Showing 31-40 of 46 results
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Bank worries depress set as global stocks advance
Business, Published on 20/07/2015
» Recap: Most global stock markets climbed last week after Greek MPs approved austerity measures in exchange for a new bailout, and China's second-quarter economic growth beat forecasts. The Thai market, however, struggled as investors weighed the prospect of higher loan-loss provisions taking a bite out of banks' second-quarter earnings.
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Politics key to growth, warns ADB
Business, Published on 07/05/2015
» BAKU: Local politics and external uncertainties are the major threats to Thailand's economic growth, but the Asian Development Bank (ADB) is maintaining its 2015 growth forecast at 3.6% on the expectation that exports will gain pace.
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Finance minister backs policy rate, calls for new growth areas
Business, Published on 06/05/2015
» Baku: The current policy rate of 1.5% is accommodative enough to support economic growth, says Finance Minister Sommai Phasee.
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China worries depress stocks as set drifts down
Business, Published on 30/03/2015
» Recap: Asean stocks retreated last week, weighed down by worries over China's economic health after the world's second largest economy reported disappointing manufacturing data. The Thai market succumbed to selling pressure as new data showed the export slump deepening, pushing the main index below 1,500.
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China's bank heralds decline of US
News, Published on 24/03/2015
» Some events are epochal. The decision by Great Britain to join the Asian Infrastructure Investment Bank (AIIB) was one such event. It may have heralded the end of the American century and the arrival of the Asian century.
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Woman on a mission
Asia focus, Published on 09/03/2015
» As the number one destination for US investment in Asia and its fourth-largest export market worldwide, Asean has clear economic as well as strategic importance for Washington. The relationship moved to a new level in 2010 when the United States established a permanent mission to the Association of Southeast Asian Nations in Jakarta — separate from the US embassy to Indonesia.
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China eyes 2015 AIIB launch
Published on 03/01/2015
» China expected Asian Infrastructure Investment Bank (AIIB) will be operational before the end of 2015, the Chinese Finance Ministry says.
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Set recovers from manic monday with help from FED
Business, Published on 22/12/2014
» Recap: Global stock markets were jolted by further slide in oil prices early last week, but the US Federal Reserve's assurances on Wednesday that it would be "patient" about raising interest rates revived sentiment. The Thai stock market was also rattled further by an unspecified rumour that sent the SET index plunging 9.2% at one point on Monday — the biggest intraday fall since October 2008 — before bargain-hunting narrowed the loss. The SET said it found no irregularities in the slide, putting it down to panic selling.
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Wall street staggers but set powers past 1,600
Business, Published on 29/09/2014
» Recap: Wall Street pulled back last week after disappointing US durable goods orders suggested the recovery might be weaker than thought. However, the Thai stock market continued to march up and finally passed 1,600 points — a level not seen since May last year — on Friday on investor hopes that economic stimulus measures will soon take hold. Window-dressing as the quarter-end approaches also lent support.
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High speed rail coming to Laos
Jon Fernquest, Published on 11/04/2013
» Paying for high speed rail through Laos to China will take 80% of the Laos national budget but China govt banks will help with loans.
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