Showing 71 - 80 of 168
Asian shares drift lower in thin Pre-Holiday trade
Business, Published on 26/12/2016
» Recap: The oil price retreat and lack of positive market-moving factors weighed on Asian stocks last week. Thai shares also tracked the fall in the regional bourses, but buying in tax-saving funds ahead of the year-end limited the downside.
Hawkish fed tone rattles asia, But only briefly
Business, Published on 19/12/2016
» Recap: Hawkish signals from the US Federal Reserve of a faster pace of policy tightening next year weighed on Asian stock markets last week. Most recovered late in the week after investors concluded the reaction had been overdone. Anticipation of a year-end spending spree by consumers lured by tax breaks kept the Thai bourse steady.
Woodside powers up
Asia focus, Erich Parpart, Published on 05/12/2016
» Myanmar is the centre of attention for Woodside Energy following the Australian company's discovery of gas off the coast of Rakhine state last year. It is now preparing to invest around 25-30% of its exploration budget in Southeast Asia to help realise the potential of the region.
Emerging markets revive but us rate move looms
Business, Published on 28/11/2016
» Recap: The prospect of higher US interest rates moved markets all last week, with the Dow powering above 19,000 points, though the long US dollar rally paused on Friday while gold rebounded from a nine-month low. Emerging-market shares staged their first weekly advance in more than a month, led by commodity and energy producers. European shares were little changed, oil slipped back as hopes dimmed for an Opec production cut, and US Treasuries fell.
Even in a greener world, fossil fuels still rule
Asia focus, Erich Parpart, Published on 07/11/2016
» The current global trend may be "going green, going electric and going mobile", but fossil fuels will continue to dominate energy consumption globally, especially in developing countries, says the CEO of PTT Plc, Thailand's biggest energy company.
China anxiety hits shares, Set endures volatile week
Business, Published on 17/10/2016
» Recap: Disappointing Chinese trade data that revived concerns about the world's second largest economy weighed on global market sentiment last week. Thai shares experienced wild swings throughout the week on domestic worries, plunging below 1,400 points before buying on dips reversed the sharp drop on Friday.
Tevin: PTT capex to rise for innovation
Business, Apornrath Phoonphongphiphat, Published on 12/10/2016
» SET-listed PTT Plc, the country's oil and gas conglomerate, is about to increase its five-year capital expenditure (capex) amount, expecting to spend more on innovations that would generate additional sustainable revenue.
Opec output-cut deal provides lift for equities
Business, Published on 03/10/2016
» Recap: Global stock markets see-sawed last week with news developments. The relief rally that followed the previous week's Fed meeting ebbed, but Hillary Clinton's strong performance against Donald Trump in the first US presidential debate cheered investors. Also buoying sentiment was Opec's surprise agreement to cut oil output, but worries about the health of Deutsche Bank, which faces huge US fines for dodgy business practices, capped gains. The Opec decision helped the energy-heavy Thai stock market recoup some earlier losses.
Investors cheer central banks, Jasmine buoys set
Business, Published on 26/09/2016
» Recap: The US Federal Reserve's less-hawkish view on the pace of interest-rate increases, coupled with policy tweaks by the Bank of Japan, buoyed global stock markets last week. The Thai bourse tracked global movements before profit-taking set in on Friday, while a huge tender offer for Jasmine International (JAS) shares also created a bounce.
Eyes on the S-curve
Business, Yuthana Praiwan, Published on 26/09/2016
» PTT Plc, the national oil and gas conglomerate, is considering investing in new S-curve growth businesses under its express solution and corporate venture capital fund.