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Search Result for “Federal Reserve”

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BUSINESS

China worries hit stocks as blast deepens set pain

Business, Published on 24/08/2015

» Recap: A fresh Chinese equity rout triggered by weak manufacturing data and accelerating outflows, plunging oil prices and sabre-rattling between North and South Korea roiled stock markets across the world last week. The deadly bombing at the Erawan shrine in Bangkok further rattled nerves in Thailand, where stocks plunged well below 1,400 points.

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BUSINESS

Politics key to growth, warns ADB

Business, Published on 07/05/2015

» BAKU: Local politics and external uncertainties are the major threats to Thailand's economic growth, but the Asian Development Bank (ADB) is maintaining its 2015 growth forecast at 3.6% on the expectation that exports will gain pace.

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BUSINESS

SET drifts as global stocks rise on Greek relief

Business, Published on 02/03/2015

» Recap: Greece's bailout extension propelled global stock markets, with some hitting multi-year records. However, investors in the Thai stock market shrugged off the positive news and jumped on the sell-off bandwagon on disappointing earnings.

BUSINESS

Bay causes local ripples as global markets drift

Business, Published on 02/02/2015

» Recap: Wild swings in Bank of Ayudhya (BAY), among the top five in trading turnover amid rumours of delisting, caused ripples in the Thai market last week. World markets drifted lower on persistent concerns about weaker economic growth.

BUSINESS

Set tracks global moves linked to jobs and oil

Business, Published on 12/01/2015

» Recap: Crude oil prices, which slipped to below $50 a barrel, jolted global stock markets early last week before equities revived on upbeat US jobs data. The Thai stock market also tracked the global market's direction.

BUSINESS

Asian markets boosted by US data

Published on 08/01/2015

» HONG KONG — Asian equity markets mostly rallied Thursday on strong US data and expectations for fresh eurozone stimulus measures, while oil prices gave up early gains to resume their downward trend after a surge in New York.

BUSINESS

Shanghai leads Asia markets

Published on 05/01/2015

» HONG KONG — Shanghai shares began the new year the same way they ended 2014, surging almost 4% Monday, while the euro touched an almost nine-year low against the dollar on expectations of fresh European Central Bank (ECB) stimulus.

BUSINESS

Asian shares mixed, oil prices tumble

Published on 12/12/2014

» HONG KONG — Asian markets were mixed Friday at the end of a painful week for global shares, as strong US retail sales lifted spirits and Wall Street, while China released another batch of data indicating weakness in the world's number two economy.

BUSINESS

Asian markets extend gains

Published on 04/12/2014

» HONG KONG — Asian markets rallied for a third straight day Thursday following another record close on Wall St, as investors cheered an upbeat report on the economy from the US central bank.

BUSINESS

Asian stocks climb after China rate cut

Published on 24/11/2014

» HONG KONG — Asian markets rallied Monday after China's surprise move last week to cut interest rates for the first time in more than two years as its leaders try to strengthen growth.