Showing 1 - 9 of 9
Optimism prevails as earnings season begins
Business, Published on 13/10/2018
» Market Recap: Trade in Thai shares was volatile this week amid heavy selling by foreign investors. Sentiment was dented by worries over US interest rates, soaring US Treasury yields, more liquidity injections by China, and rising oil prices that could undermine Thai economic prospects.
Global risk and currency contagion worries set tone
Business, Published on 08/09/2018
» Market Recap: Thai shares tumbled this week, led by losses in big blue chips such as PTT, KBANK and SCB. TRUE also fell sharply in response to an arbitral ruling ordering the firm to pay compensation worth 76 billion baht plus interest to TOT Plc for a breach of contract relating to ADSL service.
Modest upward trend detected
Business, Published on 11/08/2018
» Market Recap: Thai shares moved sideways up this week in response to earnings of listed companies that mostly beat market expectations. Positive domestic catalysts, such as the introduction of the Thailand Future Fund, outweighed negative external factors such as US-China trade tensions.
SET pain done but trade war a worry
Business, Published on 14/07/2018
» Market recap: Thai shares managed to stage a mild rebound over the past week amid volatility on global bourses. Renewed worries over a fresh round of US-China trade tensions weighed on overall sentiment.
Scotiabank shelves TBank divestment
Business, Somruedi Banchongduang, Published on 07/09/2016
» Bank of Nova Scotia (Scotiabank), Canada's third largest lender by assets, has shelved plans to sell up to a 49% stake in Thanachart Bank (TBank) because of the fragile global economic recovery, according to a source in the banking circle.
Global slowdown, local woes push down stocks
Business, Published on 27/07/2015
» Recap: Downbeat manufacturing data from China and the euro zone rattled global stock markets and sank gold prices to a five-year low last week. Concerns over Thailand's dimming economic prospects in the second half also pushed down local shares.
Global funds aren’t buying year of happiness
Published on 23/05/2015
» Prime Minister Prayut Chan-o-cha pledged to return happiness to the country after seizing power a year ago. Foreign investors aren’t buying it.
Oil and global factors dent Asean business optimism
Asia focus, Nareerat Wiriyapong, Published on 09/02/2015
» Business confidence in Asean plunged to a three-year low in the last quarter of 2014 and the outlook remains volatile for this year as prevailing global uncertainties have dampened growth prospects, says the London-based consultancy Grant Thornton.