Showing 1 - 9 of 9
Investors heartened by signals from Fed
Business, Published on 31/07/2017
» Recap: US and European stock exchanges picked up last week after the US Federal Reserve kept its interest rate at 1.25% and reaffirmed plans for a gradual tightening of its monetary policy and tapering of its balance sheet.
Investors pause before Fed decision; oil woes persist
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.
Stocks climb as prospects for fed rate hike recede
Business, Published on 06/06/2016
» Recap: Global stock markets rose last week as investors now believe the US Federal Reserve will not raise interest rates until July at the earliest, given concerns about the market impact of the June 23 UK referendum on EU membership. Poor US job figures for May also weakened the case for a rate hike. A recovery in oil prices also lifted sentiment. Thai shares advanced on buying of energy and bank blue chips.
Asia markets mostly up
Published on 19/01/2015
» HONG KONG — Asian stock markets mostly rose Monday following a rally on Wall Street and a strong pick-up in oil prices, but Shanghai plunged almost 8% after regulators punished three major brokerages for rule violations.
Swiss surprise caps volatile trading week
Business, Published on 19/01/2015
» Recap: Global bourses felt strong selling pressure from the downward spiral of oil prices and the unexpected scrapping of a cap on the Swiss franc against euro, before staging a relief rally on Friday.
Set tracks global moves linked to jobs and oil
Business, Published on 12/01/2015
» Recap: Crude oil prices, which slipped to below $50 a barrel, jolted global stock markets early last week before equities revived on upbeat US jobs data. The Thai stock market also tracked the global market's direction.
Asian shares mixed, oil prices tumble
Published on 12/12/2014
» HONG KONG — Asian markets were mixed Friday at the end of a painful week for global shares, as strong US retail sales lifted spirits and Wall Street, while China released another batch of data indicating weakness in the world's number two economy.
Asian energy stocks sink, airlines rise
AFP, Published on 28/11/2014
» HONG KONG — Shares in energy firms tumbled Friday after oil prices hit four-year lows in reaction to Opec's decision to ignore calls for an output cut, although the prospect of cheaper fuel sent airlines surging.
Asia shares mixed on dismal EU data
Published on 16/05/2014
» HONG KONG — Asian markets were mixed on Friday following another sell-off on Wall Street and worse-than-expected eurozone data while Mumbai hit a record high as pro-business candidate Narendra Modi headed for a landslide general election victory.