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BUSINESS

Yuan’s slump puts Asia’s rate-cutting central banks on alert

Published on 05/08/2019

» China’s decision to weaken its currency amid an escalating trade war will put Asian central banks on the defensive as they gauge how much monetary-policy easing their economies can withstand.

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BUSINESS

Dovish tone from yellen heartens equity investors

Business, Published on 17/07/2017

» Recap: Most Asian stock markets gained last week as investors took their cue from another all-time closing high for the Dow Jones Industrial Average, while dovish comments from the Federal Reserve on the interest rate outlook also bolstered risk sentiment. Oil prices also rallied but the impact on the energy-heavy Thai bourse was limited.

BUSINESS

Stocks rally strongly as fed dials back rate hikes

Business, Published on 21/03/2016

» Recap: Global stock markets rallied, propelled by the US Federal Reserve's dovish stance on its policy rate direction. However, the Thai stock market recorded its first weekly loss since Feb 12 as profit-taking capped gains.

BUSINESS

FED decision to stand PAT helps revive Asian stocks

Business, Published on 21/09/2015

» Recap: A buying spree in Asian stocks, particularly emerging markets, preceded last week's US Federal Reserve meeting, in hopes the Fed would leave its benchmark interest rate untouched. The rally continued after the decision was confirmed on Friday.

BUSINESS

Growing global growth worries put stocks in red

Business, Published on 13/10/2014

» Recap: The International Monetary Fund's reduction of its forecast for world economic growth jolted global stock markets early last week and also sent oil prices plunging. A dovish tone in US Federal Reserve minutes helped ease worries briefly before markets sank again on Friday. Thai shares were hit by foreign investor selling and profit-taking by local investors.