Showing 1 - 10 of 35
More baht depreciation
Business, Nareerat Wiriyapong, Published on 20/03/2024
» The baht is expected to slide further after falling below 36 to the US dollar on Tuesday as the Bank of Japan opted to hike the interest rate for the first time in 17 years, which failed to help Asian currencies.
Global economic and investment outlook for 2023
Business, Published on 24/12/2022
» Looking at the global economy as we prepare to enter 2003, three observations stand out:
Biggest currency rout since 1997 puts Asia central banks in bind
Published on 29/06/2022
» The surge in the dollar has set Asian currencies on course for their worst quarter since 1997 and created a dilemma for central bankers.
Growth forecast cut, Iran cases surge by 50%: Virus update
Published on 02/03/2020
» Iran reported a 50% increase in coronavirus infections, while New York City, Brussels, Berlin and Indonesia all reported their first cases. New cases were reported in Thailand and across the US. Hard-hit South Korea saw its total climb past 4,200.
Global tremors nag stocks
Business, Published on 27/10/2018
» Recap: Global stock markets continue to experience volatility as tensions over global trade and unsettled Brexit negotiations keep a lid on bullish sentiment. The recent decline in global oil prices has added pressure to bourses worldwide, with the Stock Exchange of Thailand's main gauge falling below 1,600 points during intra-day trading hours.
Share investors tread cautiously ahead of Fed meeting
Business, Published on 24/07/2017
» Recap: Most global stock markets moved sideways last week as investors kept an eye on the US interest rate outlook ahead of a Federal Reserve meeting this week, though most observers do not expect any move until September.
Dovish tone from yellen heartens equity investors
Business, Published on 17/07/2017
» Recap: Most Asian stock markets gained last week as investors took their cue from another all-time closing high for the Dow Jones Industrial Average, while dovish comments from the Federal Reserve on the interest rate outlook also bolstered risk sentiment. Oil prices also rallied but the impact on the energy-heavy Thai bourse was limited.
Talk of end to easy money keeps stocks subdued
Business, Published on 03/07/2017
» Recap: Hawkish comments from central banks signalling that the era of cheap money was coming to an end depressed global stock markets last week, while upbeat Chinese manufacturing data failed to bolster sentiment. Profit-taking erased early gains on anticipation of window-dressing at the end of the second quarter and sent the Thai stock market lower.
Investors pause before Fed decision; oil woes persist
Business, Published on 12/06/2017
» Recap: Global stock markets moved cautiously last week as investors awaited the US Federal Reserve's policy rate decision this week. Falling oil prices amid concern over rising supply from the US and Nigeria also exacerbated market sentiment. The Thai stock market moved in a very tight range on a dearth of positive factors.
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.