week as global shares steady
Business, Published on 24/07/2021
» Recap: Global stocks had a volatile week before picking up on Friday. The MSCI World Index steadied after three days of gains. The market is looking ahead to next week's Federal Reserve meeting after the European Central Bank pledged on Thursday to continue with heavy stimulus spending. Emerging markets and Asian shares slid, pressured by coronavirus worries.
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Trump tantrums keep traders on edge, SET dips
Business, Nuntawun Polkuamdee, Published on 06/02/2017
» Recap: World stock markets retreated as investors shied away from riskier assets over renewed concerns about US President Donald Trump's controversial ban on refugees and travellers from seven Muslim-majority countries and protectionist rhetoric that fanned fears of a global trade war. Buying ahead of corporate earnings releases and hopes for dividend payments cushioned the Thai stock market against a steep fall.
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Company man
Asia focus, Published on 19/03/2018
» Shinsotsu-ikkatsu-saiyo, the tradition of simultaneous recruitment and employment of new graduates by companies, has long been unique to Japan and South Korea, before the latter abolished the practice in 2010. But in the world's third largest economy it is so embedded in the culture, who's to say it's not working for the country and its people?
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Stimulus hopes and chinese gdp cheer stock investors
Business, Published on 18/07/2016
» Recap: Hopes that British and Japanese policymakers would ramp up economic stimulus bolstered risk appetites in global stock markets. China's better-than-expected second-quarter GDP also buoyed sentiment. The Thai market tracked the global trend.
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Anxiety over Syria, North Korea keeps lid on stocks
Business, Published on 18/04/2017
» Recap: Asian stock indices were mixed last week as rising geopolitical risks from the US missile strike on Syria and soaring tensions on the Korean peninsula kept investors on edge. The same concerns lifted gold to five-month highs, while oil advanced amid confidence that Saudi Arabia will support an extension to Opec-led output cuts just as US stockpiles show signs of shrinking. The Thai stock market edged up, driven by buying in heavyweight energy stocks.
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Investors heartened by signals from Fed
Business, Published on 31/07/2017
» Recap: US and European stock exchanges picked up last week after the US Federal Reserve kept its interest rate at 1.25% and reaffirmed plans for a gradual tightening of its monetary policy and tapering of its balance sheet.
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