Showing 1-10 of 12 results
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Set pushes above 1,500 as oil rally buoys equities
Business, Nuntawun Polkuamdee, Published on 10/10/2016
» Recap: Asian stock markets climbed as signs of strength in the United States bolstered demand for riskier investments. Higher oil prices also helped propel bourses. Risk-on sentiment and speculation about better third-quarter earnings buoyed the Thai stock market.
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Rate cut buoys set ahead of holiday as global stocks drift
Business, Nuntawun Polkuamdee, Published on 04/05/2015
» Recap: Global bourses moved mostly lower in response to disappointing US economic data and despite Federal Reserve signals that interest rates would not rise anytime soon. In Thailand, the SET rebounded on Thursday after the Bank of Thailand surprised the market by cutting its policy rate by 25 basis points to 1.50%.
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EV subsidies to benefit certain stocks
Business, Nuntawun Polkuamdee, Published on 01/11/2023
» Stocks related to electric vehicles (EVs) and battery manufacturing are expected to benefit from the government's renewal of EV support measures next year, says Asia Plus Securities (ASPS).
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Lingering bank worries keep lid on Asian shares
Business, Nuntawun Polkuamdee, Published on 25/03/2023
» RECAP: Asian shares came under pressure yesterday after lingering banking stability concerns gripped Wall Street, while bond markets bet that recent rate hikes by central banks will be among the last of the cycle, allowing for policy relief later in the year.
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Tourism stocks surge as China removes travel curbs
Business, Nuntawun Polkuamdee, Published on 28/12/2022
» Thai tourism stocks soared yesterday on news that Beijing is lifting travel curbs earlier than expected, boosting hopes that Thailand's tourism sector, trade and spending would recover much faster than the previous forecast.
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Asian markets sell off amid recession worries
Business, Nuntawun Polkuamdee, Published on 17/09/2022
» RECAP: Asian markets sold off sharply on Friday and Europe followed as investors braced for a hefty US rate hike next week amid growing concerns of a global recession following warnings from the World Bank and the International Monetary Fund.
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Bourse dips on hint of Fed rate hike
Business, Nuntawun Polkuamdee, Published on 26/04/2022
» The Thai stock market slid on Monday after the Federal Reserve (Fed) chairman's mention of a half-percentage point interest rate hike at the May meeting sent global stocks tumbling.
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Covid, China worries and Fed keep shares in check
Business, Nuntawun Polkuamdee, Published on 21/08/2021
» Recap: Global shares fell for the fifth straight day yesterday as investors fretted about the spread of the Delta coronavirus variant, slowing Chinese growth and the timing of Federal Reserve stimulus reduction. The US dollar continued to rise as a safe haven after hitting nine-month high on Thursday.
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Emerging markets fret over Covid, China crackdown
Business, Nuntawun Polkuamdee, Published on 07/08/2021
» Recap: Emerging markets remained under pressure yesterday from the worsening pandemic and China's regulatory crackdown. Equity futures in Europe and the US were steady ahead of US payrolls data, after solid earnings pushed shares to record highs.
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Covid and China crackdown sap regional confidence
Business, Nuntawun Polkuamdee, Published on 14/08/2021
» Recap: Emerging market shares slid 0.8% yesterday as worries about a widening regulatory crackdown in China and surges in Covid-19 cases sapped investor confidence. But European stocks hit new highs and were on track for their fourth consecutive week of gains on the prospect of more forecast-beating corporate earnings and a steady recovery from the pandemic-induced downturn.
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