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BUSINESS

PSL expansion gets mixed reviews in soft market

Asia focus, Nareerat Wiriyapong, Published on 20/04/2015

» Precious Shipping Plc (PSL) is looking to raise more than 2 billion baht from shareholders to help fund fleet expansion, but some analysts question the strategy given the weak outlook for the shipping industry.

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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.

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BUSINESS

Asia markets up on Ukraine deal

Published on 13/02/2015

» HONG KONG — Asian markets mostly rose Friday after European leaders and Russia agreed a plan to end Ukraine's 10-month war, while confidence Greece would reach a debt overhaul deal with its creditors boosted the euro against the dollar.

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BUSINESS

Asian markets jittery over Greece woes

Published on 05/02/2015

» HONG KONG — Concerns about Greece's plans to renegotiate its bailout rattled Asian markets Thursday and put pressure on the euro, while Shanghai and Hong Kong reversed early gains despite China cutting the amount of funds banks must hold in reserve.

BUSINESS

Asia markets mostly up

Published on 19/01/2015

» HONG KONG — Asian stock markets mostly rose Monday following a rally on Wall Street and a strong pick-up in oil prices, but Shanghai plunged almost 8% after regulators punished three major brokerages for rule violations.

BUSINESS

Swiss surprise caps volatile trading week

Business, Published on 19/01/2015

» Recap: Global bourses felt strong selling pressure from the downward spiral of oil prices and the unexpected scrapping of a cap on the Swiss franc against euro, before staging a relief rally on Friday.

BUSINESS

Oil prices hurt Asia markets

Published on 14/01/2015

» HONG KONG — Oil prices fell further Wednesday, heading to six-year lows, while crude's weakness continues to test investor confidence, pushing the yen up and weighing on Asian equities.

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.