Showing 1-10 of 22 results
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Baht dips on US inflation figures
Business, Published on 15/02/2024
» The baht, which slipped below 36 to the US dollar on Wednesday, is likely to depreciate further as US inflation was higher than forecast, prompting the market to believe the Federal Reserve might delay its first interest rate cut beyond May, as expected earlier.
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Gold stays buoyant as Asian bourses rally
Business, Nareerat Wiriyapong, Published on 09/05/2023
» Gold prices bounced back and managed to stay buoyant on Monday as Asian stocks advanced while investors awaited key US inflation data due later this week that could influence the Federal Reserve's (Fed) monetary policy stance.
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Inflation up 2.83% in March, slowest pace in 15 months
Reuters, Published on 05/04/2023
» Thailand's headline consumer price index (CPI) rose a less than forecast 2.83% in March from a year earlier, the slowest pace in 15 months due to lower energy and food prices, the Commerce Ministry said on Wednesday.
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Joint business group maintains GDP growth outlook
Reuters, Published on 05/04/2023
» Thailand's economy is expected to grow 3.0% to 3.5% this year, unchanged from a previous forecast, as tourism rebounded but exports softened, a leading joint business group said on Wednesday.
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Global shares rally on fed set flat amid 4G frenzy
Business, Nuntawun Polkuamdee, Published on 21/12/2015
» Recap: Global stock markets moved sideways last week as sinking oil prices pushed down energy shares, and rebounded at the end of the week after the US Federal Reserve ended months of uncertainty by raising its benchmark interest rate by 25 basis points for the first time in nine years. Thai stocks were little changed despite sinking on Friday, pulled down by telecoms as prices for 4G licences headed for a world record.
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Fed, oil and economic worries push down stocks
Business, Published on 10/08/2015
» Recap: Major global stock markets continued to fluctuate last week. The Dow Jones was pressured by underperforming company results and the growing possibility of a Fed rate increase and European bourses fell with global oil prices. Asia's large markets rose, led by gains in China and Hong Kong on growing speculation that the Beijing government would take more steps to restore shaky confidence in equities.
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Pandemic Year 3: Old and new risks lie ahead
Asia focus, Published on 23/11/2021
» At the start of 2021, UOB's outlook for the regional economic recovery from the Covid-19 pandemic hinged on three things -- the wide availability of vaccines, aggressive fiscal stimulus and accommodative monetary policies.
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Is inflation spiraling out of control?
Jon Fernquest, Published on 30/04/2012
» Higher oil prices, wages & govt handouts to ease cost of living, all pushing up production costs & goods prices. Central bank move to control likely.
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Stocks trade in narrow range as investors comb us data
Business, Published on 07/08/2017
» Recap: Global investors remained concerned last week about US political developments and economic data that could influence a Federal Reserve interest-rate increase, amid signs that the Fed was growing more cautious. Wall Street staged a revival on Friday after the US reported strong employment numbers for July.
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Trump tantrums keep traders on edge, SET dips
Business, Nuntawun Polkuamdee, Published on 06/02/2017
» Recap: World stock markets retreated as investors shied away from riskier assets over renewed concerns about US President Donald Trump's controversial ban on refugees and travellers from seven Muslim-majority countries and protectionist rhetoric that fanned fears of a global trade war. Buying ahead of corporate earnings releases and hopes for dividend payments cushioned the Thai stock market against a steep fall.
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