Showing 1 - 7 of 7
Charter vote lifts set in good week for stocks
Business, Published on 15/08/2016
» Recap: Asian stock markets advanced last week, buoyed by a big gain in US jobs in July and a slowdown in the decline of Chinese producer prices. The Thai stock market rallied as investors' confidence in political stability improved after voters endorsed the draft constitution by a margin of 61% to 39% in the Aug 7 referendum. The SET was closed on Friday so there has been no market reaction yet to a series of deadly bombings that hit five southern provinces.
Stocks move upward as us rate-hike concerns ease
Business, Published on 11/07/2016
» Recap: US Federal Reserve minutes suggesting it is likely to refrain from raising interest rates anytime soon, and hopes of fresh stimulus from central banks pushed up stock markets last week. However, a sharp fall in oil prices on Thursday trimmed some gains before surprisingly good US jobs data sparked a rally on Friday. Thai shares extended their gains.
Stocks climb as prospects for fed rate hike recede
Business, Published on 06/06/2016
» Recap: Global stock markets rose last week as investors now believe the US Federal Reserve will not raise interest rates until July at the earliest, given concerns about the market impact of the June 23 UK referendum on EU membership. Poor US job figures for May also weakened the case for a rate hike. A recovery in oil prices also lifted sentiment. Thai shares advanced on buying of energy and bank blue chips.
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.
China worries hit stocks as blast deepens set pain
Business, Published on 24/08/2015
» Recap: A fresh Chinese equity rout triggered by weak manufacturing data and accelerating outflows, plunging oil prices and sabre-rattling between North and South Korea roiled stock markets across the world last week. The deadly bombing at the Erawan shrine in Bangkok further rattled nerves in Thailand, where stocks plunged well below 1,400 points.
Highest-paid CEOs work in the media
Business, Associated Press, Published on 28/05/2015
» NEW YORK: They're not Hollywood stars, they're not TV personalities and they don't play in a rock band, but their pay packages are in the same league.
Malaysia budget voter-friendly
AFP, Published on 28/09/2012
» Malaysian premier Najib Razak provided a fresh round of handouts Friday as he announced a voter-friendly budget for 2013 aimed at shoring up support ahead of what is predicted to be a tough election.