Showing 51 - 60 of 106
Stocks rally strongly as fed dials back rate hikes
Business, Published on 21/03/2016
» Recap: Global stock markets rallied, propelled by the US Federal Reserve's dovish stance on its policy rate direction. However, the Thai stock market recorded its first weekly loss since Feb 12 as profit-taking capped gains.
Oil rout, China weakness-keep-stocks-on-back-foot
Business, Published on 18/01/2016
» Recap: Asian stock markets swung back and forth last week but brief rebounds proved unsustainable in the face of dire economic news. Oil prices sank to a 12-year low below US$30 per barrel as investors worried about the health of the global economy, while the slowdown in China and volatility in its markets continued to make for a nervous start to the year. The Thai stock market had a similarly wild ride, tracking the regional bourses.
Global shares sink in bad case of China syndrome
Business, Published on 11/01/2016
» Recap: The new year got off to a miserable start as China suspended share trading twice, the yuan slid to a five-year low, and weak manufacturing and services data in the world's second-largest economy rattled traders everywhere including Thailand.
Asian shares rise but 4G cost concerns hit set
Business, Published on 28/12/2015
» Recap: A Wall Street rally propelled by consumer sentiment at a five-month high in December gave a boost to most Asian stock markets. However, concerns over expensive 4G licences in Thailand triggered a sharp sell-off in telecom stocks and battered the SET index. Lower oil prices also put pressure on the local bourse.
Good week for stocks as concerns EASE about fed
Business, Published on 23/11/2015
» Recap: The deadly attacks in Paris and minutes of the October Federal Reserve meeting, which appeared to point to a December interest-rate increase, rattled global stock markets early last week. However, investors went on a buying spree later as they took a deeper look at the Fed minutes and concluded any action would be gradual. Better-than-expected GDP data for Thailand in the third quarter also lent some support to Thai shares.
China and Fed set tone as global shares head south
Business, Published on 16/11/2015
» Recap: Downbeat data out of China and the growing possibility of a US Federal Reserve interest-rate increase jolted global stock markets last week. The costly 1800-megahertz spectrum auction and softer oil prices also weighed on the Thai stock market.
Stocks Gain as US job market roars back
Business, Nuntawun Polkuamdee, Published on 09/11/2015
» Recap: Global stock markets moved up at the end of the week as US jobs data showed a bigger-than-expected rise in non-farm payrolls in October after two months of weakness. As well, a drop in the unemployment rate to 5% increased the likelihood that the Federal Reserve will raise interest rates next month for the first time in almost a decade. The Thai market also advanced.
Mixed Fed rate signals spook stock investors
Business, Nuntawun Polkuamdee, Published on 02/11/2015
» Recap: Global stock markets edged down last week after the US Federal Reserve suggested that an interest-rate increase was still possible before the end of this year. The news triggered a substantial sell-off by foreign investors in emerging markets in Asia.
Stocks advance as chances of US rate hike recede
Business, Published on 19/10/2015
» Recap: Global stock markets rallied last week on receding prospects for the first interest rate increase since 2006 by the US Federal Reserve amid signs of global economic weakness. Capital inflows to emerging markets including Thailand have also lifted their currencies against the dollar.
Emerging markets gain as US rate worries recede
Business, Published on 12/10/2015
» Recap: Disappointing US jobs data and minutes of the September Federal Reserve meeting triggered speculation that US interest rates will not rise until sometime next year, prompting capital flight back to emerging markets last week. Thai shares surged past 1,400 points, a level not seen since August.