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  • OPINION

    How did Japan become so cheap?

    Oped, Published on 09/03/2022

    » Every month, the Bank for International Settlements calculates and publishes the real and nominal effective exchange rates for major currencies. The most recent data, released in mid-February, contained a shock for Japan. They show that the yen's real effective exchange rate (Reer, representing roughly the purchasing power of the currency) is now as low as it was in the early 1970s when the yen was first floated following the collapse of the Bretton Woods and Smithsonian systems of fixed exchange rates.

  • BUSINESS

    SET bucks Asean trend with weekly gain

    Business, Published on 25/04/2020

    » Recap: Most Southeast Asian stock markets ended lower yesterday, logging weekly losses, as governments in the region extended lockdowns and new reports indicated earlier hype about a Covid-19 treatment was misplaced.

  • BUSINESS

    Yuan’s slump puts Asia’s rate-cutting central banks on alert

    Published on 05/08/2019

    » China’s decision to weaken its currency amid an escalating trade war will put Asian central banks on the defensive as they gauge how much monetary-policy easing their economies can withstand.

  • BUSINESS

    Global tremors nag stocks

    Business, Published on 27/10/2018

    » Recap: Global stock markets continue to experience volatility as tensions over global trade and unsettled Brexit negotiations keep a lid on bullish sentiment. The recent decline in global oil prices has added pressure to bourses worldwide, with the Stock Exchange of Thailand's main gauge falling below 1,600 points during intra-day trading hours.

  • BUSINESS

    Dovish tone from yellen heartens equity investors

    Business, Published on 17/07/2017

    » Recap: Most Asian stock markets gained last week as investors took their cue from another all-time closing high for the Dow Jones Industrial Average, while dovish comments from the Federal Reserve on the interest rate outlook also bolstered risk sentiment. Oil prices also rallied but the impact on the energy-heavy Thai bourse was limited.

  • BUSINESS

    Talk of end to easy money keeps stocks subdued

    Business, Published on 03/07/2017

    » Recap: Hawkish comments from central banks signalling that the era of cheap money was coming to an end depressed global stock markets last week, while upbeat Chinese manufacturing data failed to bolster sentiment. Profit-taking erased early gains on anticipation of window-dressing at the end of the second quarter and sent the Thai stock market lower.

  • BUSINESS

    Investors pause before Fed decision; oil woes persist

    Business, Published on 12/06/2017

    » Recap: Global stock markets moved cautiously last week as investors awaited the US Federal Reserve's policy rate decision this week. Falling oil prices amid concern over rising supply from the US and Nigeria also exacerbated market sentiment. The Thai stock market moved in a very tight range on a dearth of positive factors.

  • BUSINESS

    Oil rout drags down asian stocks, But manila shines

    Business, Published on 08/05/2017

    » Recap: Asian stocks fell last week, dragged down by tumbling oil prices on fresh global supply glut concerns. However, the Philippines outperformed the region as stocks rose to a nine-month high. Thai trading was rangebound amid a dearth of market-moving news.

  • BUSINESS

    Worries about korea and france keep trade subdued

    Business, Published on 24/04/2017

    » Recap: Global stock markets were subdued earlier last week amid concerns over mounting geopolitical tension on the Korean peninsula and Sunday's first-round presidential election in France. However, sentiment for risk assets improved later as optimism spread about US tax reform. The Thai stock market moved back and forth amid a dearth of positive catalysts.

  • BUSINESS

    Anxiety over Syria, North Korea keeps lid on stocks

    Business, Published on 18/04/2017

    » Recap: Asian stock indices were mixed last week as rising geopolitical risks from the US missile strike on Syria and soaring tensions on the Korean peninsula kept investors on edge. The same concerns lifted gold to five-month highs, while oil advanced amid confidence that Saudi Arabia will support an extension to Opec-led output cuts just as US stockpiles show signs of shrinking. The Thai stock market edged up, driven by buying in heavyweight energy stocks.

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