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Published on 15/07/2024
» SINGAPORE - The dollar rose broadly on Monday and cryptocurrencies jumped as trades for a victory by Donald Trump in the upcoming US elections gathered steam in the wake of an attempted assassination of the former US President.
Business, Published on 25/04/2020
» Recap: Most Southeast Asian stock markets ended lower yesterday, logging weekly losses, as governments in the region extended lockdowns and new reports indicated earlier hype about a Covid-19 treatment was misplaced.
Published on 02/03/2020
» Iran reported a 50% increase in coronavirus infections, while New York City, Brussels, Berlin and Indonesia all reported their first cases. New cases were reported in Thailand and across the US. Hard-hit South Korea saw its total climb past 4,200.
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 17/07/2017
» Recap: Most Asian stock markets gained last week as investors took their cue from another all-time closing high for the Dow Jones Industrial Average, while dovish comments from the Federal Reserve on the interest rate outlook also bolstered risk sentiment. Oil prices also rallied but the impact on the energy-heavy Thai bourse was limited.
Business, Published on 03/07/2017
» Recap: Hawkish comments from central banks signalling that the era of cheap money was coming to an end depressed global stock markets last week, while upbeat Chinese manufacturing data failed to bolster sentiment. Profit-taking erased early gains on anticipation of window-dressing at the end of the second quarter and sent the Thai stock market lower.
Business, Published on 12/06/2017
» Recap: Global stock markets moved cautiously last week as investors awaited the US Federal Reserve's policy rate decision this week. Falling oil prices amid concern over rising supply from the US and Nigeria also exacerbated market sentiment. The Thai stock market moved in a very tight range on a dearth of positive factors.
Business, Published on 08/05/2017
» Recap: Asian stocks fell last week, dragged down by tumbling oil prices on fresh global supply glut concerns. However, the Philippines outperformed the region as stocks rose to a nine-month high. Thai trading was rangebound amid a dearth of market-moving news.
Business, Published on 20/03/2017
» Recap: Investors were treading cautiously ahead of last week's US Federal Reserve meeting when the US central bank raised its benchmark interest rate as expected, but their appetite improved after Chair Janet Yellen's comments suggested a more gradual pace of monetary tightening this year. The Thai stock market joined the global rally as the wild swings in trade of Group Lease (GL) eased.
Business, Published on 13/03/2017
» Recap: The near-certainty of a US Federal Reserve interest-rate increase this week prompted capital flight across Asia last week. With the US dollar strengthening, gold briefly fell below $1,200 an ounce in its worst week in four months, and oil also suffered a sharp sell-off.