Showing 1 - 10 of 11
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.
Asian equities dip as Fed signals imminent rate hike
Business, Published on 27/02/2017
» Recap: While the Dow Jones set fresh records before slipping on Friday, Asian stock markets retreated as investors reassessed the minutes of the Federal Reserve's last policy meeting, which kept the prospect of a March interest-rate increase in play. The Thai stock market tracked regional bourses in muted trade.
Trump tantrums keep traders on edge, SET dips
Business, Nuntawun Polkuamdee, Published on 06/02/2017
» Recap: World stock markets retreated as investors shied away from riskier assets over renewed concerns about US President Donald Trump's controversial ban on refugees and travellers from seven Muslim-majority countries and protectionist rhetoric that fanned fears of a global trade war. Buying ahead of corporate earnings releases and hopes for dividend payments cushioned the Thai stock market against a steep fall.
Opec output-cut deal provides lift for equities
Business, Published on 03/10/2016
» Recap: Global stock markets see-sawed last week with news developments. The relief rally that followed the previous week's Fed meeting ebbed, but Hillary Clinton's strong performance against Donald Trump in the first US presidential debate cheered investors. Also buoying sentiment was Opec's surprise agreement to cut oil output, but worries about the health of Deutsche Bank, which faces huge US fines for dodgy business practices, capped gains. The Opec decision helped the energy-heavy Thai stock market recoup some earlier losses.
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.
Fed, oil and economic worries push down stocks
Business, Published on 10/08/2015
» Recap: Major global stock markets continued to fluctuate last week. The Dow Jones was pressured by underperforming company results and the growing possibility of a Fed rate increase and European bourses fell with global oil prices. Asia's large markets rose, led by gains in China and Hong Kong on growing speculation that the Beijing government would take more steps to restore shaky confidence in equities.
Greece keeps investors on Edge but set rallies
Business, Published on 08/06/2015
» Recap: Pressure on US and European share markets eased after Greece obtained some breathing room from the MF, which agreed to defer all 1.6 billion euros in debt repayments to the end of this month, but a successful outcome of talks with euro zone creditors remains elusive.
SET drifts as global stocks rise on Greek relief
Business, Published on 02/03/2015
» Recap: Greece's bailout extension propelled global stock markets, with some hitting multi-year records. However, investors in the Thai stock market shrugged off the positive news and jumped on the sell-off bandwagon on disappointing earnings.
Set Gains on oil revival as greek drama intensifies
Business, Published on 09/02/2015
» Recap: Asian stock markets were rattled by concerns about Greece's plans to renegotiate its bailout. Worries mounted after Greece's new finance minister clashed with his powerful German counterpart and the European Central Bank (ECB) moved to stop funding Greece's lenders.
City refinery explosion, the second in 18 months
Terry Fredrickson, Published on 05/07/2012
» Yesterday's fire at a major Bangkok oil refinery, the second in 18 months, is raising questions about the wisdom of having such a facility in residential area.