Showing 1 - 6 of 6
GE Won't Try to Claw Back Jeff Immelt's Pay
Business, Published on 07/01/2021
» General Electric Co.'s board won't claw back compensation from former CEO Jeff Immelt and other executives over GE's accounting issues or Mr. Immelt's use of a backup corporate jet, ending a three-year probe into allegations of misconduct at the conglomerate.
Dovish tone from yellen heartens equity investors
Business, Published on 17/07/2017
» Recap: Most Asian stock markets gained last week as investors took their cue from another all-time closing high for the Dow Jones Industrial Average, while dovish comments from the Federal Reserve on the interest rate outlook also bolstered risk sentiment. Oil prices also rallied but the impact on the energy-heavy Thai bourse was limited.
Terror sets tone globally, 4G drama keeps set busy
Business, Published on 28/03/2016
» Recap: Terror attacks in Brussels triggered panic selling last week in major markets, many of which were closed on Friday ahead of Easter. In Thailand, the failure of Jasmine International to pay for its 4G licence prompted a buying spree in telecom stocks as investors see competition easing. However, profit-taking after the rally capped the gains.
Mixed economic signals keep Asian shares drifting
Business, Published on 03/04/2017
» Recap: Asian investors continued to tread cautiously last week amid mixed economic signals. Better-than-expected US economic growth data and solid industrial output readings from China and Japan bolstered sentiment, but a hawkish view on interest rates by some US Federal Reserve governors and uncertainty about President Donald Trump's tax reforms and spending plans after his healthcare fiasco pressured stocks. In Thailand a buying spree by foreign investors helped boost the index but profit-taking capped gains.
China and Japan data, fed worries depress stocks
Business, Published on 14/09/2015
» Recap: Global stock markets sagged last week on concerns about the economies of China and Japan after their disappointing economic data. Investors also unloaded equities ahead of the US Federal Reserve's much-awaited meeting this week, even though expectations of an interest-rate rate increase appear to have receded for now.
Oil rout, China weakness-keep-stocks-on-back-foot
Business, Published on 18/01/2016
» Recap: Asian stock markets swung back and forth last week but brief rebounds proved unsustainable in the face of dire economic news. Oil prices sank to a 12-year low below US$30 per barrel as investors worried about the health of the global economy, while the slowdown in China and volatility in its markets continued to make for a nervous start to the year. The Thai stock market had a similarly wild ride, tracking the regional bourses.