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Search Result for “market volatility”

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BUSINESS

FED decision to stand PAT helps revive Asian stocks

Business, Published on 21/09/2015

» Recap: A buying spree in Asian stocks, particularly emerging markets, preceded last week's US Federal Reserve meeting, in hopes the Fed would leave its benchmark interest rate untouched. The rally continued after the decision was confirmed on Friday.

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BUSINESS

Stocks suffer from Yuan shock before late rally

Business, Published on 17/08/2015

» Recap: The move by China's central bank to devalue the yuan by adjusting its reference rate sent the currency down 4.6% and sent shockwaves through global financial markets. The Thai stock market slipped below 1,400 on Thursday before a bargain-hunting rally on Friday.