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  • BUSINESS

    S&P Drops Controversial Part of Ratings Plan for Insurers

    Business, Published on 11/05/2022

    » S&P Global Ratings has withdrawn a controversial part of a proposed revamping of its model for determining creditworthiness of insurers following criticism that its move appeared to be self-serving and could hurt competition.

  • BUSINESS

    Pandemic Boosted Netflix, Other Streaming Players in 2020

    Business, Published on 01/01/2021

    » The past 12 months were billed as the year when a flood of new entrants would force streaming services to wage an all-out war for subscribers. Instead, incumbents and rookies alike feasted on a base of shut-in customers eager for more things to watch.

  • BUSINESS

    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).

  • BUSINESS

    Investors eye Argentina talks, May's Brexit sales job

    Business, Published on 01/12/2018

    » Recap: Emerging-market shares fell yesterday, backtracking from the upward trend of the past month as investors took a cautious stance ahead of high-stakes US-China trade talks over the weekend, along with British Prime Minister Theresa May's attempt to win parliamentary support for her Brexit deal forged with the EU.

  • BUSINESS

    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.

  • 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.

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