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Showing 1-10 of 10 results
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SET bucks Asean trend with weekly gain
Business, Published on 25/04/2020
» Recap: Most Southeast Asian stock markets ended lower yesterday, logging weekly losses, as governments in the region extended lockdowns and new reports indicated earlier hype about a Covid-19 treatment was misplaced.
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Rate cuts, stimulus moves help propel global stocks
Business, Published on 08/08/2016
» Recap: An interest-rate cut and new quantitative easing plans by the Bank of England, along with additional stimulus in Japan, helped propel global stock markets last week. In the US, stocks jumped on Friday in response to healthy employment data, which helped offset a weak manufacturing report earlier.
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Mixed Fed rate signals spook stock investors
Business, Nuntawun Polkuamdee, Published on 02/11/2015
» Recap: Global stock markets edged down last week after the US Federal Reserve suggested that an interest-rate increase was still possible before the end of this year. The news triggered a substantial sell-off by foreign investors in emerging markets in Asia.
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Stocks suffer from Yuan shock before late rally
Business, Published on 17/08/2015
» Recap: The move by China's central bank to devalue the yuan by adjusting its reference rate sent the currency down 4.6% and sent shockwaves through global financial markets. The Thai stock market slipped below 1,400 on Thursday before a bargain-hunting rally on Friday.
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Chinese share plunge and fed keep traders on edge
Business, Published on 03/08/2015
» Recap: Another plunge in Chinese stocks and a growing belief that the US will start raising interest rates in September pushed down global bourses before a recovery late in the week. Asian currencies also sank against the greenback with the Thai baht slipping below 35 to a 14-year low. The SET fell close to 1,400 before a rally led by buying of blue chips that had become bargains.
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Set slides below 1,500 on weak earnings outlook
Business, Darana Chudasri, Published on 01/06/2015
» Recap: Anxiety over a potential Greek debt default and tightening margin trading requirements for Chinese brokers rattled Asian stock markets last week. Gloomy earnings prospects and the Thai economic slowdown pulled the local bourse below 1,500 points.
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Oil price plunge greases the skids for stocks
Business, Published on 15/12/2014
» Recap: The dive in oil prices to below US$60 a barrel rattled stock markets across the world last week and Thai shares were among those heavily sold.
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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.
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China worries keep lid on global equity gains
Business, Published on 25/08/2014
» Recap: Asian stock markets marched up early last week amid eased concerns over a Russia-Ukraine confrontation and upbeat US economic readings, but a sell-off kicked in on renewed concerns over China's economy after tepid manufacturing figures were released. The Thai stock market stayed firmly above the resistance of 1,550 points on hopes that the economy will recover now that NCPO leader Gen Prayuth Chan-ocha has been chosen as the new prime minister.
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What's new in business news: February 11, 2014
Jon Fernquest, Published on 11/02/2014
» Missing rice in govt warehouses & fire at Lop Buri warehouse, Central Business District land surges in value & airports continue expansion.
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