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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.
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Prajin draws praise as ICT pick
Business, Komsan Tortermvasana, Published on 14/09/2016
» The private and public sectors on Tuesday hailed the cabinet's approval of Deputy Prime Minister Prajin Juntong as acting minister of the Information and Communication Technology (ICT) Ministry, saying he is the best person for the post during the current transition period.
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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.
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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.
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