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BUSINESS

Yuan’s slump puts Asia’s rate-cutting central banks on alert

Published on 05/08/2019

» China’s decision to weaken its currency amid an escalating trade war will put Asian central banks on the defensive as they gauge how much monetary-policy easing their economies can withstand.

BUSINESS

Investors heartened as fed ends rate suspense

Business, Published on 20/03/2017

» Recap: Investors were treading cautiously ahead of last week's US Federal Reserve meeting when the US central bank raised its benchmark interest rate as expected, but their appetite improved after Chair Janet Yellen's comments suggested a more gradual pace of monetary tightening this year. The Thai stock market joined the global rally as the wild swings in trade of Group Lease (GL) eased.

BUSINESS

Yuan devaluation boosts Chinese shares

AFP, Published on 11/08/2015

» HONG KONG - Asian shares were mixed on Tuesday, with Shanghai and Hong Kong boosted by news China's central bank is devaluing its currency while other regional markets fell.

BUSINESS

Year in Review

Asia focus, Published on 29/12/2014

» Asia rose to new heights in 2014 despite the many challenges that beset the region. Headline-making developments ranged from China dethroning the United States as the world's largest economy, subject to vigorous debate as that may be, to the tragic mystery of Malaysia Airlines Flight MH370.

BUSINESS

Set flirts with 1,600 as central banks stay busy

Business, Published on 01/12/2014

» Recap: China's surprise interest rate cut, the first in more than two years, and speculation about further stimulus by the European Central Bank (ECB) propelled the run-up in Asian stock markets last week. The buying spree in tax-saving equity funds as the year-end approaches buoyed the Thai bourse which briefly surpassed 1,600 points.

ADVANCED NEWS

China currency war coming?

Jon Fernquest, Published on 04/03/2013

» Top Chinese central banker says China prepared for currency war but G20 meeting between major economies may save the day.