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BUSINESS

SET fails to advance despite surprise rate cut

Business, Published on 16/03/2015

» Recap: US and global stock markets climbed for most of last week, propelled by eased worries over a US rate increase following a report of disappointing retail sales in February. In the Thai stock market, the Bank of Thailand's unexpected move to cut its policy rate improved investors' risk appetite but stocks still failed to advance.

TECH

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.