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Showing 61-70 of 139 results

  • News & article

    Worries about korea and france keep trade subdued

    Business, Published on 24/04/2017

    » Recap: Global stock markets were subdued earlier last week amid concerns over mounting geopolitical tension on the Korean peninsula and Sunday's first-round presidential election in France. However, sentiment for risk assets improved later as optimism spread about US tax reform. The Thai stock market moved back and forth amid a dearth of positive catalysts.

  • News & article

    Syria and Trump-Xi talks keep investors on sidelines

    Business, Published on 10/04/2017

    » Recap: Markets were rattled late last week after US cruise missiles struck a Syrian air base, while global investors moved to the sidelines pending the outcome of talks between US President Donald Trump and Chinese President Xi Jinping. Safe-haven assets such as the yen and gold soared and oil prices also surged. The formal promulgation of the country's 20th constitution, ensuring an election sometime late next year, helped keep the Thai stock market in a rangebound trade.

  • News & article

    Hawkish fed tone rattles asia, But only briefly

    Business, Published on 19/12/2016

    » Recap: Hawkish signals from the US Federal Reserve of a faster pace of policy tightening next year weighed on Asian stock markets last week. Most recovered late in the week after investors concluded the reaction had been overdone. Anticipation of a year-end spending spree by consumers lured by tax breaks kept the Thai bourse steady.

  • News & article

    Asian shares drift lower in thin Pre-Holiday trade

    Business, Published on 26/12/2016

    » Recap: The oil price retreat and lack of positive market-moving factors weighed on Asian stocks last week. Thai shares also tracked the fall in the regional bourses, but buying in tax-saving funds ahead of the year-end limited the downside.

  • News & article

    Stocks gyrate as traders ponder life under Trump

    Business, Published on 14/11/2016

    » Recap: Global stock markets yo-yoed last week in response to Donald Trump's surprising US presidential election victory. US equities rose to record highs, led by financials, on expectations of lighter regulation and higher spending. But most markets elsewhere sank on concern that Mr Trump's stance against free trade and immigration could curb economic growth and increase geopolitical uncertainty. They also fear his spending plans will push up inflation, possibly triggering more aggressive rate increases by the Federal Reserve and prompting capital outflows from emerging markets.

  • News & article

    Dollar revival takes shine off asia stocks

    Business, Published on 14/02/2017

    » Recap: Asian markets fell early last week amid worries about Donald Trump's protectionist stance, uncertainty about France's political outlook, another crisis brewing in Greece and falling oil prices. However, sentiment picked up following Wall Street's climb to record highs after President Trump said he planned to overhaul business taxes. The Thai stock market see-sawed, with profit-taking keeping the SET Index in check while buying ahead of corporate earnings and dividend season limited the downside.

  • News & article

    PromptPay picks up among consumers

    Business, Pawee Sirimai, Published on 08/02/2017

    » PromptPay's consumer-to-consumer (C2C) platform, an electronic funds transfer service under the national e-payment scheme, got off to a tepid start but usage is on the rise.

  • News & article

    Trump tantrums keep traders on edge, SET dips

    Business, Nuntawun Polkuamdee, Published on 06/02/2017

    » Recap: World stock markets retreated as investors shied away from riskier assets over renewed concerns about US President Donald Trump's controversial ban on refugees and travellers from seven Muslim-majority countries and protectionist rhetoric that fanned fears of a global trade war. Buying ahead of corporate earnings releases and hopes for dividend payments cushioned the Thai stock market against a steep fall.

  • News & article

    Set moves ahead as dow hits 20,000 point milestone

    Business, Published on 30/01/2017

    » Recap: The Dow Jones Industrial Average last week crossed the 20,000 mark for the first time, lifting Thai shares by 1% on Thursday to a two-year high before rally slowed at the end of the week. European equities slipped and trading in Asia was subdued because of the Lunar New Year holidays.

  • News & article

    US elections to strengthen dollar

    Business, Published on 21/09/2016

    » The baht is expected to retreat to 36 to the dollar in the next 6-12 months on anticipation the greenback will strengthen after the US presidential election in November, say strategists at Credit Suisse.

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