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  • BUSINESS

    Disappointment with Opec accord hits world equities

    Business, Published on 29/05/2017

    » Recap: Global equity markets retreated last week as a slump in crude prices triggered a sell-off in energy stocks after an Opec-led decision to extend output cuts fell short of expectations. However, markets rallied on Friday amid a consensus that the sell-off had been an overreaction. The energy-heavy Thai stock market started the week strongly in anticipation of good news from Opec, and offshore fund inflows helped to limit losses later.

  • BUSINESS

    SET up 0.2%, global markets cringe over trade war fears

    Business, Published on 03/03/2018

    » Recap: Global stock markets fell to two-week lows yesterday, with steelmakers taking a pounding after US President Donald Trump said he would impose hefty tariffs on imports of steel and aluminium, reviving fears of a trade war.

  • THAILAND

    Somkid steers a steady course

    Business, Post Reporters, Published on 24/08/2015

    » The new economic team under Somkid Jatusripitak is not likely to make a dramatic change to the government's direction. 

  • 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

    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.

  • BUSINESS

    Uttama urges TOT, CAT reform

    Business, Komsan Tortermvasana, Published on 12/10/2015

    » The two telecom state enterprises must seriously reform themselves into a network sharing provider by aggregating telecom assets and developing an infrastructure pool to generate a new revenue stream after the end of the concession era, says the ICT Minister.

  • BUSINESS

    Share trade subdued after long-expected Fed move

    Business, Published on 19/06/2017

    » Recap: Asian stock markets traded cautiously earlier last week as investors awaited the US Federal Reserve's rate decision. A rout in US technology stocks later in the week also dampened market sentiment. The Thai stock market still moved in a rangebound trade amid a lack of positive news.

  • BUSINESS

    Undersea cable plan axed

    Business, Published on 17/09/2016

    » The government has finally ordered the termination of the 5-billion-baht national submarine cable construction project after clearly proving that it violates the Budget Bureau's procurement rules.

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