Showing 1-10 of 12 results
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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.
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Stuck in neutral
Asia focus, Published on 27/01/2020
» Amid ongoing uncertainties including trade tariffs and geopolitical tensions, global economic growth prospects look dim for 2020, partly due to a disappointing performance in major Asian economies.
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Sinking Cities
Asia focus, Published on 02/09/2019
» One of the most pressing challenges the world is facing as a result of climate change is rising sea levels. Scientists predict that oceans will rise by between 0.3 and 2.5 metres by 2100. This will put many coastal areas at risk, with potentially catastrophic consequences for large cities.
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A safercyber world
Asia focus, Published on 03/09/2018
» E-commerce and other digital services are becoming a part of mainstream life in Southeast Asia, part of a transformation that is driving strong economic growth. But the advances are not universal and the system is still not nearly as secure as it should be.
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A shortcut to convenience and cash
Spectrum, Erich Parpart, Published on 25/03/2018
» Pakdee Tanapura, head of the Thai Canal study team at the Thai-Chinese Culture and Economy Association, argued that because of current congestion in the Malacca Strait, the Thai Canal would provide another channel for ships.
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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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Finance minister backs policy rate, calls for new growth areas
Business, Published on 06/05/2015
» Baku: The current policy rate of 1.5% is accommodative enough to support economic growth, says Finance Minister Sommai Phasee.
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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 stocks down over Glum manufacturing data
Business, Published on 28/09/2015
» Recap: Downbeat manufacturing data from the US and China stoked fresh worries over the global economy and sent Asian stock markets down. Sahaviriya Steel Industries Plc's debt woes also rattled Thai stocks with its shares and those of its three major lenders coming under a selling spree.
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Bank worries depress set as global stocks advance
Business, Published on 20/07/2015
» Recap: Most global stock markets climbed last week after Greek MPs approved austerity measures in exchange for a new bailout, and China's second-quarter economic growth beat forecasts. The Thai market, however, struggled as investors weighed the prospect of higher loan-loss provisions taking a bite out of banks' second-quarter earnings.
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