Showing 1 - 6 of 6
Shanghai leads Asia markets
Published on 05/01/2015
» HONG KONG — Shanghai shares began the new year the same way they ended 2014, surging almost 4% Monday, while the euro touched an almost nine-year low against the dollar on expectations of fresh European Central Bank (ECB) stimulus.
Set flirts with 1,600 as central banks stay busy
Business, Published on 01/12/2014
» Recap: China's surprise interest rate cut, the first in more than two years, and speculation about further stimulus by the European Central Bank (ECB) propelled the run-up in Asian stock markets last week. The buying spree in tax-saving equity funds as the year-end approaches buoyed the Thai bourse which briefly surpassed 1,600 points.
Asian shares down on Wall St losses
Published on 02/10/2014
» HONG KONG - Asian markets sank Thursday following a heavy sell-off on Wall Street as a mixed bag of data raised concerns about the global economy, while the dollar tumbled a day after breaking 110 yen for the first time in six years.
Globalisation under threat, warns Citi economist
Business, Chiratas Nivatpumin, Published on 29/09/2014
» Policymakers across the world will face growing challenges from the threat of secular economic stagnation in the advanced economies, especially in the euro area, demographic changes and a retreat from globalisation, according to Willem Buiter, the chief economist for Citigroup.
Baht falls, bonds advance
Published on 05/09/2012
» Thailand's baht declined, snapping a three-day gain, after a report showed manufacturing shrank in the United States, the Southeast Asian country's third-largest export market. Government bonds rose.