Showing 1 - 10 of 14
How did Japan become so cheap?
Oped, Published on 09/03/2022
» Every month, the Bank for International Settlements calculates and publishes the real and nominal effective exchange rates for major currencies. The most recent data, released in mid-February, contained a shock for Japan. They show that the yen's real effective exchange rate (Reer, representing roughly the purchasing power of the currency) is now as low as it was in the early 1970s when the yen was first floated following the collapse of the Bretton Woods and Smithsonian systems of fixed exchange rates.
Global tremors nag stocks
Business, Published on 27/10/2018
» Recap: Global stock markets continue to experience volatility as tensions over global trade and unsettled Brexit negotiations keep a lid on bullish sentiment. The recent decline in global oil prices has added pressure to bourses worldwide, with the Stock Exchange of Thailand's main gauge falling below 1,600 points during intra-day trading hours.
Share investors tread cautiously ahead of Fed meeting
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.
Oil rout drags down asian stocks, But manila shines
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.
Global economy more fragile with few growth drivers
Asia focus, Erich Parpart, Published on 03/10/2016
» The prolonged global slowdown in overall growth and trade is expected to persist if all parties do not work toward a solution together, the United Nations Conference on Trade and Development (Unctad) has warned.
Investors cheer central banks, Jasmine buoys set
Business, Published on 26/09/2016
» Recap: The US Federal Reserve's less-hawkish view on the pace of interest-rate increases, coupled with policy tweaks by the Bank of Japan, buoyed global stock markets last week. The Thai bourse tracked global movements before profit-taking set in on Friday, while a huge tender offer for Jasmine International (JAS) shares also created a bounce.
Japanese stimulus plan gives lift to Asian stocks
Business, Published on 01/08/2016
» Recap: Asian stock markets advanced last week, propelled by Japan's bigger-than-expected fiscal stimulus plan, while investors shrugged off a US Federal Reserve statement that opened room for a policy rate hike later this year. Thai shares also climbed higher in liquidity-driven trade.
Bank worries depress set as global stocks advance
Business, Published on 20/07/2015
» Recap: Most global stock markets climbed last week after Greek MPs approved austerity measures in exchange for a new bailout, and China's second-quarter economic growth beat forecasts. The Thai market, however, struggled as investors weighed the prospect of higher loan-loss provisions taking a bite out of banks' second-quarter earnings.
Set edges up despite Asian dip on China worries
Business, Published on 25/05/2015
» Recap: US and European stocks marched up last week with the Dow Jones and S&P hitting records as weak housing sales and manufacturing data suggested a delay in a Federal Reserve interest-rate increase. Most Asian markets retreated, especially in China, on worries over economic health of the world's second largest economy.
Bay causes local ripples as global markets drift
Business, Published on 02/02/2015
» Recap: Wild swings in Bank of Ayudhya (BAY), among the top five in trading turnover amid rumours of delisting, caused ripples in the Thai market last week. World markets drifted lower on persistent concerns about weaker economic growth.