Showing 1 - 6 of 6
Biggest currency rout since 1997 puts Asia central banks in bind
Published on 29/06/2022
» The surge in the dollar has set Asian currencies on course for their worst quarter since 1997 and created a dilemma for central bankers.
Yuan’s slump puts Asia’s rate-cutting central banks on alert
Published on 05/08/2019
» China’s decision to weaken its currency amid an escalating trade war will put Asian central banks on the defensive as they gauge how much monetary-policy easing their economies can withstand.
Asian equities dip as Fed signals imminent rate hike
Business, Published on 27/02/2017
» Recap: While the Dow Jones set fresh records before slipping on Friday, Asian stock markets retreated as investors reassessed the minutes of the Federal Reserve's last policy meeting, which kept the prospect of a March interest-rate increase in play. The Thai stock market tracked regional bourses in muted trade.
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.
Global shares mixed, Set has worst week of year
Business, Published on 12/09/2016
» Recap: Global stock markets rallied last week, propelled by fading prospects for a US rate increase this month and upbeat Chinese import data. However, markets sank on Friday after North Korea reported a nuclear test and a senior Federal Reserve official said waiting much longer to raise rates could hurt the US recovery.
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.