Showing 1 - 6 of 6
All eyes on Fed next week as global shares steady
Business, Published on 24/07/2021
» Recap: Global stocks had a volatile week before picking up on Friday. The MSCI World Index steadied after three days of gains. The market is looking ahead to next week's Federal Reserve meeting after the European Central Bank pledged on Thursday to continue with heavy stimulus spending. Emerging markets and Asian shares slid, pressured by coronavirus worries.
Terror in Spain, turmoil in Washington dent stocks
Business, Nuntawun Polkuamdee, Published on 21/08/2017
» Recap: US political instability and a terrorist attack in Spain put pressure on global stock markets, with Wall Street hitting a three-month low and European and Asian bourses also sinking, though Thailand managed a small gain.
Steering a prudent course
Asia focus, Nareerat Wiriyapong, Published on 22/02/2016
» Expecting that 2016 will be even harder than last year, Precious Shipping Plc (PSL) is prepared financially with no need for additional fundraising to survive the growing challenges faced by the global shipping industry, its top executive says.
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.
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.
PSL expansion gets mixed reviews in soft market
Asia focus, Nareerat Wiriyapong, Published on 20/04/2015
» Precious Shipping Plc (PSL) is looking to raise more than 2 billion baht from shareholders to help fund fleet expansion, but some analysts question the strategy given the weak outlook for the shipping industry.