Showing 1 - 9 of 9
Fragile, uneven recovery
Asia focus, Nareerat Wiriyapong, Published on 24/01/2022
» The world has entered 2022 facing numerous uncertainties. After two years of fighting the coronavirus pandemic, the emergence of the Omicron variant now poses challenges to economies even in countries where vaccination rates are high.
Stuck in neutral
Asia focus, Published on 27/01/2020
» Amid ongoing uncertainties including trade tariffs and geopolitical tensions, global economic growth prospects look dim for 2020, partly due to a disappointing performance in major Asian economies.
Bangkok Bank takes over StanChart’s Permata for $2.7bn
Published on 12/12/2019
» Bangkok Bank Plc agreed to buy 89.1% of Indonesia’s PT Bank Permata for about US$2.7 billion in the first major purchase of an overseas lender by a Thai bank.
Syria and Trump-Xi talks keep investors on sidelines
Business, Published on 10/04/2017
» Recap: Markets were rattled late last week after US cruise missiles struck a Syrian air base, while global investors moved to the sidelines pending the outcome of talks between US President Donald Trump and Chinese President Xi Jinping. Safe-haven assets such as the yen and gold soared and oil prices also surged. The formal promulgation of the country's 20th constitution, ensuring an election sometime late next year, helped keep the Thai stock market in a rangebound trade.
Global shares mixed, Set has worst week of year
Business, Published on 12/09/2016
» Recap: Global stock markets rallied last week, propelled by fading prospects for a US rate increase this month and upbeat Chinese import data. However, markets sank on Friday after North Korea reported a nuclear test and a senior Federal Reserve official said waiting much longer to raise rates could hurt the US recovery.
Palm oil revival
Asia focus, Nareerat Wiriyapong, Published on 11/01/2016
» Asean palm oil producers are poised to benefit from a price rebound that could be sustained throughout 2016, as dry conditions linked to El Nino curb palm production while demand surges from fuel producers for palm-based biodiesel.
Indonesia needs to shift to a new gear
Asia focus, Wanant Kerdchuen, Published on 04/01/2016
» Indonesia in 2016 could face another bumpy ride as economic reforms have yet to bear fruit. However, Finance Minister Bambang Brodjonegoro is confident that Southeast Asia's biggest economy has what it takes to take advantage of Asean economic integration.
Rupiah leads Asia weekly gains
Bloomberg News, Published on 18/10/2014
» HONG KONG/JAKARTA — Indonesia’s rupiah and the South Korean won led gains in Asian currencies this week as investors pushed back bets for higher US interest rates, reducing demand for the greenback.
Central banks to discuss interest rates
Published on 11/06/2012
» Central banks in Southeast Asia's two largest economies meet to set interest rates this week, with officials forecast to hold off on stimulus days before a Greek election at risk of triggering a deeper European turmoil.