Showing 1 - 6 of 6
Asian shares recover on hopes for policy support
Business, Published on 01/06/2024
» RECAP: Asian stocks recovered on Friday after a three-day selling streak, boosted by a decline in US Treasury yields and weakness in the dollar amid optimism for more policy support after disappointing economic data from the US, China and Japan.
Light at the end of the tunnel for global economy
Business, Published on 01/06/2024
» Entering the middle of the second quarter, the world economy has begun to signal a more coordinated recovery. Preliminary composite Purchasing Managers' Index (PMI) readings for May recovered in the US, the euro zone, Japan and other large economies, indicating global economic growth is expanding more broadly.
Asian shares decline as US rate-cut hopes dim
Business, Published on 25/05/2024
» RECAP: Asian stocks tracked Wall Street lower in response to more economic data that signalled the US Federal Reserve might keep interest rates on hold for most of this year. Regional currencies also took a hit as dollar strength persisted.
Asian shares on course for third week of gains
Business, Published on 11/05/2024
» RECAP: Asian stocks rose on Friday, on course for a third week of gains, while the dollar was steady as fresh signs of an easing US labour market stoked optimism about interest rate cuts before the year is out.
Asian shares powered by tech rally, yen revives
Business, Published on 04/05/2024
» RECAP: Hong Kong led gains across most Asian and European markets on Friday thanks to a surge in tech giants, while the yen extended gains against the dollar on revived hopes for US interest rate cuts.
PM: Investment key to high-income economy
Aekarach Sattaburuth, Published on 03/05/2024
» The government aims to develop Thailand into a high-income economy through foreign investment and a raft of projects that will improve people’s quality of life, Prime Minister Srettha Thavisin said on Friday.