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Showing 1-6 of 6 results
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Weakness in europe keeps global equities subdued
Business, Published on 31/10/2016
» Recap: Global equities were affected by poor sentiment led by European stocks, which fell for the entire week on disappointing corporate results. The European Central Bank is expected to now consider further stimulus to spur the lacklustre euro zone. The US Federal Reserve, meanwhile, is seen as moving closer to raising interest rates as third-quarter GDP growth of 2.9% exceeded expectations.
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Asian trade subdued as economic outlook weakens
Business, Published on 13/05/2023
» RECAP: Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from the US and China fuelled concerns about a global slowdown.
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Asian shares advance as oil prices retreat
Business, Nuntawun Polkuamdee, Published on 06/08/2022
» RECAP: Asian equities mostly rose yesterday as a drop in oil prices to pre-Ukraine war levels stirred hopes of a slowdown in inflation and bank interest-rate hikes. But while global markets have enjoyed a broadly positive week, recession worries and Chinese military drills around Taiwan have traders' nerves on edge.
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Growth forecast cut, Iran cases surge by 50%: Virus update
Published on 02/03/2020
» Iran reported a 50% increase in coronavirus infections, while New York City, Brussels, Berlin and Indonesia all reported their first cases. New cases were reported in Thailand and across the US. Hard-hit South Korea saw its total climb past 4,200.
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Globalisation under threat, warns Citi economist
Business, Chiratas Nivatpumin, Published on 29/09/2014
» Policymakers across the world will face growing challenges from the threat of secular economic stagnation in the advanced economies, especially in the euro area, demographic changes and a retreat from globalisation, according to Willem Buiter, the chief economist for Citigroup.
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World economic slowdown & Thai exports
Jon Fernquest, Published on 09/11/2012
» As US & EU try to stimulate economies out of economic downturn, Asian export sectors that drive economic growth begin to be hit.
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