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Search Result for “30 billion”

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BUSINESS

Weakness in europe keeps global equities subdued

Business, Published on 31/10/2016

» Recap: Global equities were affected by poor sentiment led by European stocks, which fell for the entire week on disappointing corporate results. The European Central Bank is expected to now consider further stimulus to spur the lacklustre euro zone. The US Federal Reserve, meanwhile, is seen as moving closer to raising interest rates as third-quarter GDP growth of 2.9% exceeded expectations.

BUSINESS

Set flirts with 1,600 as central banks stay busy

Business, Published on 01/12/2014

» Recap: China's surprise interest rate cut, the first in more than two years, and speculation about further stimulus by the European Central Bank (ECB) propelled the run-up in Asian stock markets last week. The buying spree in tax-saving equity funds as the year-end approaches buoyed the Thai bourse which briefly surpassed 1,600 points.

BUSINESS

ECB rate cut a tonic for emerging market stocks

Business, Published on 08/09/2014

» Recap: Asian shares were buoyed last week by speculation about asset reallocation to emerging markets after the European Central Bank (ECB) cut its policy rate to stave off deflation risk.

BUSINESS

SET up 5.56 points to 1,556.97

Published on 22/08/2014

» Thai stocks gained 0.3% on Friday in line with gains across Asia on optimism about the US economic recovery.