Showing 1 - 4 of 4
Hawkish fed tone rattles asia, But only briefly
Business, Published on 19/12/2016
» Recap: Hawkish signals from the US Federal Reserve of a faster pace of policy tightening next year weighed on Asian stock markets last week. Most recovered late in the week after investors concluded the reaction had been overdone. Anticipation of a year-end spending spree by consumers lured by tax breaks kept the Thai bourse steady.
Asian stocks down over Glum manufacturing data
Business, Published on 28/09/2015
» Recap: Downbeat manufacturing data from the US and China stoked fresh worries over the global economy and sent Asian stock markets down. Sahaviriya Steel Industries Plc's debt woes also rattled Thai stocks with its shares and those of its three major lenders coming under a selling spree.
China and Fed set tone as global shares head south
Business, Published on 16/11/2015
» Recap: Downbeat data out of China and the growing possibility of a US Federal Reserve interest-rate increase jolted global stock markets last week. The costly 1800-megahertz spectrum auction and softer oil prices also weighed on the Thai stock market.
Late rally dispels gloom from weak Chinese GDP
Business, Published on 26/10/2015
» Recap: Global stock markets rallied late last week after the European Central Bank hinted at more stimulus and some top US corporations reported healthy earnings. The mood had been downbeat earlier after China reported third-quarter GDP growth below 7% for the first time since the 2008 global crisis. However, investors remain cautious ahead of this week's US Federal Reserve meeting.