Showing 1 - 3 of 3
Business, Published on 13/03/2017
» Recap: The near-certainty of a US Federal Reserve interest-rate increase this week prompted capital flight across Asia last week. With the US dollar strengthening, gold briefly fell below $1,200 an ounce in its worst week in four months, and oil also suffered a sharp sell-off.
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, Published on 23/01/2017
» Recap: Donald Trump's comment that the US dollar was too strong and blunting the country's competitiveness rattled global stock markets last week, as did fears over the impact of a "hard Brexit" as outlined by British PM Theresa May. As well, confusion about Mr Trump's political and economic agenda made investors step back from risky assets ahead of his inauguration on Friday. The Thai stock market tracked the global trend, but the magnitude of its fall was limited.