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BUSINESS

Fitch: Emerging markets to struggle in 2019

Business, Chiratas Nivatpumin, Published on 22/10/2018

» Emerging markets are set to face rising economic headwinds in 2019 as global growth slows and financial conditions tighten, according to James McCormack, Fitch's global head of sovereign ratings.

BUSINESS

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.

BUSINESS

Sset steady above 1,500 in mixed week for equities

Business, Published on 25/07/2016

» Recap: US stocks closed out their fourth straight week of gains but European markets were mostly flat, amid concerns ranging from Brexit to the future of Turkey following a failed coup attempt. Japan slid back amid indications that central bank stimulus might not be as aggressive as traders had hoped for.

BUSINESS

China worries hit stocks as blast deepens set pain

Business, Published on 24/08/2015

» Recap: A fresh Chinese equity rout triggered by weak manufacturing data and accelerating outflows, plunging oil prices and sabre-rattling between North and South Korea roiled stock markets across the world last week. The deadly bombing at the Erawan shrine in Bangkok further rattled nerves in Thailand, where stocks plunged well below 1,400 points.

BUSINESS

Swiss surprise caps volatile trading week

Business, Published on 19/01/2015

» Recap: Global bourses felt strong selling pressure from the downward spiral of oil prices and the unexpected scrapping of a cap on the Swiss franc against euro, before staging a relief rally on Friday.

BUSINESS

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.

BUSINESS

Euro optimism lifts SET

Online Reporters, Published on 07/09/2012

» Thai stocks rose sharply on Friday in line with the global trend as investors cheered a possible breakthrough in efforts to ease Europe's debt crisis.

BUSINESS

Baht falls, bonds advance

Published on 05/09/2012

» Thailand's baht declined, snapping a three-day gain, after a report showed manufacturing shrank in the United States, the Southeast Asian country's third-largest export market. Government bonds rose.