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BUSINESS

Asian shares advance as oil prices retreat

Business, Nuntawun Polkuamdee, Published on 06/08/2022

» RECAP: Asian equities mostly rose yesterday as a drop in oil prices to pre-Ukraine war levels stirred hopes of a slowdown in inflation and bank interest-rate hikes. But while global markets have enjoyed a broadly positive week, recession worries and Chinese military drills around Taiwan have traders' nerves on edge.

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BUSINESS

BoT eyes higher bank capital reserves

Business, Somruedi Banchongduang, Published on 25/03/2022

» The business groups of commercial banks planning to invest in digital asset businesses will have to keep sufficient capital reserves to handle possible risk, according to the central bank.

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BUSINESS

Oil, war, pandemic: Economic costs mount

Business, Published on 14/03/2022

» The Russian invasion of Ukraine is sending economic shockwaves around the globe with crude oil prices at one point reaching US$130 per barrel, hitting businesses already reeling from tepid consumption caused by the Covid-19 pandemic.

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BUSINESS

Central bank plans steps to curb strong baht

Reuters, Published on 10/10/2019

» Thailand is not in recession but growing below potential and the central bank is ready to take action if needed, while there are also plans for further measures to curb the baht's strength, central bank and government officials said on Thursday.

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BUSINESS

Seeking a balance

Asia focus, Erich Parpart, Published on 01/10/2018

» As returns in Australia, Hong Kong, Japan and New Zealand shrink in the face of high demand and increased restrictions, real-estate investors in Asia are looking for new places to go, with Malaysia and Thailand among their targets.

BUSINESS

SET rises above global turmoil on election optimism

Business, Nuntawun Polkuamdee, Published on 19/09/2018

» The Stock Exchange of Thailand's resilience against external headwinds continued yesterday, with the SET index rising by 26 points, buoyed by clearer developments in the country's general election.

BUSINESS

Global shares follow wall street upward

Business, Published on 20/02/2017

» Recap: Wall Street's record highs spurred other stock markets globally early last week. President Donald Trump's comment that his administration would soon unveil a "phenomenal "tax policy spurred the rally in stocks, the dollar and emerging-market assets. Federal Reserve chair Janet Yellen's upbeat assessment of the US outlook and hints at a March interest-rate increase also bolstered investor risk sentiment.

BUSINESS

Trump tantrums keep traders on edge, SET dips

Business, Nuntawun Polkuamdee, Published on 06/02/2017

» Recap: World stock markets retreated as investors shied away from riskier assets over renewed concerns about US President Donald Trump's controversial ban on refugees and travellers from seven Muslim-majority countries and protectionist rhetoric that fanned fears of a global trade war. Buying ahead of corporate earnings releases and hopes for dividend payments cushioned the Thai stock market against a steep fall.

BUSINESS

Investors hedge bets as us presidential race tightens

Business, Published on 07/11/2016

» Recap: Global stocks were sold off last week as investors shunned riskier assets ahead of this week's US presidential election, as opinion polls showed the race between Hillary Clinton and Donald Trump narrowing.

BUSINESS

Oil rout drags down shares ahead of fed talks

Business, Published on 19/09/2016

» Recap: Global stock markets plunged last week as investors cashed out ahead of this week's much-awaited US Federal Reserve meeting. Worries over the oil glut also triggered selling of energy stocks, but the Thai market picked up following a recent steep fall.