Showing 1 - 8 of 8
Stuck in neutral
Asia focus, Published on 27/01/2020
» Amid ongoing uncertainties including trade tariffs and geopolitical tensions, global economic growth prospects look dim for 2020, partly due to a disappointing performance in major Asian economies.
Disappointment with Opec accord hits world equities
Business, Published on 29/05/2017
» Recap: Global equity markets retreated last week as a slump in crude prices triggered a sell-off in energy stocks after an Opec-led decision to extend output cuts fell short of expectations. However, markets rallied on Friday amid a consensus that the sell-off had been an overreaction. The energy-heavy Thai stock market started the week strongly in anticipation of good news from Opec, and offshore fund inflows helped to limit losses later.
Equities hit by us interest rate speculation again
Business, Published on 05/09/2016
» Recap: Higher prospects for a US interest rate increase this year roiled global stock markets last week before the release of tepid job data on Friday weakened the case for any change. The Thai bourse faced selling pressure on Friday as investors cashed out for fear that capital inflows to Thailand would reverse, as has been seen in some other markets in Southeast Asia.
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.
China rate cut spurs stocks but set struggles
Business, Nuntawun Polkuamdee, Published on 18/05/2015
» Recap: China's interest-rate cut by 25 basis points, the third in six months, propelled Asian stock markets early last week. However, sentiment turned sour amid renewed worries over the world's second largest economy following weak economic data, and Greece's precarious finances.
Asian markets up, Europe rebounds
Published on 02/12/2014
» HONG KONG — Asian shares rose Tuesday, with energy firms clawing back some losses as oil prices recovered from multi-year lows, while Shanghai surged to a three-year high on hopes for more Chinese government easing.
Australians vote for change
Published on 07/09/2013
» SYDNEY - Conservative challenger Tony Abbott declared Australia "under new management" on Saturday after Prime Minister Kevin Rudd conceded election defeat and said he would step down as Labor leader.
Central banks to discuss interest rates
Published on 11/06/2012
» Central banks in Southeast Asia's two largest economies meet to set interest rates this week, with officials forecast to hold off on stimulus days before a Greek election at risk of triggering a deeper European turmoil.