Showing 11 - 20 of 23
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.
Mixed economic signals keep Asian shares drifting
Business, Published on 03/04/2017
» Recap: Asian investors continued to tread cautiously last week amid mixed economic signals. Better-than-expected US economic growth data and solid industrial output readings from China and Japan bolstered sentiment, but a hawkish view on interest rates by some US Federal Reserve governors and uncertainty about President Donald Trump's tax reforms and spending plans after his healthcare fiasco pressured stocks. In Thailand a buying spree by foreign investors helped boost the index but profit-taking capped gains.
Good neighbours
Asia focus, Erich Parpart, Published on 27/03/2017
» Exports from Thailand and Malaysia will continue to grow thanks to the rapid economic expansion driving demand in the CLMV (Cambodia, Laos, Myanmar and Vietnam) countries and weak currencies, while economic recovery in both countries will continue to support bilateral trade, say experts.
Hawkish fed tone rattles asia, But only briefly
Business, Published on 19/12/2016
» Recap: Hawkish signals from the US Federal Reserve of a faster pace of policy tightening next year weighed on Asian stock markets last week. Most recovered late in the week after investors concluded the reaction had been overdone. Anticipation of a year-end spending spree by consumers lured by tax breaks kept the Thai bourse steady.
Mixed messages from fed keep traders guessing
Business, Published on 22/08/2016
» Recap: A hawkish comment from New York Fed President William Dudley that US interest rates could be raised as soon as September weighed on global stock markets early last week. However, minutes of the July Fed meeting released on Wednesday suggested policymakers had mixed views and speculation about an imminent move decreased.
Global shares rally on fed set flat amid 4G frenzy
Business, Nuntawun Polkuamdee, Published on 21/12/2015
» Recap: Global stock markets moved sideways last week as sinking oil prices pushed down energy shares, and rebounded at the end of the week after the US Federal Reserve ended months of uncertainty by raising its benchmark interest rate by 25 basis points for the first time in nine years. Thai stocks were little changed despite sinking on Friday, pulled down by telecoms as prices for 4G licences headed for a world record.
Mers and air safety concerns push down SET
Business, Published on 22/06/2015
» Recap: Stock markets around the world rallied last week after the US Federal Reserve signalled that interest rates would rise more slowly than expected. However, the SET slid back below 1,500, led by tourism and aviation stocks, as Thailand reported its first case of Mers, and the International Civil Aviation Organization (ICAO) red-flagged the country for failing to address safety issues.
Wall street jumps but factory data a worry
Business, Published on 27/04/2015
» Recap: While US markets surged, many other global stock markets sagged in response to disappointing factory activity in China, Japan and the euro zone, and concerns over Greek debt. The same worries pushed down Thai stocks.
SET fails to advance despite surprise rate cut
Business, Published on 16/03/2015
» Recap: US and global stock markets climbed for most of last week, propelled by eased worries over a US rate increase following a report of disappointing retail sales in February. In the Thai stock market, the Bank of Thailand's unexpected move to cut its policy rate improved investors' risk appetite but stocks still failed to advance.
Quiet week for stocks ahead of Greek deal Deal
Business, Published on 23/02/2015
» Recap: Global stock markets shrugged off anxiety over Greece's debt problems before a resolution late Friday spurred Wall Street to new highs. With most markets in Asia closed for Lunar New Year, the Thai stock market fell slightly on profit-taking after failing to breach the resistance at 1,620 points.