Showing 1 - 10 of 17
Asian markets retreat ahead of Powell speech
Business, Nuntawun Polkuamdee, Published on 26/08/2023
» RECAP: A mini-rally on most Asian markets came to a halt yesterday ahead of a keenly awaited speech by US Federal Reserve chief Jerome Powell at around 9pm Thailand time, with traders increasingly worried about higher US interest rates.
Asian shares follow Wall Street downward
Business, Nuntawun Polkuamdee, Published on 01/10/2022
» RECAP: Stocks fell in most Asian markets yesterday after another plunge on Wall Street as the prospect of higher interest rates and turmoil in Europe stoked fears of a global recession.
Covid, China worries and Fed keep shares in check
Business, Nuntawun Polkuamdee, Published on 21/08/2021
» Recap: Global shares fell for the fifth straight day yesterday as investors fretted about the spread of the Delta coronavirus variant, slowing Chinese growth and the timing of Federal Reserve stimulus reduction. The US dollar continued to rise as a safe haven after hitting nine-month high on Thursday.
Covid and China crackdown sap regional confidence
Business, Nuntawun Polkuamdee, Published on 14/08/2021
» Recap: Emerging market shares slid 0.8% yesterday as worries about a widening regulatory crackdown in China and surges in Covid-19 cases sapped investor confidence. But European stocks hit new highs and were on track for their fourth consecutive week of gains on the prospect of more forecast-beating corporate earnings and a steady recovery from the pandemic-induced downturn.
Gold furthers record-high winning streak
Business, Nuntawun Polkuamdee, Published on 06/08/2020
» The price of domestic gold continues to reach all-time highs as prices quoted in US dollars surge past US$2,000 an ounce, with month-to-date online gold futures logging heavy trading volume.
Investors hold their breath
Business, Nuntawun Polkuamdee, Published on 20/07/2020
» Confidence in the rapid development of a Covid-19 vaccine is making some investors bullish on stock prices for the second half of the year, while other analysts warn of turbulence and volatility ahead and suggest playing a defensive investment strategy.
Tisco: Potential US-Iran escalation raises oil prices
Business, Nuntawun Polkuamdee, Published on 08/01/2020
» Possible escalations in the US-Iran geopolitical conflict could push up oil prices to US$70 per barrel, subsequently adding to downside risk for a further global economic slowdown, said Tisco's Economic Strategy Unit.
UOBAM pushes low-risk assets
Business, Nuntawun Polkuamdee, Published on 20/06/2019
» With the Sino-US trade dispute aggravating the global economic slowdown, investment in low-risk assets is the recommended strategy to shield against recurring financial volatility, says UOB Asset Management (UOBAM).
SET trips on US-China fears, foreigners flee
Business, Nuntawun Polkuamdee, Published on 09/05/2019
» Thai shares plunged almost 1% on Wednesday as the sell-off continued on lingering fears of an escalation in the US-China tariff spat.
ASP: Expect busy foreign movement
Business, Nuntawun Polkuamdee, Published on 02/10/2018
» Foreign investors are expected to switch between buying and selling domestic equities this month as there is a clearer impact from the Sino-US trade row, says Asia Plus Securities (ASP).