Showing 1-6 of 6 results
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Syria and Trump-Xi talks keep investors on sidelines
Business, Published on 10/04/2017
» Recap: Markets were rattled late last week after US cruise missiles struck a Syrian air base, while global investors moved to the sidelines pending the outcome of talks between US President Donald Trump and Chinese President Xi Jinping. Safe-haven assets such as the yen and gold soared and oil prices also surged. The formal promulgation of the country's 20th constitution, ensuring an election sometime late next year, helped keep the Thai stock market in a rangebound trade.
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Equities hit by us interest rate speculation again
Business, Published on 05/09/2016
» Recap: Higher prospects for a US interest rate increase this year roiled global stock markets last week before the release of tepid job data on Friday weakened the case for any change. The Thai bourse faced selling pressure on Friday as investors cashed out for fear that capital inflows to Thailand would reverse, as has been seen in some other markets in Southeast Asia.
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Stocks climb as prospects for fed rate hike recede
Business, Published on 06/06/2016
» Recap: Global stock markets rose last week as investors now believe the US Federal Reserve will not raise interest rates until July at the earliest, given concerns about the market impact of the June 23 UK referendum on EU membership. Poor US job figures for May also weakened the case for a rate hike. A recovery in oil prices also lifted sentiment. Thai shares advanced on buying of energy and bank blue chips.
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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.
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Wall street staggers but set powers past 1,600
Business, Published on 29/09/2014
» Recap: Wall Street pulled back last week after disappointing US durable goods orders suggested the recovery might be weaker than thought. However, the Thai stock market continued to march up and finally passed 1,600 points — a level not seen since May last year — on Friday on investor hopes that economic stimulus measures will soon take hold. Window-dressing as the quarter-end approaches also lent support.
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Shift govt ownership of PTT & THAI to Vayupak Fund?
Jon Fernquest, Published on 18/01/2012
» Selling 2% of PTT to reduce govt ownership from 51% to 49% to erase govt debt so govt can borrow more to finance flood-prevention infrastructure.
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