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Search Result for “30 billion”

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MOTORING

Auto sector reels from falling orders, soaring household debt

Reuters, Published on 25/09/2024

» Thailand's US$53 billion automobile industry is facing a grim future as highly indebted domestic consumers struggle to finance purchases and overseas buyers of its mainstay traditional vehicles increasingly switch to electric alternatives.

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BUSINESS

Thai-Chinese railway expected to yield stock gains

Business, Nuntawun Polkuamdee, Published on 20/06/2017

» The long-delayed Thai-Chinese high-speed railway line, soon to break ground after the invocation of Section 44 to clear technical and legal hurdles, is expected to help construction stocks outshine others this week.

BUSINESS

Disappointment with Opec accord hits world equities

Business, Published on 29/05/2017

» Recap: Global equity markets retreated last week as a slump in crude prices triggered a sell-off in energy stocks after an Opec-led decision to extend output cuts fell short of expectations. However, markets rallied on Friday amid a consensus that the sell-off had been an overreaction. The energy-heavy Thai stock market started the week strongly in anticipation of good news from Opec, and offshore fund inflows helped to limit losses later.

BUSINESS

Mixed Fed rate signals spook stock investors

Business, Nuntawun Polkuamdee, Published on 02/11/2015

» Recap: Global stock markets edged down last week after the US Federal Reserve suggested that an interest-rate increase was still possible before the end of this year. The news triggered a substantial sell-off by foreign investors in emerging markets in Asia.