Showing 21 - 28 of 28
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 stocks climb after China rate cut
Published on 24/11/2014
» HONG KONG — Asian markets rallied Monday after China's surprise move last week to cut interest rates for the first time in more than two years as its leaders try to strengthen growth.
Set stalls despite high turnover, global optimism
Business, Published on 10/11/2014
» Recap: US and European markets surged last week. The Dow Jones Industrial Average hit a new high, buoyed by signals from the European Central Bank (ECB) signal that it stands ready to introduce more economic stimulus measures if necessary.
Asia shares mixed, Europe stocks tumble
Published on 30/10/2014
» HONG KONG — Asian markets were mixed Thursday while the dollar resumed its upward march against the yen after the Federal Reserve wound up its vast bond-buying scheme and reiterated its plan to keep interest rates at record lows.
Better global outlook spurs share rebound
Business, Published on 27/10/2014
» Recap: Global bourses, especially in the US and Europe, rebounded as investors hoped for more European Central Bank (ECB) stimulus. However, activity in Thailand was muted as concerns over the health of the domestic economy mounted.
Asia shares boosted by Wall St rally
Published on 22/10/2014
» HONG KONG — Asian markets mostly pushed higher Wednesday, taking a lead from fresh gains in New York and Europe in response to reports that the European Central Bank (ECB) would widen its stimulus programme.
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.
ECB rate cut a tonic for emerging market stocks
Business, Published on 08/09/2014
» Recap: Asian shares were buoyed last week by speculation about asset reallocation to emerging markets after the European Central Bank (ECB) cut its policy rate to stave off deflation risk.