Showing 1 - 10 of 11
Business, Published on 15/02/2024
» The baht, which slipped below 36 to the US dollar on Wednesday, is likely to depreciate further as US inflation was higher than forecast, prompting the market to believe the Federal Reserve might delay its first interest rate cut beyond May, as expected earlier.
Business, Published on 24/07/2017
» Recap: Most global stock markets moved sideways last week as investors kept an eye on the US interest rate outlook ahead of a Federal Reserve meeting this week, though most observers do not expect any move until September.
Business, Published on 26/10/2015
» Recap: Global stock markets rallied late last week after the European Central Bank hinted at more stimulus and some top US corporations reported healthy earnings. The mood had been downbeat earlier after China reported third-quarter GDP growth below 7% for the first time since the 2008 global crisis. However, investors remain cautious ahead of this week's US Federal Reserve meeting.
Business, Published on 14/09/2015
» Recap: Global stock markets sagged last week on concerns about the economies of China and Japan after their disappointing economic data. Investors also unloaded equities ahead of the US Federal Reserve's much-awaited meeting this week, even though expectations of an interest-rate rate increase appear to have receded for now.
Business, Published on 27/07/2015
» Recap: Downbeat manufacturing data from China and the euro zone rattled global stock markets and sank gold prices to a five-year low last week. Concerns over Thailand's dimming economic prospects in the second half also pushed down local shares.
Business, Published on 15/06/2015
» Recap: Major bourses in Europe, the US and China rebounded last week despite the worsening outlook for a Greek debt solution. The TIP markets (Thailand, Indonesia, and the Philippines) faced selling pressure from offshore funds early in the week before the SET bounced back.
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.
Bloomberg News, Published on 31/10/2014
» Thailand's five-year bonds halted a seven-week run of gains and the baht declined after the Federal Reserve ended its bond-buying programme, damping demand for emerging-market assets.
Published on 09/10/2014
» HONG KONG — Asian markets mostly rose Thursday following an upswing on Wall Street as minutes from the Federal Reserve's latest meeting indicated policymakers were nervous about hiking interest rates too soon.
Published on 20/08/2014
» HONG KONG - Asian shares mostly edged higher Wednesday following a positive lead from Wall Street, where stocks advanced on encouraging US economic data before a keynote speech this week by the Federal Reserve chief.