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Showing 1-10 of 17 results

  • News & article

    Virus losses put at B1.3tn

    Business, Published on 31/01/2020

    » Economic damage from the coronavirus outbreak is initially estimated at 300 billion yuan (1.3 trillion baht) in a month's time, putting China's annual GDP growth below the 6% baseline this year, says Kasikorn Research Centre (K-Research).

  • News & article

    Stuck in neutral

    Asia focus, Published on 27/01/2020

    » Amid ongoing uncertainties including trade tariffs and geopolitical tensions, global economic growth prospects look dim for 2020, partly due to a disappointing performance in major Asian economies.

  • News & article

    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.

  • News & article

    Don't count on a crash from a Trump trade war

    News, Noah Smith, Published on 22/11/2016

    » Talk of war is in the air -- trade war!

  • News & article

    Recovery on course

    Asia focus, Pathom Sangwongwanich, Published on 21/11/2016

    » Asia Pacific is expected to remain on a macroeconomic recovery path supported by stabilised economic conditions in China and relatively low exposure to "external asymmetrical shocks", says Swiss banker Peter Rosenstreich.

  • News & article

    Equities hit by us interest rate speculation again

    Business, Published on 05/09/2016

    » Recap: Higher prospects for a US interest rate increase this year roiled global stock markets last week before the release of tepid job data on Friday weakened the case for any change. The Thai bourse faced selling pressure on Friday as investors cashed out for fear that capital inflows to Thailand would reverse, as has been seen in some other markets in Southeast Asia.

  • News & article

    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.

  • News & article

    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.

  • News & article

    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.

  • News & article

    Owe what a feeling

    Asia focus, Tanyatorn Tongwaranan, Published on 09/03/2015

    » The rapid accumulation of household debt seen in Asia over the past five years has triggered concerns about the prospect of a financial crisis similar to the one in 2007 caused by the bursting of the housing bubble in the United States.

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