Showing 1 - 10 of 11
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.
FED decision to stand PAT helps revive Asian stocks
Business, Published on 21/09/2015
» Recap: A buying spree in Asian stocks, particularly emerging markets, preceded last week's US Federal Reserve meeting, in hopes the Fed would leave its benchmark interest rate untouched. The rally continued after the decision was confirmed on Friday.
All eyes on Fed next week as global shares steady
Business, Published on 24/07/2021
» Recap: Global stocks had a volatile week before picking up on Friday. The MSCI World Index steadied after three days of gains. The market is looking ahead to next week's Federal Reserve meeting after the European Central Bank pledged on Thursday to continue with heavy stimulus spending. Emerging markets and Asian shares slid, pressured by coronavirus worries.
Yuan’s slump puts Asia’s rate-cutting central banks on alert
Published on 05/08/2019
» China’s decision to weaken its currency amid an escalating trade war will put Asian central banks on the defensive as they gauge how much monetary-policy easing their economies can withstand.
Dovish tone from yellen heartens equity investors
Business, Published on 17/07/2017
» Recap: Most Asian stock markets gained last week as investors took their cue from another all-time closing high for the Dow Jones Industrial Average, while dovish comments from the Federal Reserve on the interest rate outlook also bolstered risk sentiment. Oil prices also rallied but the impact on the energy-heavy Thai bourse was limited.
China weakness and Trump vagueness hurt sentiment
Business, Published on 16/01/2017
» Recap: Asian stock markets were mixed last week as disappointing Chinese trade data dented already weak investor sentiment after US President-elect Donald Trump offered no details of his big-spending fiscal plans at his first news conference in months. Higher oil prices lifted Thai stock market sentiment.
Singapore economy falls in Q2
Published on 14/07/2015
» Singapore’s economy contracted more than analysts predicted last quarter, underscoring the weakening outlook for Asian nations amid sluggish global growth.
Stocks drift as investors await signals from yellen
Business, Published on 29/08/2016
» Recap: Softer oil prices depressed Asian stock markets last week as investors worldwide also awaited cues on interest rates from Federal Reserve Chair Janet Yellen. The Fed chief on Friday indicated conditions were almost right for a move but she did not say when. The Thai stock market moved in a limited range amid a lack of positive factors to drive activity.
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.
Global events set tone for choppy trading week
Business, Published on 11/08/2014
» Recap: Asian stock markets last week were jolted by renewed concerns over China's economic health and escalating tension in Ukraine. The Thai stock market was in a tug of war between profit-taking and buying on dips.