Showing 1 - 5 of 5
Stocks move upward as us rate-hike concerns ease
Business, Published on 11/07/2016
» Recap: US Federal Reserve minutes suggesting it is likely to refrain from raising interest rates anytime soon, and hopes of fresh stimulus from central banks pushed up stock markets last week. However, a sharp fall in oil prices on Thursday trimmed some gains before surprisingly good US jobs data sparked a rally on Friday. Thai shares extended their gains.
FED decision to stand PAT helps revive Asian stocks
Business, Published on 21/09/2015
» Recap: A buying spree in Asian stocks, particularly emerging markets, preceded last week's US Federal Reserve meeting, in hopes the Fed would leave its benchmark interest rate untouched. The rally continued after the decision was confirmed on Friday.
China and Japan data, fed worries depress stocks
Business, Published on 14/09/2015
» Recap: Global stock markets sagged last week on concerns about the economies of China and Japan after their disappointing economic data. Investors also unloaded equities ahead of the US Federal Reserve's much-awaited meeting this week, even though expectations of an interest-rate rate increase appear to have receded for now.
Sea change in Sri Lanka
Asia focus, Published on 19/01/2015
» While many Sri Lankans are celebrating the electoral defeat of authoritarian former president Mahendra Rajapaksa, they acknowledge that he helped usher in an era of impressive economic growth following the end of three decades of civil war.
S&P cuts Asia Pacific growth figure
Online Reporters, Published on 25/09/2012
» An economic downturn induced by the cooling Chinese economy, ongoing troubles in the eurozone, and a fragile recovery in the US have caused Standard & Poors Ratings Services to lower its earlier projection for economic growth rates for Asia Pacific.