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Search Result for “tourism industry”

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BUSINESS

Equities hit by us interest rate speculation again

Business, Published on 05/09/2016

» Recap: Higher prospects for a US interest rate increase this year roiled global stock markets last week before the release of tepid job data on Friday weakened the case for any change. The Thai bourse faced selling pressure on Friday as investors cashed out for fear that capital inflows to Thailand would reverse, as has been seen in some other markets in Southeast Asia.

BUSINESS

Good week for stocks as concerns EASE about fed

Business, Published on 23/11/2015

» Recap: The deadly attacks in Paris and minutes of the October Federal Reserve meeting, which appeared to point to a December interest-rate increase, rattled global stock markets early last week. However, investors went on a buying spree later as they took a deeper look at the Fed minutes and concluded any action would be gradual. Better-than-expected GDP data for Thailand in the third quarter also lent some support to Thai shares.

BUSINESS

Stocks advance as chances of US rate hike recede

Business, Published on 19/10/2015

» Recap: Global stock markets rallied last week on receding prospects for the first interest rate increase since 2006 by the US Federal Reserve amid signs of global economic weakness. Capital inflows to emerging markets including Thailand have also lifted their currencies against the dollar.

BUSINESS

SET gains as global bourses fret about Greece

Business, Published on 29/06/2015

» Recap: The Greek debt crisis cast a cloud over global stock markets last week but Thailand staged a modest rally. Chinese stocks plummeted 8% on Friday as investors rushed to cash out amid signs that an eight-month bull run was ending.