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Search Result for “central banks”

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BUSINESS

Chearavanont family keeps crown as rich Thais get richer

Business, Published on 01/06/2017

» The Chearavanont brothers, led by Dhanin Chearavanont, honorary chairman of Charoen Pokphand (CP) Group, Thailand's agriculture and food conglomerate, remain the wealthiest family in Thailand this year, according to Forbes magazine.

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THAILAND

Project Singapore gathers pace

News, Alan Dawson, Published on 23/04/2017

» Bangkok is a semi-province under the central regime, "governed" (literally) by a police general, Aswin Kwanmuang. He was working at City Hall when the general prime minister tapped him on the shoulder last October and dubbed him Baron of Bangkok, lord of all that the military regime doesn't want to bother with.

BUSINESS

Anxiety over Syria, North Korea keeps lid on stocks

Business, Published on 18/04/2017

» Recap: Asian stock indices were mixed last week as rising geopolitical risks from the US missile strike on Syria and soaring tensions on the Korean peninsula kept investors on edge. The same concerns lifted gold to five-month highs, while oil advanced amid confidence that Saudi Arabia will support an extension to Opec-led output cuts just as US stockpiles show signs of shrinking. The Thai stock market edged up, driven by buying in heavyweight energy stocks.

BUSINESS

Asian equities dip as Fed signals imminent rate hike

Business, Published on 27/02/2017

» Recap: While the Dow Jones set fresh records before slipping on Friday, Asian stock markets retreated as investors reassessed the minutes of the Federal Reserve's last policy meeting, which kept the prospect of a March interest-rate increase in play. The Thai stock market tracked regional bourses in muted trade.

BUSINESS

Set pushes above 1,500 as oil rally buoys equities

Business, Nuntawun Polkuamdee, Published on 10/10/2016

» Recap: Asian stock markets climbed as signs of strength in the United States bolstered demand for riskier investments. Higher oil prices also helped propel bourses. Risk-on sentiment and speculation about better third-quarter earnings buoyed the Thai stock market.

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BUSINESS

Empires make way for new generation 

Business, Post Reporters, Published on 02/01/2015

» It's an old Chinese saying: the first generation builds the business, the second makes it a success, but the third wrecks it. In many cases, this old saying has proved to be true.

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BUSINESS

Top business newsmakers of 2014

Business, Post Reporters, Published on 25/12/2014

» It must be said that Thailand itself became quite a newsmaker along its up-and-down ride throughout the Year of the Horse.

BUSINESS

Growing global growth worries put stocks in red

Business, Published on 13/10/2014

» Recap: The International Monetary Fund's reduction of its forecast for world economic growth jolted global stock markets early last week and also sent oil prices plunging. A dovish tone in US Federal Reserve minutes helped ease worries briefly before markets sank again on Friday. Thai shares were hit by foreign investor selling and profit-taking by local investors.