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  • BUSINESS

    Scotiabank shelves TBank divestment

    Business, Somruedi Banchongduang, Published on 07/09/2016

    » Bank of Nova Scotia (Scotiabank), Canada's third largest lender by assets, has shelved plans to sell up to a 49% stake in Thanachart Bank (TBank) because of the fragile global economic recovery, according to a source in the banking circle.

  • BUSINESS

    Japanese stimulus plan gives lift to Asian stocks

    Business, Published on 01/08/2016

    » Recap: Asian stock markets advanced last week, propelled by Japan's bigger-than-expected fiscal stimulus plan, while investors shrugged off a US Federal Reserve statement that opened room for a policy rate hike later this year. Thai shares also climbed higher in liquidity-driven trade.

  • BUSINESS

    Foreign flight poses threat to stock market

    Business, Nuntawun Polkuamdee, Published on 04/01/2016

    » The persistent exodus of foreign investors is of the greatest concern to the Thai stock market in 2016 after around 400 billion baht was cashed out over the past three years.

  • BUSINESS

    Stocks drift in thin trade, China leads Asia lower

    Business, Published on 30/11/2015

    » Recap: Global stock markets traded thinly last week as geopolitical tensions rose after Turkey downed a Russian plane that entered its territory from war-torn Syria. Wall Street was subdued because of the Thanksgiving holiday on Thursday and a shortened session on Friday. European markets were little changed as investors awaited word this week on whether the European Central Bank would extend its stimulus measures.

  • BUSINESS

    Good week for stocks as concerns EASE about fed

    Business, Published on 23/11/2015

    » Recap: The deadly attacks in Paris and minutes of the October Federal Reserve meeting, which appeared to point to a December interest-rate increase, rattled global stock markets early last week. However, investors went on a buying spree later as they took a deeper look at the Fed minutes and concluded any action would be gradual. Better-than-expected GDP data for Thailand in the third quarter also lent some support to Thai shares.

  • BUSINESS

    Stocks rally after black monday as rate fears ease

    Business, Published on 31/08/2015

    » Recap: China's Black Monday sparked a sell-off in global stock markets before a relief rally took hold across the world amid hints that the US Federal Reserve would not lift interest rates in September given fragile global conditions. Stimulus measures proposed by the Thai government's new economic team also improved investors' appetite for local shares.

  • BUSINESS

    SET gains as global bourses fret about Greece

    Business, Published on 29/06/2015

    » Recap: The Greek debt crisis cast a cloud over global stock markets last week but Thailand staged a modest rally. Chinese stocks plummeted 8% on Friday as investors rushed to cash out amid signs that an eight-month bull run was ending.

  • BUSINESS

    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.

  • BUSINESS

    Global slowdown, local woes push down stocks

    Business, Published on 27/07/2015

    » Recap: Downbeat manufacturing data from China and the euro zone rattled global stock markets and sank gold prices to a five-year low last week. Concerns over Thailand's dimming economic prospects in the second half also pushed down local shares.

  • BUSINESS

    Wall street jumps but factory data a worry

    Business, Published on 27/04/2015

    » Recap: While US markets surged, many other global stock markets sagged in response to disappointing factory activity in China, Japan and the euro zone, and concerns over Greek debt. The same worries pushed down Thai stocks.

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