Showing 1 - 10 of 20
KKP wary on baht outlook despite uptick
Business, Published on 07/06/2024
» The baht has posted a short-term gain, rising to a two-week high of stronger than 36.5 to the dollar on Thursday, but Kiatnakin Phatra Financial Group (KKP) warns the Thai currency could depreciate because of Thailand's structural problems.
Italy tests lockdown; global cases near 110,000: Virus update
Published on 09/03/2020
» Italy started its first working day after a government decree sought to curb movement within the country’s financial hub. Germany plans to boost investment to help its economy and the Trump administration is drafting measures to blunt the economic fallout from the outbreak.
Fitch: Emerging markets to struggle in 2019
Business, Chiratas Nivatpumin, Published on 22/10/2018
» Emerging markets are set to face rising economic headwinds in 2019 as global growth slows and financial conditions tighten, according to James McCormack, Fitch's global head of sovereign ratings.
SET up 0.2%, global markets cringe over trade war fears
Business, Published on 03/03/2018
» Recap: Global stock markets fell to two-week lows yesterday, with steelmakers taking a pounding after US President Donald Trump said he would impose hefty tariffs on imports of steel and aluminium, reviving fears of a trade war.
SET has best week of year as Pyongyang rattles investors
Business, Published on 04/09/2017
» Recap: Another missile launch by North Korea and Hurricane Harvey in the US shook global capital markets as investors reallocated assets, shifting to safe havens such as gold and bonds, as well as equities in Asian emerging markets including Thailand. Previously the worst performer among emerging market peers, the SET had its highest weekly percentage gain of the year.
Syria and Trump-Xi talks keep investors on sidelines
Business, Published on 10/04/2017
» Recap: Markets were rattled late last week after US cruise missiles struck a Syrian air base, while global investors moved to the sidelines pending the outcome of talks between US President Donald Trump and Chinese President Xi Jinping. Safe-haven assets such as the yen and gold soared and oil prices also surged. The formal promulgation of the country's 20th constitution, ensuring an election sometime late next year, helped keep the Thai stock market in a rangebound trade.
Global economy more fragile with few growth drivers
Asia focus, Erich Parpart, Published on 03/10/2016
» The prolonged global slowdown in overall growth and trade is expected to persist if all parties do not work toward a solution together, the United Nations Conference on Trade and Development (Unctad) has warned.
Set sheds another 2.2% as Asian sentiment subdued
Business, Published on 07/12/2015
» Recap: Asian stocks retreated last week, weighed down by negative factors including downbeat Chinese factory data, signals from Federal Reserve Chair Janet Yellen that an interest-rate increase this month is all but certain, and the smaller-than-expected scale of new stimulus by the European Central Bank. In Thailand, rumours in social media that the European Union (EU) had imposed sanctions against the country triggered panic selling.
Stocks advance as chances of US rate hike recede
Business, Published on 19/10/2015
» Recap: Global stock markets rallied last week on receding prospects for the first interest rate increase since 2006 by the US Federal Reserve amid signs of global economic weakness. Capital inflows to emerging markets including Thailand have also lifted their currencies against the dollar.
China worries hit stocks as blast deepens set pain
Business, Published on 24/08/2015
» Recap: A fresh Chinese equity rout triggered by weak manufacturing data and accelerating outflows, plunging oil prices and sabre-rattling between North and South Korea roiled stock markets across the world last week. The deadly bombing at the Erawan shrine in Bangkok further rattled nerves in Thailand, where stocks plunged well below 1,400 points.