Showing 131-140 of 162 results
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Chinese share plunge and fed keep traders on edge
Business, Published on 03/08/2015
» Recap: Another plunge in Chinese stocks and a growing belief that the US will start raising interest rates in September pushed down global bourses before a recovery late in the week. Asian currencies also sank against the greenback with the Thai baht slipping below 35 to a 14-year low. The SET fell close to 1,400 before a rally led by buying of blue chips that had become bargains.
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Mers and air safety concerns push down SET
Business, Published on 22/06/2015
» Recap: Stock markets around the world rallied last week after the US Federal Reserve signalled that interest rates would rise more slowly than expected. However, the SET slid back below 1,500, led by tourism and aviation stocks, as Thailand reported its first case of Mers, and the International Civil Aviation Organization (ICAO) red-flagged the country for failing to address safety issues.
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SET drifts as global stocks rise on Greek relief
Business, Published on 02/03/2015
» Recap: Greece's bailout extension propelled global stock markets, with some hitting multi-year records. However, investors in the Thai stock market shrugged off the positive news and jumped on the sell-off bandwagon on disappointing earnings.
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Bay causes local ripples as global markets drift
Business, Published on 02/02/2015
» Recap: Wild swings in Bank of Ayudhya (BAY), among the top five in trading turnover amid rumours of delisting, caused ripples in the Thai market last week. World markets drifted lower on persistent concerns about weaker economic growth.
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Stock market: Sudden fall & weak baht (update)
Jon Fernquest, Published on 12/06/2013
» Baht weakening (& improvement for exporters) after foreign investment money pulled out of Thailand & sent back to US with US credit rating improvement.
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Better global outlook spurs share rebound
Business, Published on 27/10/2014
» Recap: Global bourses, especially in the US and Europe, rebounded as investors hoped for more European Central Bank (ECB) stimulus. However, activity in Thailand was muted as concerns over the health of the domestic economy mounted.
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Wall street staggers but set powers past 1,600
Business, Published on 29/09/2014
» Recap: Wall Street pulled back last week after disappointing US durable goods orders suggested the recovery might be weaker than thought. However, the Thai stock market continued to march up and finally passed 1,600 points — a level not seen since May last year — on Friday on investor hopes that economic stimulus measures will soon take hold. Window-dressing as the quarter-end approaches also lent support.
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Exporters to Bank of Thailand: Stop the rising baht
Jon Fernquest, Published on 05/02/2013
» Baht 29.75 against US dollar means more dollars for baht, more valuable baht, more expensive & less competitive Thai exports.
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Six launch growth plan
Business, Post Reporters, Published on 16/09/2014
» Thailand's newly appointed economic ministers yesterday outlined a policy platform aimed at boosting short-term growth and rebuilding confidence while also tackling longer-term structural reforms, narrowing economic inequality and wiping out corruption.
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Tradeoff: Stable baht or loss-free central bank
Jon Fernquest, Published on 13/09/2012
» Keeping baht stable & weak for exporters means losses for central bank when it buys & sells currencies. Weak baht also means capital inflows.
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