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Search Result for “1MDB”

Showing 1 - 10 of 12

BUSINESS

Chinese and European shares gain as dollar slides

Business, Nuntawun Polkuamdee & Darana Chudasri, Published on 01/08/2020

» Recap: Chinese stocks edged up and European shares recovered from their lowest levels in a month, while Asian currencies were on course to end July with their best performance in months, as the US dollar tumbled on worries over a second Covid-19 outbreak derailing the US economic recovery.

BUSINESS

Global shares mixed, SET gains on lockdown easing

Business, Nuntawun Polkuamdee & Darana Chudasri, Published on 16/05/2020

» Recap: Global stock markets ended the week on a mixed note as investors digested Donald Trump's remark about cutting ties with China over the Covid-19 pandemic. Local shares, however, were buoyed by the confirmation of eased lockdown measures starting tomorrow.

BUSINESS

Goldman Executive Exits After He Is Barred From Banking Over 1MDB Scandal

Business, Liz Hoffman & Andrew Ackerman, Published on 06/02/2020

» A senior Goldman Sachs Group Inc. executive left the firm after the Federal Reserve punished him for his role in a Malaysian corruption scandal that has tarnished Goldman's reputation.

BUSINESS

Trade optimism lifts world stocks again

Business, Nuntawun Polkuamdee & Darana Chudasri, Published on 16/11/2019

» Recap: Hopes of a trade deal between Washington and Beijing sent world stock markets and other risk assets higher on Friday, though an escalating wave of global protests from Hong Kong to Chile left some deep scars.

BUSINESS

Political dramas keep equity investors on edge

Business, Nuntawun Polkuamdee and Darana Chudasri, Published on 07/09/2019

» Recap: Global stock markets were subdued in a roller-coaster week highlighted by political dramas happening in Britain, Italy and Hong Kong, with all eyes fixed on the progress of US-China trade talks.

BUSINESS

Investors hopeful of easing trade friction

Business, Nuntawun Polkuamdee and Darana Chudasri, Published on 31/08/2019

» Recap: Asian and European shares rallied on Friday as investor confidence was restored following China's reassurance of no retribution when new American tariffs take effect tomorrow. Sources in Washington say negotiations are still expected to take place sometime in September. Analysts expect US President Donald Trump will want to strike a trade deal with Beijing soon in order to improve his 2020 re-election chances.

BUSINESS

Hopeful investors await Fed chief's comments

Business, Nuntawun Polkuamdee and Darana Chudasri, Published on 24/08/2019

» Recap: Global stock markets rose yesterday as investors awaited a speech by US Federal Reserve Governor Jerome Powell for hints of future monetary policy direction, while minutes from the Fed's July meeting showed policymakers were reluctant to make aggressive rate cuts.

BUSINESS

Rate-cut hopes keep equities on upward path

Business, Nuntawun Polkuamdee and Darana Chudasri, Published on 29/06/2019

» Recap: Global stock markets continued to respond positively based on expectations of lower interest rates, while keeping an eye on tensions over Iran and prospects for trade talks between the US and Chinese leaders at this weekend's G20 Summit.

BUSINESS

Shares revive but Brexit turmoil batters pound, euro

Business, Nuntawun Polkuamdee & Darana Chudasri, Published on 17/11/2018

» Recap: Most Southeast Asian stock markets rose on Friday amid hopes of a thaw in Sino-US trade relations, after tech shares and banks led a modest revival on Wall Street the day before. European stocks also recovered, but sterling and the euro remained fragile amid the turmoil surrounding the release of the draft Brexit agreement.

BUSINESS

Trade fears hit global shares but SET stays above 1,600

Business, Nuntawun Polkuamdee and Darana Chudasri, Published on 07/07/2018

» Recap: The global trade war remains as an agonising concern among capital markets worldwide as retaliatory tariffs between the US and China took effect on Friday. Flagging investor sentiment is reflected in continuous volatility, with heavy foreign sell-offs seen in emerging markets.