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Search Result for “Foreign exchange”

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BUSINESS

Frontier markets fret

Asia focus, Published on 20/06/2022

» 2022 has been another challenging year for Asian frontier markets against the backdrop of a recovery from the protracted coronavirus pandemic. The challenges have been magnified by the impact of the Ukraine-Russia conflict, and high commodity prices that are exacerbating inflationary pressures, even as global demand for manufactured goods remains weak.

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BUSINESS

Oil rout, China weakness-keep-stocks-on-back-foot

Business, Published on 18/01/2016

» Recap: Asian stock markets swung back and forth last week but brief rebounds proved unsustainable in the face of dire economic news. Oil prices sank to a 12-year low below US$30 per barrel as investors worried about the health of the global economy, while the slowdown in China and volatility in its markets continued to make for a nervous start to the year. The Thai stock market had a similarly wild ride, tracking the regional bourses.

BUSINESS

Stocks rally on FED signal but SET fails to respond

Business, Published on 23/03/2015

» Recap: Global stock markets rallied strongly and foreign fund flows returned to risky asset classes including equities after the US Federal Reserve signalled that it would not start raising its interest rates until later this year, easing concerns of an increase as soon as June.

WORLD

Malaysia reserves lowest since 2011

Published on 22/01/2015

» Malaysia’s foreign-exchange reserves fell 4% to US$111.2 billion, the lowest level since March 2011, amid speculation the central bank is intervening to curb the decline in Southeast Asia’s worst-performing currency.

BUSINESS

Slowdown Worries mounting

Business, Published on 20/10/2014

» Recap: Global bourses have been in bear mode as concerns mount about global economic growth. Investors are advised to keep a close watch on the US Federal Reserve, which will meet on Oct 28-29, for signals about monetary policy direction, as well as global economic conditions.

THAILAND

BoT not worried by strong baht

Online Reporters, Published on 13/03/2013

» The continuing strengthening of the baht, which touched a 19-month high at 29.57 baht to the US dollar on Tuesday, was not a cause for concern, Bank of Thailand (BoT) governor Prasarn Trairatvorakul said on Wednesday.

BUSINESS

Baht touches 19-month high

Bloomberg News, Published on 13/03/2013

» Thailand's baht touched a 19-month high and government bonds rose as overseas investors pumped the most money into the country's debt in three years.

ADVANCED NEWS

Insurance payouts: Big or small?

Jon Fernquest, Published on 31/10/2011

» 80% of 140 billion baht in losses covered by Japanese insurers & foreign reinsurers, but only 4.3% insured compared with US (8%) & UK (12.4%)