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  • News & article

    Oil, war, pandemic: Economic costs mount

    Business, Published on 14/03/2022

    » The Russian invasion of Ukraine is sending economic shockwaves around the globe with crude oil prices at one point reaching US$130 per barrel, hitting businesses already reeling from tepid consumption caused by the Covid-19 pandemic.

  • News & article

    Setback for trump hurts us equities but set rises

    Business, Published on 27/03/2017

    » Recap: Asian stocks drifted last week and Wall Street fell as investors awaited a crucial vote on the US healthcare bill. Its failure on Friday raised questions about President Donald Trump's ability to push through the rest of his agenda including tax cuts. Lower oil prices prompted by persistent worries about the global glut also dampened sentiment. Buying ahead of the dividend season bolstered the Thai stock market but global uncertainties capped gains.

  • News & article

    Cut oil tax, reduce inflation?

    Jon Fernquest, Published on 31/08/2011

    » No plans to lower prices at major companies. Global oil prices volatile with tendency to rise further. Oil only one factor among many.

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