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Set recovers from manic monday with help from FED
Business, Published on 22/12/2014
» Recap: Global stock markets were jolted by further slide in oil prices early last week, but the US Federal Reserve's assurances on Wednesday that it would be "patient" about raising interest rates revived sentiment. The Thai stock market was also rattled further by an unspecified rumour that sent the SET index plunging 9.2% at one point on Monday — the biggest intraday fall since October 2008 — before bargain-hunting narrowed the loss. The SET said it found no irregularities in the slide, putting it down to panic selling.
SCG looks beyond Asean for expansion
Asia focus, Published on 29/09/2014
» Siam Cement Group (SCG) aims to turn South Asia, Africa and the Middle East into its "next Asean" as Thailand's top industrial conglomerate expands more aggressively beyond its strongholds in Southeast Asia in the next five years.