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BUSINESS

Set sheds another 2.2% as Asian sentiment subdued

Business, Published on 07/12/2015

» Recap: Asian stocks retreated last week, weighed down by negative factors including downbeat Chinese factory data, signals from Federal Reserve Chair Janet Yellen that an interest-rate increase this month is all but certain, and the smaller-than-expected scale of new stimulus by the European Central Bank. In Thailand, rumours in social media that the European Union (EU) had imposed sanctions against the country triggered panic selling.

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BUSINESS

PSL expansion gets mixed reviews in soft market

Asia focus, Nareerat Wiriyapong, Published on 20/04/2015

» Precious Shipping Plc (PSL) is looking to raise more than 2 billion baht from shareholders to help fund fleet expansion, but some analysts question the strategy given the weak outlook for the shipping industry.