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BUSINESS

The main event

Asia focus, Nareerat Wiriyapong, Published on 27/06/2016

» When Tim Cobbold first arrived at the London headquarters of UBM Plc two years ago, he was stepping into a business that was very different from those he'd been involved in previously. Ever since then, the 53-year-old CEO has been redefining the direction of the media company to focus completely on the event business.

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BUSINESS

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.

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BUSINESS

Korn: Engine is misfiring

Business, Pathom Sangwongwanich, Published on 06/06/2016

» Thailand's economic development model is not sustainable due to the nature of the country's economic engine, says a former finance minister.

BUSINESS

Cautious tone from fed gives big lift to stocks

Business, Nuntawun Polkuamdee, Published on 04/04/2016

» Recap: The cautious tone of Federal Reserve Chair Janet Yellen's comments on the global economy that lessened prospects for a US interest-rate increase triggered a global stock market rally last week. Positive investor response to her views also pushed the Thai stock market back above 1,400 points.

BUSINESS

Foreign flight poses threat to stock market

Business, Nuntawun Polkuamdee, Published on 04/01/2016

» The persistent exodus of foreign investors is of the greatest concern to the Thai stock market in 2016 after around 400 billion baht was cashed out over the past three years.

BUSINESS

Asian shares rise but 4G cost concerns hit set

Business, Published on 28/12/2015

» Recap: A Wall Street rally propelled by consumer sentiment at a five-month high in December gave a boost to most Asian stock markets. However, concerns over expensive 4G licences in Thailand triggered a sharp sell-off in telecom stocks and battered the SET index. Lower oil prices also put pressure on the local bourse.

BUSINESS

Global shares rally on fed set flat amid 4G frenzy

Business, Nuntawun Polkuamdee, Published on 21/12/2015

» Recap: Global stock markets moved sideways last week as sinking oil prices pushed down energy shares, and rebounded at the end of the week after the US Federal Reserve ended months of uncertainty by raising its benchmark interest rate by 25 basis points for the first time in nine years. Thai stocks were little changed despite sinking on Friday, pulled down by telecoms as prices for 4G licences headed for a world record.

BUSINESS

Strategist predicts active central bank

Business, Pathom Sangwongwanich, Published on 18/11/2015

» Bank of Thailand officials are expected to remain strongly involved in warding off baht volatility and maintaining stability amid the ongoing currency war, says one market strategist.

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BUSINESS

China and Fed set tone as global shares head south

Business, Published on 16/11/2015

» Recap: Downbeat data out of China and the growing possibility of a US Federal Reserve interest-rate increase jolted global stock markets last week. The costly 1800-megahertz spectrum auction and softer oil prices also weighed on the Thai stock market.

BUSINESS

Mixed Fed rate signals spook stock investors

Business, Nuntawun Polkuamdee, Published on 02/11/2015

» Recap: Global stock markets edged down last week after the US Federal Reserve suggested that an interest-rate increase was still possible before the end of this year. The news triggered a substantial sell-off by foreign investors in emerging markets in Asia.