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Search Result for “European Union”

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BUSINESS

Clearing the air

Asia focus, Published on 03/08/2020

» The months-long Covid-19 pandemic has taken a terrible toll on economies and the wellbeing of people worldwide, but it's certainly not the only threat humanity faces.

BUSINESS

SET up 0.2%, global markets cringe over trade war fears

Business, Published on 03/03/2018

» Recap: Global stock markets fell to two-week lows yesterday, with steelmakers taking a pounding after US President Donald Trump said he would impose hefty tariffs on imports of steel and aluminium, reviving fears of a trade war.

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BUSINESS

Mixed economic signals keep Asian shares drifting

Business, Published on 03/04/2017

» Recap: Asian investors continued to tread cautiously last week amid mixed economic signals. Better-than-expected US economic growth data and solid industrial output readings from China and Japan bolstered sentiment, but a hawkish view on interest rates by some US Federal Reserve governors and uncertainty about President Donald Trump's tax reforms and spending plans after his healthcare fiasco pressured stocks. In Thailand a buying spree by foreign investors helped boost the index but profit-taking capped gains.

BUSINESS

Trump comments, 'hard Brexit' talk depress stocks

Business, Published on 23/01/2017

» Recap: Donald Trump's comment that the US dollar was too strong and blunting the country's competitiveness rattled global stock markets last week, as did fears over the impact of a "hard Brexit" as outlined by British PM Theresa May. As well, confusion about Mr Trump's political and economic agenda made investors step back from risky assets ahead of his inauguration on Friday. The Thai stock market tracked the global trend, but the magnitude of its fall was limited.

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BUSINESS

Stocks climb as prospects for fed rate hike recede

Business, Published on 06/06/2016

» Recap: Global stock markets rose last week as investors now believe the US Federal Reserve will not raise interest rates until July at the earliest, given concerns about the market impact of the June 23 UK referendum on EU membership. Poor US job figures for May also weakened the case for a rate hike. A recovery in oil prices also lifted sentiment. Thai shares advanced on buying of energy and bank blue chips.

BUSINESS

Asian shares rise but 4G cost concerns hit set

Business, Published on 28/12/2015

» Recap: A Wall Street rally propelled by consumer sentiment at a five-month high in December gave a boost to most Asian stock markets. However, concerns over expensive 4G licences in Thailand triggered a sharp sell-off in telecom stocks and battered the SET index. Lower oil prices also put pressure on the local bourse.

BUSINESS

Wall street jumps but factory data a worry

Business, Published on 27/04/2015

» Recap: While US markets surged, many other global stock markets sagged in response to disappointing factory activity in China, Japan and the euro zone, and concerns over Greek debt. The same worries pushed down Thai stocks.

BUSINESS

Set stalls despite high turnover, global optimism

Business, Published on 10/11/2014

» Recap: US and European markets surged last week. The Dow Jones Industrial Average hit a new high, buoyed by signals from the European Central Bank (ECB) signal that it stands ready to introduce more economic stimulus measures if necessary.

ADVANCED NEWS

Hide the government debt? (like Greece)

Jon Fernquest, Published on 20/01/2012

» Heed central bank & international financial markets warns outgoing Finance Minister Thirachai (former central banker & securities regulator).

ADVANCED NEWS

Heavy industry relocation to Burma?

Jon Fernquest, Published on 15/11/2010

» With industrial projects suspended at Map Ta Phut recently, the city of Dawei in Burma near Southern Thailand is looking more attractive for heavy industry projects.