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Search Result for “$3 million”

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BUSINESS

Asian shares advance as oil prices retreat

Business, Nuntawun Polkuamdee, Published on 06/08/2022

» RECAP: Asian equities mostly rose yesterday as a drop in oil prices to pre-Ukraine war levels stirred hopes of a slowdown in inflation and bank interest-rate hikes. But while global markets have enjoyed a broadly positive week, recession worries and Chinese military drills around Taiwan have traders' nerves on edge.

BUSINESS

SET rises above global turmoil on election optimism

Business, Nuntawun Polkuamdee, Published on 19/09/2018

» The Stock Exchange of Thailand's resilience against external headwinds continued yesterday, with the SET index rising by 26 points, buoyed by clearer developments in the country's general election.

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BUSINESS

Terror in Spain, turmoil in Washington dent stocks

Business, Nuntawun Polkuamdee, Published on 21/08/2017

» Recap: US political instability and a terrorist attack in Spain put pressure on global stock markets, with Wall Street hitting a three-month low and European and Asian bourses also sinking, though Thailand managed a small gain.

BUSINESS

Cautious tone from fed gives big lift to stocks

Business, Nuntawun Polkuamdee, Published on 04/04/2016

» Recap: The cautious tone of Federal Reserve Chair Janet Yellen's comments on the global economy that lessened prospects for a US interest-rate increase triggered a global stock market rally last week. Positive investor response to her views also pushed the Thai stock market back above 1,400 points.

BUSINESS

Global shares rally on fed set flat amid 4G frenzy

Business, Nuntawun Polkuamdee, Published on 21/12/2015

» Recap: Global stock markets moved sideways last week as sinking oil prices pushed down energy shares, and rebounded at the end of the week after the US Federal Reserve ended months of uncertainty by raising its benchmark interest rate by 25 basis points for the first time in nine years. Thai stocks were little changed despite sinking on Friday, pulled down by telecoms as prices for 4G licences headed for a world record.

BUSINESS

China rate cut spurs stocks but set struggles

Business, Nuntawun Polkuamdee, Published on 18/05/2015

» Recap: China's interest-rate cut by 25 basis points, the third in six months, propelled Asian stock markets early last week. However, sentiment turned sour amid renewed worries over the world's second largest economy following weak economic data, and Greece's precarious finances.

BUSINESS

Rate cut buoys set ahead of holiday as global stocks drift

Business, Nuntawun Polkuamdee, Published on 04/05/2015

» Recap: Global bourses moved mostly lower in response to disappointing US economic data and despite Federal Reserve signals that interest rates would not rise anytime soon. In Thailand, the SET rebounded on Thursday after the Bank of Thailand surprised the market by cutting its policy rate by 25 basis points to 1.50%.