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Search Result for “global economy”

Showing 1 - 8 of 8

BUSINESS

SET up 0.2%, global markets cringe over trade war fears

Business, Published on 03/03/2018

» Recap: Global stock markets fell to two-week lows yesterday, with steelmakers taking a pounding after US President Donald Trump said he would impose hefty tariffs on imports of steel and aluminium, reviving fears of a trade war.

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BUSINESS

Share trade subdued after long-expected Fed move

Business, Published on 19/06/2017

» Recap: Asian stock markets traded cautiously earlier last week as investors awaited the US Federal Reserve's rate decision. A rout in US technology stocks later in the week also dampened market sentiment. The Thai stock market still moved in a rangebound trade amid a lack of positive news.

BUSINESS

Disappointment with Opec accord hits world equities

Business, Published on 29/05/2017

» Recap: Global equity markets retreated last week as a slump in crude prices triggered a sell-off in energy stocks after an Opec-led decision to extend output cuts fell short of expectations. However, markets rallied on Friday amid a consensus that the sell-off had been an overreaction. The energy-heavy Thai stock market started the week strongly in anticipation of good news from Opec, and offshore fund inflows helped to limit losses later.

BUSINESS

Worries about korea and france keep trade subdued

Business, Published on 24/04/2017

» Recap: Global stock markets were subdued earlier last week amid concerns over mounting geopolitical tension on the Korean peninsula and Sunday's first-round presidential election in France. However, sentiment for risk assets improved later as optimism spread about US tax reform. The Thai stock market moved back and forth amid a dearth of positive catalysts.

BUSINESS

Undersea cable plan axed

Business, Published on 17/09/2016

» The government has finally ordered the termination of the 5-billion-baht national submarine cable construction project after clearly proving that it violates the Budget Bureau's procurement rules.

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BUSINESS

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.

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BUSINESS

Uttama urges TOT, CAT reform

Business, Komsan Tortermvasana, Published on 12/10/2015

» The two telecom state enterprises must seriously reform themselves into a network sharing provider by aggregating telecom assets and developing an infrastructure pool to generate a new revenue stream after the end of the concession era, says the ICT Minister.

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THAILAND

Somkid steers a steady course

Business, Post Reporters, Published on 24/08/2015

» The new economic team under Somkid Jatusripitak is not likely to make a dramatic change to the government's direction.