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Search Result for “buoys”

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BUSINESS

Investors cheer central banks, Jasmine buoys set

Business, Published on 26/09/2016

» Recap: The US Federal Reserve's less-hawkish view on the pace of interest-rate increases, coupled with policy tweaks by the Bank of Japan, buoyed global stock markets last week. The Thai bourse tracked global movements before profit-taking set in on Friday, while a huge tender offer for Jasmine International (JAS) shares also created a bounce.

BUSINESS

Rate cut buoys set ahead of holiday as global stocks drift

Business, Nuntawun Polkuamdee, Published on 04/05/2015

» Recap: Global bourses moved mostly lower in response to disappointing US economic data and despite Federal Reserve signals that interest rates would not rise anytime soon. In Thailand, the SET rebounded on Thursday after the Bank of Thailand surprised the market by cutting its policy rate by 25 basis points to 1.50%.