Showing 1 - 10 of 11
Asian shares reverse morning losses
Published on 03/10/2014
» HONG KONG — Asian markets mostly rose Friday ahead of a key US jobs report, while Hong Kong reversed morning losses as the financial hub's leaders prepare to meet pro-democracy protestors who have closed parts of the city for the past week.
Asian markets extend gains
Published on 04/12/2014
» HONG KONG — Asian markets rallied for a third straight day Thursday following another record close on Wall St, as investors cheered an upbeat report on the economy from the US central bank.
Weakness in europe keeps global equities subdued
Business, Published on 31/10/2016
» Recap: Global equities were affected by poor sentiment led by European stocks, which fell for the entire week on disappointing corporate results. The European Central Bank is expected to now consider further stimulus to spur the lacklustre euro zone. The US Federal Reserve, meanwhile, is seen as moving closer to raising interest rates as third-quarter GDP growth of 2.9% exceeded expectations.
Oil rout, China weakness-keep-stocks-on-back-foot
Business, Published on 18/01/2016
» Recap: Asian stock markets swung back and forth last week but brief rebounds proved unsustainable in the face of dire economic news. Oil prices sank to a 12-year low below US$30 per barrel as investors worried about the health of the global economy, while the slowdown in China and volatility in its markets continued to make for a nervous start to the year. The Thai stock market had a similarly wild ride, tracking the regional bourses.
Asia shares boosted by Wall St rally
Published on 22/10/2014
» HONG KONG — Asian markets mostly pushed higher Wednesday, taking a lead from fresh gains in New York and Europe in response to reports that the European Central Bank (ECB) would widen its stimulus programme.
Asian shares down on Wall St losses
Published on 02/10/2014
» HONG KONG - Asian markets sank Thursday following a heavy sell-off on Wall Street as a mixed bag of data raised concerns about the global economy, while the dollar tumbled a day after breaking 110 yen for the first time in six years.
Asia shares mixed, Europe stocks tumble
Published on 30/10/2014
» HONG KONG — Asian markets were mixed Thursday while the dollar resumed its upward march against the yen after the Federal Reserve wound up its vast bond-buying scheme and reiterated its plan to keep interest rates at record lows.
Better global outlook spurs share rebound
Business, Published on 27/10/2014
» Recap: Global bourses, especially in the US and Europe, rebounded as investors hoped for more European Central Bank (ECB) stimulus. However, activity in Thailand was muted as concerns over the health of the domestic economy mounted.
Hope in greece and Ukraine helps lift global stocks
Business, Published on 16/02/2015
» Recap: Global bourses early last week were jolted by nerves over Greece's finances, and downbeat Chinese trade data, but rebounded later on a peace agreement in Ukraine and European Central Bank approval of more emergency liquidity to Greece. The Thai stock market also rose slightly.
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.