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Search Result for “currency”

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BUSINESS

ACMECS meeting aims for strengthened ties

Business, Lamonphet Apisitniran, Published on 14/06/2018

» The Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) aims to strengthen ties between countries in the Mekong Delta by reducing economic barriers to cooperation.

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BUSINESS

Late rally dispels gloom from weak Chinese GDP

Business, Published on 26/10/2015

» Recap: Global stock markets rallied late last week after the European Central Bank hinted at more stimulus and some top US corporations reported healthy earnings. The mood had been downbeat earlier after China reported third-quarter GDP growth below 7% for the first time since the 2008 global crisis. However, investors remain cautious ahead of this week's US Federal Reserve meeting.

BUSINESS

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.

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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.