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Woodside powers up
Asia focus, Erich Parpart, Published on 05/12/2016
» Myanmar is the centre of attention for Woodside Energy following the Australian company's discovery of gas off the coast of Rakhine state last year. It is now preparing to invest around 25-30% of its exploration budget in Southeast Asia to help realise the potential of the region.
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.