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Search Result for “economy”

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BUSINESS

China rate cut spurs stocks but set struggles

Business, Nuntawun Polkuamdee, Published on 18/05/2015

» Recap: China's interest-rate cut by 25 basis points, the third in six months, propelled Asian stock markets early last week. However, sentiment turned sour amid renewed worries over the world's second largest economy following weak economic data, and Greece's precarious finances.

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BUSINESS

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.

BUSINESS

Cautious tone from fed gives big lift to stocks

Business, Nuntawun Polkuamdee, Published on 04/04/2016

» Recap: The cautious tone of Federal Reserve Chair Janet Yellen's comments on the global economy that lessened prospects for a US interest-rate increase triggered a global stock market rally last week. Positive investor response to her views also pushed the Thai stock market back above 1,400 points.

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BUSINESS

GuildFi is playing a serious game

Business, Nuntawun Polkuamdee, Published on 11/12/2021

» Among the myriad emerging digital products and forms of value creation powered by rapid advancements in financial technologies, Web 3.0 and the metaverse are play-to-earn (P2E) games that allow players to earn non-fungible tokens (NFTs) or other digital coins and trade them on a marketplace.

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BUSINESS

SET reacts happily to news as Asean shares sag

Business, Nuntawun Polkuamdee, Published on 24/01/2019

» Thailand's stock market reacted positively to the Election Commission (EC) announcement scheduling the general election on March 24, bucking a regional sell-off trend seen across Asean.

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BUSINESS

Go to Europe, real estate investors told

Business, Nuntawun Polkuamdee, Published on 18/07/2017

» Investors have shown greater interest in having real estate make up more of their portfolios in recent years, with international diversification of this asset class another rising trend, a bank executive said yesterday.

BUSINESS

Trump tantrums keep traders on edge, SET dips

Business, Nuntawun Polkuamdee, Published on 06/02/2017

» Recap: World stock markets retreated as investors shied away from riskier assets over renewed concerns about US President Donald Trump's controversial ban on refugees and travellers from seven Muslim-majority countries and protectionist rhetoric that fanned fears of a global trade war. Buying ahead of corporate earnings releases and hopes for dividend payments cushioned the Thai stock market against a steep fall.

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BUSINESS

Terror in Spain, turmoil in Washington dent stocks

Business, Nuntawun Polkuamdee, Published on 21/08/2017

» Recap: US political instability and a terrorist attack in Spain put pressure on global stock markets, with Wall Street hitting a three-month low and European and Asian bourses also sinking, though Thailand managed a small gain.

BUSINESS

Set pushes above 1,500 as oil rally buoys equities

Business, Nuntawun Polkuamdee, Published on 10/10/2016

» Recap: Asian stock markets climbed as signs of strength in the United States bolstered demand for riskier investments. Higher oil prices also helped propel bourses. Risk-on sentiment and speculation about better third-quarter earnings buoyed the Thai stock market.

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BUSINESS

Bank: Peace draws foreign investors

Business, Nuntawun Polkuamdee, Published on 05/09/2016

» The military-ruled government has not hampered foreign investor enthusiasm as the former has brought peace to the country and led to reforms and big-ticket infrastructure investments, says the head for Thailand of Bank of America Merrill Lynch.