Showing 1 - 9 of 9
Weakness in europe keeps global equities subdued
Business, Published on 31/10/2016
» Recap: Global equities were affected by poor sentiment led by European stocks, which fell for the entire week on disappointing corporate results. The European Central Bank is expected to now consider further stimulus to spur the lacklustre euro zone. The US Federal Reserve, meanwhile, is seen as moving closer to raising interest rates as third-quarter GDP growth of 2.9% exceeded expectations.
Oil rout, China weakness-keep-stocks-on-back-foot
Business, Published on 18/01/2016
» Recap: Asian stock markets swung back and forth last week but brief rebounds proved unsustainable in the face of dire economic news. Oil prices sank to a 12-year low below US$30 per barrel as investors worried about the health of the global economy, while the slowdown in China and volatility in its markets continued to make for a nervous start to the year. The Thai stock market had a similarly wild ride, tracking the regional bourses.
Weak China outlook keeps shares on back foot
Business, Published on 07/09/2015
» Recap: Downbeat factory activity data in China cast a dark cloud over global stock markets as investors' concerns over the world's economic health mounted. However, economic stimulus measures to help low-income earners and SMEs shielded the Thai bourse.
Global disarray as institutions falter
News, Thitinan Pongsudhirak, Published on 17/08/2015
» The international system as we know it is unravelling. Rules and institutions that were set up seven decades ago no longer hold the same weight and authority as they used to. As we grapple with an exacerbating global disorder, established powers and players and old rules and institutions need to be revamped and reinvented to accommodate new realities. Otherwise global tensions will mount, most probably accompanied by confrontation and conflict.
Set Gains on oil revival as greek drama intensifies
Business, Published on 09/02/2015
» Recap: Asian stock markets were rattled by concerns about Greece's plans to renegotiate its bailout. Worries mounted after Greece's new finance minister clashed with his powerful German counterpart and the European Central Bank (ECB) moved to stop funding Greece's lenders.
Hints of ECB action give global equities a lift
Business, Published on 08/12/2014
» Recap: Speculation that the European Central Bank (ECB) will adopt US-style money printing lifted stock markets across the world last week. The SET Index, however, moved sideways up in a narrow range of 1,586.23 and 1,600.29 points, and closed at 1,597.76, up 0.2% from the preceding week, in moderate turnover averaging 41.74 billion baht a day for four trading days.
Globalisation under threat, warns Citi economist
Business, Chiratas Nivatpumin, Published on 29/09/2014
» Policymakers across the world will face growing challenges from the threat of secular economic stagnation in the advanced economies, especially in the euro area, demographic changes and a retreat from globalisation, according to Willem Buiter, the chief economist for Citigroup.
ECB rate cut a tonic for emerging market stocks
Business, Published on 08/09/2014
» Recap: Asian shares were buoyed last week by speculation about asset reallocation to emerging markets after the European Central Bank (ECB) cut its policy rate to stave off deflation risk.