Showing 71 - 80 of 144
US politics dent sentiment but energy shares lift set
Business, Published on 22/05/2017
» Recap: Asian stock markets retreated in response to a ballooning political crisis in Washington, with reports that President Donald Trump tried to interfere with an investigation into his campaign's links with Russia before firing his FBI chief. The Thai stock market outperformed a bit as buying in heavyweight energy stocks offset a selling spree in banks expected to be hurt by lending rate cuts.
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.
Regime TV show must address the real issues
News, Soonruth Bunyamanee, Published on 07/06/2017
» In a bid to ensure the public is well-informed about the government's work and accomplishments over the past three years, Prime Minister Prayut Chan-o-cha ordered a 12-episode special television series which kicked off on Sunday.
Mixed economic signals keep Asian shares drifting
Business, Published on 03/04/2017
» Recap: Asian investors continued to tread cautiously last week amid mixed economic signals. Better-than-expected US economic growth data and solid industrial output readings from China and Japan bolstered sentiment, but a hawkish view on interest rates by some US Federal Reserve governors and uncertainty about President Donald Trump's tax reforms and spending plans after his healthcare fiasco pressured stocks. In Thailand a buying spree by foreign investors helped boost the index but profit-taking capped gains.
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.
Rate cuts, stimulus moves help propel global stocks
Business, Published on 08/08/2016
» Recap: An interest-rate cut and new quantitative easing plans by the Bank of England, along with additional stimulus in Japan, helped propel global stock markets last week. In the US, stocks jumped on Friday in response to healthy employment data, which helped offset a weak manufacturing report earlier.
'I am confident about 2017'
Business, Chatrudee Theparat, Published on 09/01/2017
» The military government brought in Somkid Jatusripitak to lead the regime's economic team in 2015, as the country was struggling with internal politics and global economic downturn.
Cautious tone from fed gives big lift to stocks
Business, Nuntawun Polkuamdee, Published on 04/04/2016
» Recap: The cautious tone of Federal Reserve Chair Janet Yellen's comments on the global economy that lessened prospects for a US interest-rate increase triggered a global stock market rally last week. Positive investor response to her views also pushed the Thai stock market back above 1,400 points.
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.
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.