Showing 1 - 10 of 14
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.
Looking ahead toward Apec 2022
Oped, Natapanu Nopakun, Published on 18/01/2022
» As the new year begins, it is high time to look back at the past year's achievements and, at the same time, to look ahead towards the next. If the Covid-19 pandemic which began in late 2019 and early 2020 took the world by surprise, and 2021 proved to be another year of daunting challenges, 2022 could see countries around the world continue to struggle, trying to open despite the emergence of new variants of the coronavirus, like the current Omicron.
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.
Not another monopoly
News, Postbag, Published on 20/07/2016
» If a state enterprise must be chosen to run airport parking lots, PTT should not be the choice, for its core mission is all about oil.
Oil and economic worries lead to late stock sell off
Business, Published on 13/06/2016
» Recap: Global stock markets were buoyed for most of last week by fading expectations of a US interest-rate increase before global economic concerns and falling oil prices prompted a late sell-off. Profit-taking after the recent rally pushed down the Thai stock market.
Oil rout, China weakness-keep-stocks-on-back-foot
Business, Published on 18/01/2016
» Recap: Asian stock markets swung back and forth last week but brief rebounds proved unsustainable in the face of dire economic news. Oil prices sank to a 12-year low below US$30 per barrel as investors worried about the health of the global economy, while the slowdown in China and volatility in its markets continued to make for a nervous start to the year. The Thai stock market had a similarly wild ride, tracking the regional bourses.