Showing 1-5 of 5 results
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Singaporeans flock to Malaysia for bargains as dollar hits record high
Bloomberg News, Published on 08/02/2024
» SINGAPORE - Carman Lee is back in Ipoh, her hometown in northwestern Malaysia, after a seven-and-half hour bus ride from Singapore for the upcoming Lunar New Year. The Westin Singapore employee has another reason to celebrate this festive season: an all-time high local dollar that makes everything that much cheaper against the ringgit.
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Global tremors nag stocks
Business, Published on 27/10/2018
» Recap: Global stock markets continue to experience volatility as tensions over global trade and unsettled Brexit negotiations keep a lid on bullish sentiment. The recent decline in global oil prices has added pressure to bourses worldwide, with the Stock Exchange of Thailand's main gauge falling below 1,600 points during intra-day trading hours.
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Local sugar industry outlook neutral
Business, Published on 14/11/2019
» Tris Rating maintains a neutral outlook for the sugar industry in Thailand. We believe the sugar oversupply will persist, pressuring prices, but will lessen slightly in the coming year as supplies from major producing countries decline because of dry weather.
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Investors pause before Fed decision; oil woes persist
Business, Published on 12/06/2017
» Recap: Global stock markets moved cautiously last week as investors awaited the US Federal Reserve's policy rate decision this week. Falling oil prices amid concern over rising supply from the US and Nigeria also exacerbated market sentiment. The Thai stock market moved in a very tight range on a dearth of positive factors.
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Anxiety over Syria, North Korea keeps lid on stocks
Business, Published on 18/04/2017
» Recap: Asian stock indices were mixed last week as rising geopolitical risks from the US missile strike on Syria and soaring tensions on the Korean peninsula kept investors on edge. The same concerns lifted gold to five-month highs, while oil advanced amid confidence that Saudi Arabia will support an extension to Opec-led output cuts just as US stockpiles show signs of shrinking. The Thai stock market edged up, driven by buying in heavyweight energy stocks.
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