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Chinese share plunge and fed keep traders on edge
Business, Published on 03/08/2015
» Recap: Another plunge in Chinese stocks and a growing belief that the US will start raising interest rates in September pushed down global bourses before a recovery late in the week. Asian currencies also sank against the greenback with the Thai baht slipping below 35 to a 14-year low. The SET fell close to 1,400 before a rally led by buying of blue chips that had become bargains.
Upbeat global mood helps keep set in black
Business, Published on 22/09/2014
» Recap: Asian stock markets advanced early last week on speculation that China will introduce monetary stimulus measures, but stocks pulled back after the US Federal Reserve surprisingly increased its estimate for its benchmark interest rate by the end of 2015. However, persistent offshore fund inflows helped the Thai market trade in positive territory.