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BUSINESS

Deputy premier hopeful for 2023

Business, Published on 28/10/2022

» Thailand's economy should not succumb to the global economic slowdown projected for next year, but rather continue its recovery propelled by new infrastructure development and increasing digital know-how among people, says Deputy Prime Minister Supattanapong Punmeechaow.

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BUSINESS

Oil, war, pandemic: Economic costs mount

Business, Published on 14/03/2022

» The Russian invasion of Ukraine is sending economic shockwaves around the globe with crude oil prices at one point reaching US$130 per barrel, hitting businesses already reeling from tepid consumption caused by the Covid-19 pandemic.

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BUSINESS

Share trade subdued after long-expected Fed move

Business, Published on 19/06/2017

» Recap: Asian stock markets traded cautiously earlier last week as investors awaited the US Federal Reserve's rate decision. A rout in US technology stocks later in the week also dampened market sentiment. The Thai stock market still moved in a rangebound trade amid a lack of positive news.

BUSINESS

Worries about korea and france keep trade subdued

Business, Published on 24/04/2017

» Recap: Global stock markets were subdued earlier last week amid concerns over mounting geopolitical tension on the Korean peninsula and Sunday's first-round presidential election in France. However, sentiment for risk assets improved later as optimism spread about US tax reform. The Thai stock market moved back and forth amid a dearth of positive catalysts.

BUSINESS

Mixed messages from fed keep traders guessing

Business, Published on 22/08/2016

» Recap: A hawkish comment from New York Fed President William Dudley that US interest rates could be raised as soon as September weighed on global stock markets early last week. However, minutes of the July Fed meeting released on Wednesday suggested policymakers had mixed views and speculation about an imminent move decreased.

BUSINESS

Japanese stimulus plan gives lift to Asian stocks

Business, Published on 01/08/2016

» Recap: Asian stock markets advanced last week, propelled by Japan's bigger-than-expected fiscal stimulus plan, while investors shrugged off a US Federal Reserve statement that opened room for a policy rate hike later this year. Thai shares also climbed higher in liquidity-driven trade.

BUSINESS

Mixed Fed rate signals spook stock investors

Business, Nuntawun Polkuamdee, Published on 02/11/2015

» Recap: Global stock markets edged down last week after the US Federal Reserve suggested that an interest-rate increase was still possible before the end of this year. The news triggered a substantial sell-off by foreign investors in emerging markets in Asia.

BUSINESS

Set stalls despite high turnover, global optimism

Business, Published on 10/11/2014

» Recap: US and European markets surged last week. The Dow Jones Industrial Average hit a new high, buoyed by signals from the European Central Bank (ECB) signal that it stands ready to introduce more economic stimulus measures if necessary.

BUSINESS

Surprise from Tokyo gives Asian shares a boost

Business, Published on 03/11/2014

» Recap: Asian stock markets gained last week, buoyed by the Bank of Japan's surprise move on Friday to expand its stimulus programme. The SET Index moved in a range of 1,547.89 and 1,584.35 points and closed at 1584.16, up 2.9% from the preceding week, in trade worth an average of 47.44 billion baht a day.

ADVANCED NEWS

Hunt for cash: Post-flood govt borrowing

Jon Fernquest, Published on 24/01/2012

» With flood recovery looming & tax reductions galore (corporate, first car, first home...) govt frantically searching for ways to pay for it all.