Showing 1 - 4 of 4
Asian shares advance as oil prices retreat
Business, Nuntawun Polkuamdee, Published on 06/08/2022
» RECAP: Asian equities mostly rose yesterday as a drop in oil prices to pre-Ukraine war levels stirred hopes of a slowdown in inflation and bank interest-rate hikes. But while global markets have enjoyed a broadly positive week, recession worries and Chinese military drills around Taiwan have traders' nerves on edge.
Equities wobble, Oil and gold slump as fed move draws near
Business, Published on 13/03/2017
» Recap: The near-certainty of a US Federal Reserve interest-rate increase this week prompted capital flight across Asia last week. With the US dollar strengthening, gold briefly fell below $1,200 an ounce in its worst week in four months, and oil also suffered a sharp sell-off.
Terror in Spain, turmoil in Washington dent stocks
Business, Nuntawun Polkuamdee, Published on 21/08/2017
» Recap: US political instability and a terrorist attack in Spain put pressure on global stock markets, with Wall Street hitting a three-month low and European and Asian bourses also sinking, though Thailand managed a small gain.
Stocks suffer from Yuan shock before late rally
Business, Published on 17/08/2015
» Recap: The move by China's central bank to devalue the yuan by adjusting its reference rate sent the currency down 4.6% and sent shockwaves through global financial markets. The Thai stock market slipped below 1,400 on Thursday before a bargain-hunting rally on Friday.