Showing 21 - 30 of 38
Charter vote lifts set in good week for stocks
Business, Published on 15/08/2016
» Recap: Asian stock markets advanced last week, buoyed by a big gain in US jobs in July and a slowdown in the decline of Chinese producer prices. The Thai stock market rallied as investors' confidence in political stability improved after voters endorsed the draft constitution by a margin of 61% to 39% in the Aug 7 referendum. The SET was closed on Friday so there has been no market reaction yet to a series of deadly bombings that hit five southern provinces.
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.
Bank worries depress set as global stocks advance
Business, Published on 20/07/2015
» Recap: Most global stock markets climbed last week after Greek MPs approved austerity measures in exchange for a new bailout, and China's second-quarter economic growth beat forecasts. The Thai market, however, struggled as investors weighed the prospect of higher loan-loss provisions taking a bite out of banks' second-quarter earnings.
Greek drama and Chinese rout push shares down
Business, Published on 06/07/2015
» Recap: Greece's debt default weighed on global stock markets last week ahead of yesterday's referendum. The start of this week promises to be choppy as US investors return from a long weekend and markets weigh the results of the Greek vote.
For Thai banks, partnerships expand reach at low risk
Asia focus, Umesh Pandey, Published on 01/06/2015
» As global banking giants go on a slimming spree and regional banks in Asean say their size is appropriate, banks in Thailand are likely to continue their current strategy of servicing customers via partnerships and opening branches in some neighbouring countries.
Staying in shape
Asia focus, Umesh Pandey, Published on 01/06/2015
» Asian banks remain healthy and have managed to avoid the ongoing problems faced by some multinationals that have been divesting assets left, right and centre, say some of the region's top finance executives.
Most talked-about stories of 2014
Business, Post Reporters, Published on 26/12/2014
» Historically, 2014 will go down as another disappointing year for most, as the Thai economy continued to suffer amid political uncertainty, policy questions and weak global growth.
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.
A robber in pink
Terry Fredrickson, Published on 19/06/2013
» A pink raincoat is not the normal choice for a robber, but this was no ordinary thief. Not only did he steal 2200 baht from a Phuket convenience store on Tuesday, but returned minutes later leaving a 10-baht coin on the counter.
Baht climbs, bonds steady
Published on 13/06/2012
» Thailand's baht advanced as regional data released on Wednesday bolstered confidence Asian economies will sustain growth amid Europe's debt crisis. Government bonds were steady.