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Showing 1-8 of 8 results
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Baht dips on US inflation figures
Business, Published on 15/02/2024
» The baht, which slipped below 36 to the US dollar on Wednesday, is likely to depreciate further as US inflation was higher than forecast, prompting the market to believe the Federal Reserve might delay its first interest rate cut beyond May, as expected earlier.
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Upward trend intact despite recent wobbles
Business, Published on 07/09/2019
» The SET index moved off its high of 1,709 points to hit a low of 1,590 in August. The index later bounced back and drifted sideways before advancing towards 1,654 in the final week of the month, which also breached the 10-year uptrend line at 1,645. This indicates that the major uptrend has remained intact.
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Thai-Chinese railway expected to yield stock gains
Business, Nuntawun Polkuamdee, Published on 20/06/2017
» The long-delayed Thai-Chinese high-speed railway line, soon to break ground after the invocation of Section 44 to clear technical and legal hurdles, is expected to help construction stocks outshine others this week.
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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.
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Asian markets up after Fed minutes
Published on 09/10/2014
» HONG KONG — Asian markets mostly rose Thursday following an upswing on Wall Street as minutes from the Federal Reserve's latest meeting indicated policymakers were nervous about hiking interest rates too soon.
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HK protests keep LID on Asian stocks before rally
Business, Published on 06/10/2014
» Recap: Asian stock markets faced selling pressure last week as Wall Street retreated and tensions in Hong Kong rose. However, global markets rallied on Friday and even Thai stocks inched up after a poor week. The SET Index traded between 1,553.33 and 1,602.21 and closed at 1,570.28 point, down 1.9% on the week, in trade averaging 52.94 billion baht a day.
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Asian shares edge higher
Published on 20/08/2014
» HONG KONG - Asian shares mostly edged higher Wednesday following a positive lead from Wall Street, where stocks advanced on encouraging US economic data before a keynote speech this week by the Federal Reserve chief.
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Gold soars
Jon Fernquest, Published on 10/08/2011
» US policy decisions may drive gold prices even higher.
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