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BUSINESS

Asian shares advance as oil prices retreat

Business, Nuntawun Polkuamdee, Published on 06/08/2022

» RECAP: Asian equities mostly rose yesterday as a drop in oil prices to pre-Ukraine war levels stirred hopes of a slowdown in inflation and bank interest-rate hikes. But while global markets have enjoyed a broadly positive week, recession worries and Chinese military drills around Taiwan have traders' nerves on edge.

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BUSINESS

Terror in Spain, turmoil in Washington dent stocks

Business, Nuntawun Polkuamdee, Published on 21/08/2017

» Recap: US political instability and a terrorist attack in Spain put pressure on global stock markets, with Wall Street hitting a three-month low and European and Asian bourses also sinking, though Thailand managed a small gain.

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

Equities wobble, Oil and gold slump as fed move draws near

Business, Published on 13/03/2017

» Recap: The near-certainty of a US Federal Reserve interest-rate increase this week prompted capital flight across Asia last week. With the US dollar strengthening, gold briefly fell below $1,200 an ounce in its worst week in four months, and oil also suffered a sharp sell-off.

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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.

WORLD

Suu Kyi pledges to help refugees

Achara Ashayagachat, Published on 02/06/2012

» MAE SOT -- While thanking Thai authorities for taking care of refugees from Myanmar for decades, Aung San Suu Kyi vowed on Saturday to do all she could to help them leave.

ADVANCED NEWS

Hide the government debt? (like Greece)

Jon Fernquest, Published on 20/01/2012

» Heed central bank & international financial markets warns outgoing Finance Minister Thirachai (former central banker & securities regulator).