Showing 1 - 9 of 9
Opec output-cut deal provides lift for equities
Business, Published on 03/10/2016
» Recap: Global stock markets see-sawed last week with news developments. The relief rally that followed the previous week's Fed meeting ebbed, but Hillary Clinton's strong performance against Donald Trump in the first US presidential debate cheered investors. Also buoying sentiment was Opec's surprise agreement to cut oil output, but worries about the health of Deutsche Bank, which faces huge US fines for dodgy business practices, capped gains. The Opec decision helped the energy-heavy Thai stock market recoup some earlier losses.
Fed, oil and economic worries push down stocks
Business, Published on 10/08/2015
» Recap: Major global stock markets continued to fluctuate last week. The Dow Jones was pressured by underperforming company results and the growing possibility of a Fed rate increase and European bourses fell with global oil prices. Asia's large markets rose, led by gains in China and Hong Kong on growing speculation that the Beijing government would take more steps to restore shaky confidence in equities.
Greece keeps investors on Edge but set rallies
Business, Published on 08/06/2015
» Recap: Pressure on US and European share markets eased after Greece obtained some breathing room from the MF, which agreed to defer all 1.6 billion euros in debt repayments to the end of this month, but a successful outcome of talks with euro zone creditors remains elusive.
China rate cut spurs stocks but set struggles
Business, Nuntawun Polkuamdee, Published on 18/05/2015
» Recap: China's interest-rate cut by 25 basis points, the third in six months, propelled Asian stock markets early last week. However, sentiment turned sour amid renewed worries over the world's second largest economy following weak economic data, and Greece's precarious finances.
Exploring the options
Asia focus, Nareerat Wiriyapong, Published on 02/03/2015
» As Thailand takes a three-month respite from the noisy debate over oil and gas exploration, all sides involved hope that the time will be used to come up with a system that promotes energy security and is fair to the public and business alike.
SET drifts as global stocks rise on Greek relief
Business, Published on 02/03/2015
» Recap: Greece's bailout extension propelled global stock markets, with some hitting multi-year records. However, investors in the Thai stock market shrugged off the positive news and jumped on the sell-off bandwagon on disappointing earnings.
City refinery explosion, the second in 18 months
Terry Fredrickson, Published on 05/07/2012
» Yesterday's fire at a major Bangkok oil refinery, the second in 18 months, is raising questions about the wisdom of having such a facility in residential area.
Oil subsidies: Road to "financial chaos" ?
Jon Fernquest, Published on 11/05/2011
» Soaring oil prices won't change gas guzzling habits if government pays for it. Crippling public debt like Greece's may result.
Tolerance of corruption
Jon Fernquest, Published on 29/11/2010
» Citizens who won't tolerate corruption anymore, as in the case of Hong Kong over 50 years ago, may be the essential ingredient in fighting corruption.