Showing 1 - 10 of 22
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.
Baht surges to 5-year high near 31
Business, Published on 21/02/2019
» The baht soared to its highest level against the dollar in more than five years on Wednesday, on hopes that the US and China would be able to secure a trade deal and avert retaliatory tariffs. Analysts expect the local currency to continue marching past the 31-baht mark.
Terror in Spain, turmoil in Washington dent stocks
Business, Nuntawun Polkuamdee, Published on 21/08/2017
» Recap: US political instability and a terrorist attack in Spain put pressure on global stock markets, with Wall Street hitting a three-month low and European and Asian bourses also sinking, though Thailand managed a small gain.
North korea and oil slump keep investors on sidelines
Business, Published on 10/07/2017
» Recap: A long-range missile launch by North Korea put investors back in risk-off mode early last week. A sharp decline in oil prices further dampened sentiment before a Friday rally on Wall Street in response to better-than-expected job figures for June. A buying spree in energy giant PTT following a recent fall and in banking stocks ahead of second-quarter earnings results helped limit losses in the Thai stock market.
Online trading evangelist
Asia focus, Erich Parpart, Published on 12/06/2017
» It was quite a leap from a home-cleaning business to foreign-exchange trading, but Mario Singh has since channeled his curiosity and enthusiasm for the world of currencies into a rewarding career as a high-profile investor and educator. Now one of the prominent forex analysts and trading coaches in Southeast Asia, the founder of the online brokerage Fullerton Markets loves sharing his insights with others.
Oil rout drags down asian stocks, But manila shines
Business, Published on 08/05/2017
» Recap: Asian stocks fell last week, dragged down by tumbling oil prices on fresh global supply glut concerns. However, the Philippines outperformed the region as stocks rose to a nine-month high. Thai trading was rangebound amid a dearth of market-moving news.
Setback for trump hurts us equities but set rises
Business, Published on 27/03/2017
» Recap: Asian stocks drifted last week and Wall Street fell as investors awaited a crucial vote on the US healthcare bill. Its failure on Friday raised questions about President Donald Trump's ability to push through the rest of his agenda including tax cuts. Lower oil prices prompted by persistent worries about the global glut also dampened sentiment. Buying ahead of the dividend season bolstered the Thai stock market but global uncertainties capped gains.
Trump tantrums keep traders on edge, SET dips
Business, Nuntawun Polkuamdee, Published on 06/02/2017
» Recap: World stock markets retreated as investors shied away from riskier assets over renewed concerns about US President Donald Trump's controversial ban on refugees and travellers from seven Muslim-majority countries and protectionist rhetoric that fanned fears of a global trade war. Buying ahead of corporate earnings releases and hopes for dividend payments cushioned the Thai stock market against a steep fall.
Set moves ahead as dow hits 20,000 point milestone
Business, Published on 30/01/2017
» Recap: The Dow Jones Industrial Average last week crossed the 20,000 mark for the first time, lifting Thai shares by 1% on Thursday to a two-year high before rally slowed at the end of the week. European equities slipped and trading in Asia was subdued because of the Lunar New Year holidays.
Stocks gyrate as traders ponder life under Trump
Business, Published on 14/11/2016
» Recap: Global stock markets yo-yoed last week in response to Donald Trump's surprising US presidential election victory. US equities rose to record highs, led by financials, on expectations of lighter regulation and higher spending. But most markets elsewhere sank on concern that Mr Trump's stance against free trade and immigration could curb economic growth and increase geopolitical uncertainty. They also fear his spending plans will push up inflation, possibly triggering more aggressive rate increases by the Federal Reserve and prompting capital outflows from emerging markets.