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BUSINESS

Asian equities dip as Fed signals imminent rate hike

Business, Published on 27/02/2017

» Recap: While the Dow Jones set fresh records before slipping on Friday, Asian stock markets retreated as investors reassessed the minutes of the Federal Reserve's last policy meeting, which kept the prospect of a March interest-rate increase in play. The Thai stock market tracked regional bourses in muted trade.

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.

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THAILAND

VietJet joins busy Chiang Mai-Bangkok route

Business, Boonsong Kositchotethana, Published on 28/09/2016

» Combined aircraft capacity between Bangkok and Chiang Mai was further boosted on Monday when low-cost carrier Thai VietJet launched regular services on the busy route.

BUSINESS

Rate cuts, stimulus moves help propel global stocks

Business, Published on 08/08/2016

» Recap: An interest-rate cut and new quantitative easing plans by the Bank of England, along with additional stimulus in Japan, helped propel global stock markets last week. In the US, stocks jumped on Friday in response to healthy employment data, which helped offset a weak manufacturing report earlier.

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THAILAND

Phuket terminal nearly finished

Business, Boonsong Kositchotethana, Published on 09/06/2016

» The new passenger terminal at the congested Phuket airport is not expected to be completed until September this year, about three months behind schedule.

BUSINESS

Bafs continues to fuel aviation industry's growth

Business, ShareInvestor, Published on 12/02/2016

» BAFS was founded in 1983 under a cabinet resolution to set up an integrated fuel facility for Don Mueang airport.

BUSINESS

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.

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THAILAND

Industry call to ban new flights at Suvarnabhumi

Business, Boonsong Kositchotethana, Published on 19/10/2015

» The aviation industry is calling for a ban on new flights operating through Suvarnabhumi airport to prevent further congestion.

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BUSINESS

Stocks suffer from Yuan shock before late rally

Business, Published on 17/08/2015

» Recap: The move by China's central bank to devalue the yuan by adjusting its reference rate sent the currency down 4.6% and sent shockwaves through global financial markets. The Thai stock market slipped below 1,400 on Thursday before a bargain-hunting rally on Friday.

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BUSINESS

Set slides below 1,500 on weak earnings outlook

Business, Darana Chudasri, Published on 01/06/2015

» Recap: Anxiety over a potential Greek debt default and tightening margin trading requirements for Chinese brokers rattled Asian stock markets last week. Gloomy earnings prospects and the Thai economic slowdown pulled the local bourse below 1,500 points.