Showing 1 - 6 of 6
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.
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.
Australians vote for change
Published on 07/09/2013
» SYDNEY - Conservative challenger Tony Abbott declared Australia "under new management" on Saturday after Prime Minister Kevin Rudd conceded election defeat and said he would step down as Labor leader.
Rice eating hole in budget, swells bank spread
Published on 16/08/2013
» The rising burden of the rice-buying programme has undermined demand for bonds issued by the Bank for Agriculture and Agricultural Cooperatives (BAAC).
Cyprus approves capital controls
Bloomberg News, Published on 23/03/2013
» Cypriot lawmakers have approved capital controls and legislation to wind down banks as they scrambled to secure a bailout and avert a financial collapse.
Top banks downgraded
Published on 22/06/2012
» WASHINGTON - The health of 15 of the world's largest financial institutions has been called into serious question after Moody's downgraded their credit ratings, citing risk exposure and the eurozone crisis.