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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.

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BUSINESS

Owe what a feeling

Asia focus, Tanyatorn Tongwaranan, Published on 09/03/2015

» The rapid accumulation of household debt seen in Asia over the past five years has triggered concerns about the prospect of a financial crisis similar to the one in 2007 caused by the bursting of the housing bubble in the United States.