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BUSINESS

Gold stays buoyant as Asian bourses rally

Business, Nareerat Wiriyapong, Published on 09/05/2023

» Gold prices bounced back and managed to stay buoyant on Monday as Asian stocks advanced while investors awaited key US inflation data due later this week that could influence the Federal Reserve's (Fed) monetary policy stance.

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THAILAND

Sudarat's 'third way' in politics

News, Nattaya Chetchotiros, Published on 19/09/2022

» Khunying Sudarat Keyuraphan has announced the Thai Sang Thai Party (TST) to be a "third force" in politics whose policy platforms will highlight the country's priorities for the next general election expected early next year.

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BUSINESS

Pandemic Year 3: Old and new risks lie ahead

Asia focus, Published on 23/11/2021

» At the start of 2021, UOB's outlook for the regional economic recovery from the Covid-19 pandemic hinged on three things -- the wide availability of vaccines, aggressive fiscal stimulus and accommodative monetary policies.

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BUSINESS

Stocks trade in narrow range as investors comb us data

Business, Published on 07/08/2017

» Recap: Global investors remained concerned last week about US political developments and economic data that could influence a Federal Reserve interest-rate increase, amid signs that the Fed was growing more cautious. Wall Street staged a revival on Friday after the US reported strong employment numbers for July.

BUSINESS

Equity rally pauses as investors contemplate Fed

Business, Published on 06/03/2017

» Recap: Equity markets jumped last week in the US and are up 10% since the presidential election in November, as consumer confidence hit a 15-year high, further supporting the case for higher interest rates when the US Federal Reserve meets on March 14-15.

BUSINESS

Trump tantrums keep traders on edge, SET dips

Business, Nuntawun Polkuamdee, Published on 06/02/2017

» Recap: World stock markets retreated as investors shied away from riskier assets over renewed concerns about US President Donald Trump's controversial ban on refugees and travellers from seven Muslim-majority countries and protectionist rhetoric that fanned fears of a global trade war. Buying ahead of corporate earnings releases and hopes for dividend payments cushioned the Thai stock market against a steep fall.

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THAILAND

Prayut firm in fight against corruption

News, Post Reporters, Published on 10/12/2016

» Prime Minister Prayut Chan-o-cha on Friday urged all parties to join forces to fight on to curb corruption, a key factor blamed for failed state management in the past and which affects Thailand's economy, society, politics, education and public expenditure.

BUSINESS

Oil rout drags down shares ahead of fed talks

Business, Published on 19/09/2016

» Recap: Global stock markets plunged last week as investors cashed out ahead of this week's much-awaited US Federal Reserve meeting. Worries over the oil glut also triggered selling of energy stocks, but the Thai market picked up following a recent steep fall.

BUSINESS

Global shares rally on fed set flat amid 4G frenzy

Business, Nuntawun Polkuamdee, Published on 21/12/2015

» Recap: Global stock markets moved sideways last week as sinking oil prices pushed down energy shares, and rebounded at the end of the week after the US Federal Reserve ended months of uncertainty by raising its benchmark interest rate by 25 basis points for the first time in nine years. Thai stocks were little changed despite sinking on Friday, pulled down by telecoms as prices for 4G licences headed for a world record.

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BUSINESS

Fed, oil and economic worries push down stocks

Business, Published on 10/08/2015

» Recap: Major global stock markets continued to fluctuate last week. The Dow Jones was pressured by underperforming company results and the growing possibility of a Fed rate increase and European bourses fell with global oil prices. Asia's large markets rose, led by gains in China and Hong Kong on growing speculation that the Beijing government would take more steps to restore shaky confidence in equities.