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Search Result for “financial services”

Showing 1 - 8 of 8

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BUSINESS

Talk of end to easy money keeps stocks subdued

Business, Published on 03/07/2017

» Recap: Hawkish comments from central banks signalling that the era of cheap money was coming to an end depressed global stock markets last week, while upbeat Chinese manufacturing data failed to bolster sentiment. Profit-taking erased early gains on anticipation of window-dressing at the end of the second quarter and sent the Thai stock market lower.

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BUSINESS

BoT tightens belt on consumer loans

Business, Published on 30/06/2017

» The Bank of Thailand is set to announce tighter regulations governing unsecured loans next month as part of its effort to discourage consumers, particularly low-income earners, from accumulating further debt.

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BUSINESS

SEC hurries to acquire blockchain trading advantage

Business, Nuntawun Polkuamdee, Published on 07/11/2016

» The Securities and Exchange Commission (SEC) is studying the possibility of issuing licences for blockchain-based securities trading as it seeks to encourage the local stock market to gain first-mover advantage in the new technology race.

BUSINESS

Rate cuts, stimulus moves help propel global stocks

Business, Published on 08/08/2016

» Recap: An interest-rate cut and new quantitative easing plans by the Bank of England, along with additional stimulus in Japan, helped propel global stock markets last week. In the US, stocks jumped on Friday in response to healthy employment data, which helped offset a weak manufacturing report earlier.

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BUSINESS

Global shares sink in bad case of China syndrome

Business, Published on 11/01/2016

» Recap: The new year got off to a miserable start as China suspended share trading twice, the yuan slid to a five-year low, and weak manufacturing and services data in the world's second-largest economy rattled traders everywhere including Thailand.

BUSINESS

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.

BUSINESS

Asian markets await jobs data with bated breath

Business, Published on 05/10/2015

» Recap: Asian stock markets changed little as investors awaited US jobs data, crucial information for the US Federal Reserve in deciding on its first rate hike in years. However, banking stocks were under selling pressure on investor concerns that larger loan-loss provisions to cushion against rising non-performing loans could erode third-quarter profits.

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BUSINESS

Stocks rally after black monday as rate fears ease

Business, Published on 31/08/2015

» Recap: China's Black Monday sparked a sell-off in global stock markets before a relief rally took hold across the world amid hints that the US Federal Reserve would not lift interest rates in September given fragile global conditions. Stimulus measures proposed by the Thai government's new economic team also improved investors' appetite for local shares.