Showing 1 - 5 of 5
Investors cheer central banks, Jasmine buoys set
Business, Published on 26/09/2016
» Recap: The US Federal Reserve's less-hawkish view on the pace of interest-rate increases, coupled with policy tweaks by the Bank of Japan, buoyed global stock markets last week. The Thai bourse tracked global movements before profit-taking set in on Friday, while a huge tender offer for Jasmine International (JAS) shares also created a bounce.
Good week for stocks as concerns EASE about fed
Business, Published on 23/11/2015
» Recap: The deadly attacks in Paris and minutes of the October Federal Reserve meeting, which appeared to point to a December interest-rate increase, rattled global stock markets early last week. However, investors went on a buying spree later as they took a deeper look at the Fed minutes and concluded any action would be gradual. Better-than-expected GDP data for Thailand in the third quarter also lent some support to Thai shares.
Indonesia central bank holds interest rate
Published on 14/07/2015
» Indonesia’s central bank kept its main interest rate unchanged for a fifth month, refraining from monetary easing that could further weaken one of Asia’s worst-performing currencies.
Bank Indonesia cuts interest rate
Published on 17/02/2015
» Indonesia’s central bank unexpectedly cut its main interest rate for the first time in three years, joining global counterparts in easing monetary policy to support Southeast Asia’s biggest economy as inflation cools.
Indonesia Rupiah falls most in 2 weeks
Published on 12/02/2015
» The rupiah fell the most in almost two weeks as the prospect of a Greek default or exit from the euro damped demand for emerging-market assets.