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Robust and risky Asean
Asia focus, Ismira Lutfia Tisnadibrata, Published on 30/05/2022
» Asian economies are looking ahead with optimism for a recovery in economic growth but with some reservations about the current global dynamics marked by the Russia-Ukraine conflict, rising inflation and commodity prices.
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.