Showing 1-10 of 12 results
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5G and the global power equation
Business, Published on 11/01/2019
» 5G technology is already powering breakthroughs such as driverless cars and will underpin life-changing advances in futuristic smart cities over the next decade. This has led to fierce competition between countries to determine the direction of 5G mobile internet standards.
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Investors heartened as fed ends rate suspense
Business, Published on 20/03/2017
» Recap: Investors were treading cautiously ahead of last week's US Federal Reserve meeting when the US central bank raised its benchmark interest rate as expected, but their appetite improved after Chair Janet Yellen's comments suggested a more gradual pace of monetary tightening this year. The Thai stock market joined the global rally as the wild swings in trade of Group Lease (GL) eased.
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Global shares follow wall street upward
Business, Published on 20/02/2017
» Recap: Wall Street's record highs spurred other stock markets globally early last week. President Donald Trump's comment that his administration would soon unveil a "phenomenal "tax policy spurred the rally in stocks, the dollar and emerging-market assets. Federal Reserve chair Janet Yellen's upbeat assessment of the US outlook and hints at a March interest-rate increase also bolstered investor risk sentiment.
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Trump comments, 'hard Brexit' talk depress stocks
Business, Published on 23/01/2017
» Recap: Donald Trump's comment that the US dollar was too strong and blunting the country's competitiveness rattled global stock markets last week, as did fears over the impact of a "hard Brexit" as outlined by British PM Theresa May. As well, confusion about Mr Trump's political and economic agenda made investors step back from risky assets ahead of his inauguration on Friday. The Thai stock market tracked the global trend, but the magnitude of its fall was limited.
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Hawkish fed tone rattles asia, But only briefly
Business, Published on 19/12/2016
» Recap: Hawkish signals from the US Federal Reserve of a faster pace of policy tightening next year weighed on Asian stock markets last week. Most recovered late in the week after investors concluded the reaction had been overdone. Anticipation of a year-end spending spree by consumers lured by tax breaks kept the Thai bourse steady.
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Oil rout drags down shares ahead of fed talks
Business, Published on 19/09/2016
» Recap: Global stock markets plunged last week as investors cashed out ahead of this week's much-awaited US Federal Reserve meeting. Worries over the oil glut also triggered selling of energy stocks, but the Thai market picked up following a recent steep fall.
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Good week for stocks as concerns EASE about fed
Business, Published on 23/11/2015
» Recap: The deadly attacks in Paris and minutes of the October Federal Reserve meeting, which appeared to point to a December interest-rate increase, rattled global stock markets early last week. However, investors went on a buying spree later as they took a deeper look at the Fed minutes and concluded any action would be gradual. Better-than-expected GDP data for Thailand in the third quarter also lent some support to Thai shares.
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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.
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SET gains as global bourses fret about Greece
Business, Published on 29/06/2015
» Recap: The Greek debt crisis cast a cloud over global stock markets last week but Thailand staged a modest rally. Chinese stocks plummeted 8% on Friday as investors rushed to cash out amid signs that an eight-month bull run was ending.
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Swiss surprise caps volatile trading week
Business, Published on 19/01/2015
» Recap: Global bourses felt strong selling pressure from the downward spiral of oil prices and the unexpected scrapping of a cap on the Swiss franc against euro, before staging a relief rally on Friday.
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