Showing 1 - 8 of 8
Disappointment with Opec accord hits world equities
Business, Published on 29/05/2017
» Recap: Global equity markets retreated last week as a slump in crude prices triggered a sell-off in energy stocks after an Opec-led decision to extend output cuts fell short of expectations. However, markets rallied on Friday amid a consensus that the sell-off had been an overreaction. The energy-heavy Thai stock market started the week strongly in anticipation of good news from Opec, and offshore fund inflows helped to limit losses later.
China and Fed set tone as global shares head south
Business, Published on 16/11/2015
» Recap: Downbeat data out of China and the growing possibility of a US Federal Reserve interest-rate increase jolted global stock markets last week. The costly 1800-megahertz spectrum auction and softer oil prices also weighed on the Thai stock market.
Gains in oil and fall in Dollar lift Asian shares
Business, Published on 20/04/2015
» Recap: Asian stock markets, especially China, Korea, Hong Kong and Malaysia, marched upward in response to an oil price recovery and hopes that the US Federal Reserve will delay its rate increase in light of weaker US economic data. A buying spree in energy shares also pushed up the Thai stock market in the shortened week after the long Songkran holiday.
SET drifts as global stocks rise on Greek relief
Business, Published on 02/03/2015
» Recap: Greece's bailout extension propelled global stock markets, with some hitting multi-year records. However, investors in the Thai stock market shrugged off the positive news and jumped on the sell-off bandwagon on disappointing earnings.
China worries keep lid on global equity gains
Business, Published on 25/08/2014
» Recap: Asian stock markets marched up early last week amid eased concerns over a Russia-Ukraine confrontation and upbeat US economic readings, but a sell-off kicked in on renewed concerns over China's economy after tepid manufacturing figures were released. The Thai stock market stayed firmly above the resistance of 1,550 points on hopes that the economy will recover now that NCPO leader Gen Prayuth Chan-ocha has been chosen as the new prime minister.
Don Mueang reopens for business
Terry Fredrickson, Published on 02/10/2012
» It almost looked like the good old days at Bangkok's Don Mueang airport yesterday as it reopened for business after renovations following last year's heavy flood damage.
Global airline industry: Unprofitable
Jon Fernquest, Published on 13/02/2012
» Thai Airways will lose money this year like many other airlines, only the 2nd time in its 51-year history. Airlines are rarely very profitable businesses.
Young girls only, please
Jon Fernquest, Published on 07/09/2011
» Hiring only "beautiful girls with nice personalities" in their early 20s, budget airline Nok Air seeks to "rejuvenate brand image" & "improve service efficiency."