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BUSINESS

Owe what a feeling

Asia focus, Tanyatorn Tongwaranan, Published on 09/03/2015

» The rapid accumulation of household debt seen in Asia over the past five years has triggered concerns about the prospect of a financial crisis similar to the one in 2007 caused by the bursting of the housing bubble in the United States.

BUSINESS

Set flirts with 1,600 as central banks stay busy

Business, Published on 01/12/2014

» Recap: China's surprise interest rate cut, the first in more than two years, and speculation about further stimulus by the European Central Bank (ECB) propelled the run-up in Asian stock markets last week. The buying spree in tax-saving equity funds as the year-end approaches buoyed the Thai bourse which briefly surpassed 1,600 points.