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Stocks move upward as us rate-hike concerns ease
Business, Published on 11/07/2016
» Recap: US Federal Reserve minutes suggesting it is likely to refrain from raising interest rates anytime soon, and hopes of fresh stimulus from central banks pushed up stock markets last week. However, a sharp fall in oil prices on Thursday trimmed some gains before surprisingly good US jobs data sparked a rally on Friday. Thai shares extended their gains.
Oil rout, China weakness-keep-stocks-on-back-foot
Business, Published on 18/01/2016
» Recap: Asian stock markets swung back and forth last week but brief rebounds proved unsustainable in the face of dire economic news. Oil prices sank to a 12-year low below US$30 per barrel as investors worried about the health of the global economy, while the slowdown in China and volatility in its markets continued to make for a nervous start to the year. The Thai stock market had a similarly wild ride, tracking the regional bourses.
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.