Showing 1-10 of 25 results
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5G and the global power equation
Business, Published on 11/01/2019
» 5G technology is already powering breakthroughs such as driverless cars and will underpin life-changing advances in futuristic smart cities over the next decade. This has led to fierce competition between countries to determine the direction of 5G mobile internet standards.
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Investors heartened by signals from Fed
Business, Published on 31/07/2017
» Recap: US and European stock exchanges picked up last week after the US Federal Reserve kept its interest rate at 1.25% and reaffirmed plans for a gradual tightening of its monetary policy and tapering of its balance sheet.
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Investors heartened as fed ends rate suspense
Business, Published on 20/03/2017
» Recap: Investors were treading cautiously ahead of last week's US Federal Reserve meeting when the US central bank raised its benchmark interest rate as expected, but their appetite improved after Chair Janet Yellen's comments suggested a more gradual pace of monetary tightening this year. The Thai stock market joined the global rally as the wild swings in trade of Group Lease (GL) eased.
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Global shares follow wall street upward
Business, Published on 20/02/2017
» Recap: Wall Street's record highs spurred other stock markets globally early last week. President Donald Trump's comment that his administration would soon unveil a "phenomenal "tax policy spurred the rally in stocks, the dollar and emerging-market assets. Federal Reserve chair Janet Yellen's upbeat assessment of the US outlook and hints at a March interest-rate increase also bolstered investor risk sentiment.
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Hawkish fed tone rattles asia, But only briefly
Business, Published on 19/12/2016
» Recap: Hawkish signals from the US Federal Reserve of a faster pace of policy tightening next year weighed on Asian stock markets last week. Most recovered late in the week after investors concluded the reaction had been overdone. Anticipation of a year-end spending spree by consumers lured by tax breaks kept the Thai bourse steady.
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Oil rout drags down shares ahead of fed talks
Business, Published on 19/09/2016
» Recap: Global stock markets plunged last week as investors cashed out ahead of this week's much-awaited US Federal Reserve meeting. Worries over the oil glut also triggered selling of energy stocks, but the Thai market picked up following a recent steep fall.
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Mixed messages from fed keep traders guessing
Business, Published on 22/08/2016
» Recap: A hawkish comment from New York Fed President William Dudley that US interest rates could be raised as soon as September weighed on global stock markets early last week. However, minutes of the July Fed meeting released on Wednesday suggested policymakers had mixed views and speculation about an imminent move decreased.
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Cautious tone from fed gives big lift to stocks
Business, Nuntawun Polkuamdee, Published on 04/04/2016
» Recap: The cautious tone of Federal Reserve Chair Janet Yellen's comments on the global economy that lessened prospects for a US interest-rate increase triggered a global stock market rally last week. Positive investor response to her views also pushed the Thai stock market back above 1,400 points.
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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.
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Stocks advance as chances of US rate hike recede
Business, Published on 19/10/2015
» Recap: Global stock markets rallied last week on receding prospects for the first interest rate increase since 2006 by the US Federal Reserve amid signs of global economic weakness. Capital inflows to emerging markets including Thailand have also lifted their currencies against the dollar.
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