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Scepticism about Trump tax plan keeps stocks in check
Business, Published on 01/05/2017
» Recap: Cautious optimism over the US President Donald Trump's radical tax reform and concern about global trade and "America First" policies kept investors' appetite for risky assets in check last week. Concerns about an uptick in bad loans at large banks and the arrival of the XD season triggered a selling spree in the Thai stock market.
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Stocks gyrate as traders ponder life under Trump
Business, Published on 14/11/2016
» Recap: Global stock markets yo-yoed last week in response to Donald Trump's surprising US presidential election victory. US equities rose to record highs, led by financials, on expectations of lighter regulation and higher spending. But most markets elsewhere sank on concern that Mr Trump's stance against free trade and immigration could curb economic growth and increase geopolitical uncertainty. They also fear his spending plans will push up inflation, possibly triggering more aggressive rate increases by the Federal Reserve and prompting capital outflows from emerging markets.
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