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Downturn hits tycoon pockets
News, Post Reporters, Published on 09/07/2022
» Amid a slow economic recovery, the collective wealth of tycoons on the 2022 Forbes list of Thailand's 50 richest fell nearly 6% to US$151 billion from a year ago.
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.