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  • BUSINESS

    ECB leaves interest rate unchanged

    Published on 04/12/2014

    » FRANKFURT — The European Central Bank (ECB) left its key interest rate at a record-low 0.05% at its policy meeting Thursday amid worries about slower growth and deflation in the eurozone.

  • BUSINESS

    Fitch: Emerging markets to struggle in 2019

    Business, Chiratas Nivatpumin, Published on 22/10/2018

    » Emerging markets are set to face rising economic headwinds in 2019 as global growth slows and financial conditions tighten, according to James McCormack, Fitch's global head of sovereign ratings.

  • BUSINESS

    Share investors tread cautiously ahead of Fed meeting

    Business, Published on 24/07/2017

    » Recap: Most global stock markets moved sideways last week as investors kept an eye on the US interest rate outlook ahead of a Federal Reserve meeting this week, though most observers do not expect any move until September.

  • BUSINESS

    Set flirts with 1,600 as central banks stay busy

    Business, Published on 01/12/2014

    » Recap: China's surprise interest rate cut, the first in more than two years, and speculation about further stimulus by the European Central Bank (ECB) propelled the run-up in Asian stock markets last week. The buying spree in tax-saving equity funds as the year-end approaches buoyed the Thai bourse which briefly surpassed 1,600 points.

  • BUSINESS

    ECB holds key rates steady

    Published on 16/07/2015

    » FRANKFURT — The European Central Bank held its key interest rates steady, as expected, at its regular policy meeting on Thursday, a spokesman said.

  • BUSINESS

    Asia shares mixed, Europe stocks tumble

    Published on 30/10/2014

    » HONG KONG — Asian markets were mixed Thursday while the dollar resumed its upward march against the yen after the Federal Reserve wound up its vast bond-buying scheme and reiterated its plan to keep interest rates at record lows.

  • BUSINESS

    The China Syndrome

    Asia focus, Nareerat Wiriyapong, Published on 25/05/2015

    » China's ageing and deflationary cycle will have more far-reaching consequences for the rest of Asia and the world, as the trend is already pushing commodity prices to fall sharply and spreading deflationary pressure in many emerging markets, analysts warn.

  • BUSINESS

    Sset steady above 1,500 in mixed week for equities

    Business, Published on 25/07/2016

    » Recap: US stocks closed out their fourth straight week of gains but European markets were mostly flat, amid concerns ranging from Brexit to the future of Turkey following a failed coup attempt. Japan slid back amid indications that central bank stimulus might not be as aggressive as traders had hoped for.

  • BUSINESS

    Oil rout, China weakness-keep-stocks-on-back-foot

    Business, Published on 18/01/2016

    » Recap: Asian stock markets swung back and forth last week but brief rebounds proved unsustainable in the face of dire economic news. Oil prices sank to a 12-year low below US$30 per barrel as investors worried about the health of the global economy, while the slowdown in China and volatility in its markets continued to make for a nervous start to the year. The Thai stock market had a similarly wild ride, tracking the regional bourses.

  • BUSINESS

    China worries hit stocks as blast deepens set pain

    Business, Published on 24/08/2015

    » Recap: A fresh Chinese equity rout triggered by weak manufacturing data and accelerating outflows, plunging oil prices and sabre-rattling between North and South Korea roiled stock markets across the world last week. The deadly bombing at the Erawan shrine in Bangkok further rattled nerves in Thailand, where stocks plunged well below 1,400 points.

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