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BUSINESS

All eyes on Fed next week as global shares steady

Business, Published on 24/07/2021

» Recap: Global stocks had a volatile week before picking up on Friday. The MSCI World Index steadied after three days of gains. The market is looking ahead to next week's Federal Reserve meeting after the European Central Bank pledged on Thursday to continue with heavy stimulus spending. Emerging markets and Asian shares slid, pressured by coronavirus worries.

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BUSINESS

Share trade subdued after long-expected Fed move

Business, Published on 19/06/2017

» Recap: Asian stock markets traded cautiously earlier last week as investors awaited the US Federal Reserve's rate decision. A rout in US technology stocks later in the week also dampened market sentiment. The Thai stock market still moved in a rangebound trade amid a lack of positive news.

BUSINESS

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.

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BUSINESS

PSL expansion gets mixed reviews in soft market

Asia focus, Nareerat Wiriyapong, Published on 20/04/2015

» Precious Shipping Plc (PSL) is looking to raise more than 2 billion baht from shareholders to help fund fleet expansion, but some analysts question the strategy given the weak outlook for the shipping industry.