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Disappointment with Opec accord hits world equities
Business, Published on 29/05/2017
» Recap: Global equity markets retreated last week as a slump in crude prices triggered a sell-off in energy stocks after an Opec-led decision to extend output cuts fell short of expectations. However, markets rallied on Friday amid a consensus that the sell-off had been an overreaction. The energy-heavy Thai stock market started the week strongly in anticipation of good news from Opec, and offshore fund inflows helped to limit losses later.
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China and Japan data, fed worries depress stocks
Business, Published on 14/09/2015
» Recap: Global stock markets sagged last week on concerns about the economies of China and Japan after their disappointing economic data. Investors also unloaded equities ahead of the US Federal Reserve's much-awaited meeting this week, even though expectations of an interest-rate rate increase appear to have receded for now.
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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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