Showing 1 - 6 of 6
Global shares rally on fed set flat amid 4G frenzy
Business, Nuntawun Polkuamdee, Published on 21/12/2015
» Recap: Global stock markets moved sideways last week as sinking oil prices pushed down energy shares, and rebounded at the end of the week after the US Federal Reserve ended months of uncertainty by raising its benchmark interest rate by 25 basis points for the first time in nine years. Thai stocks were little changed despite sinking on Friday, pulled down by telecoms as prices for 4G licences headed for a world record.
Mixed Fed rate signals spook stock investors
Business, Nuntawun Polkuamdee, Published on 02/11/2015
» Recap: Global stock markets edged down last week after the US Federal Reserve suggested that an interest-rate increase was still possible before the end of this year. The news triggered a substantial sell-off by foreign investors in emerging markets in Asia.
Stocks Gain as US job market roars back
Business, Nuntawun Polkuamdee, Published on 09/11/2015
» Recap: Global stock markets moved up at the end of the week as US jobs data showed a bigger-than-expected rise in non-farm payrolls in October after two months of weakness. As well, a drop in the unemployment rate to 5% increased the likelihood that the Federal Reserve will raise interest rates next month for the first time in almost a decade. The Thai market also advanced.
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.
Better global outlook spurs share rebound
Business, Published on 27/10/2014
» Recap: Global bourses, especially in the US and Europe, rebounded as investors hoped for more European Central Bank (ECB) stimulus. However, activity in Thailand was muted as concerns over the health of the domestic economy mounted.
Chinese share plunge and fed keep traders on edge
Business, Published on 03/08/2015
» Recap: Another plunge in Chinese stocks and a growing belief that the US will start raising interest rates in September pushed down global bourses before a recovery late in the week. Asian currencies also sank against the greenback with the Thai baht slipping below 35 to a 14-year low. The SET fell close to 1,400 before a rally led by buying of blue chips that had become bargains.