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Showing 11-20 of 52 results

  • BUSINESS

    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.

  • BUSINESS

    Investors pause before Fed decision; oil woes persist

    Business, Published on 12/06/2017

    » Recap: Global stock markets moved cautiously last week as investors awaited the US Federal Reserve's policy rate decision this week. Falling oil prices amid concern over rising supply from the US and Nigeria also exacerbated market sentiment. The Thai stock market moved in a very tight range on a dearth of positive factors.

  • NEWS

    Getting the green light on electric cars

    Spectrum, Paritta Wangkiat, Published on 30/10/2016

    » As of Sept 30, Thailand had 52 electric sedans on the road. There are roughly 1.3 million electric cars on the roads worldwide, but with fears batteries will flatten in traffic or flooding will lead to lasting damage, Thai drivers have been slow on the uptake.

  • BUSINESS

    Eyes on the S-curve

    Business, Yuthana Praiwan, Published on 26/09/2016

    » PTT Plc, the national oil and gas conglomerate, is considering investing in new S-curve growth businesses under its express solution and corporate venture capital fund.

  • BUSINESS

    Tevin: PTT capex to rise for innovation

    Business, Apornrath Phoonphongphiphat, Published on 12/10/2016

    » SET-listed PTT Plc, the country's oil and gas conglomerate, is about to increase its five-year capital expenditure (capex) amount, expecting to spend more on innovations that would generate additional sustainable revenue.

  • BUSINESS

    Investors heartened as fed ends rate suspense

    Business, Published on 20/03/2017

    » Recap: Investors were treading cautiously ahead of last week's US Federal Reserve meeting when the US central bank raised its benchmark interest rate as expected, but their appetite improved after Chair Janet Yellen's comments suggested a more gradual pace of monetary tightening this year. The Thai stock market joined the global rally as the wild swings in trade of Group Lease (GL) eased.

  • BUSINESS

    Envoy: Philippines still open for business

    Business, Nopporn Wong-Anan, Published on 03/09/2016

    » MANILA - Despite its controversial and deadly drug war, the Philippines under the leadership of President Rodrigo Duterte maintains a business-friendly approach and offers vast opportunities for investors, says the Thai envoy to the Philippines.

  • BUSINESS

    Opec output-cut deal provides lift for equities

    Business, Published on 03/10/2016

    » Recap: Global stock markets see-sawed last week with news developments. The relief rally that followed the previous week's Fed meeting ebbed, but Hillary Clinton's strong performance against Donald Trump in the first US presidential debate cheered investors. Also buoying sentiment was Opec's surprise agreement to cut oil output, but worries about the health of Deutsche Bank, which faces huge US fines for dodgy business practices, capped gains. The Opec decision helped the energy-heavy Thai stock market recoup some earlier losses.

  • BUSINESS

    Sset steady above 1,500 in mixed week for equities

    Business, Published on 25/07/2016

    » Recap: US stocks closed out their fourth straight week of gains but European markets were mostly flat, amid concerns ranging from Brexit to the future of Turkey following a failed coup attempt. Japan slid back amid indications that central bank stimulus might not be as aggressive as traders had hoped for.

  • BUSINESS

    Equities hit by us interest rate speculation again

    Business, Published on 05/09/2016

    » Recap: Higher prospects for a US interest rate increase this year roiled global stock markets last week before the release of tepid job data on Friday weakened the case for any change. The Thai bourse faced selling pressure on Friday as investors cashed out for fear that capital inflows to Thailand would reverse, as has been seen in some other markets in Southeast Asia.

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