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Search Result for “evergrande”

Showing 1 - 10 of 27

BUSINESS

Regional shares advance after Wall Street rally

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 30/08/2025

» RECAP: Most Asian stocks edged higher on Friday, riding a tech-driven rally on Wall Street, while mounting expectations for a US interest rate cut next month prompted investors to rotate back into riskier regional assets.

BUSINESS

Jitta Wealth touts beaten down Chinese stock funds

Business, Nuntawun Polkuamdee, Published on 16/02/2024

» Foreign mutual funds that invest in China have posted negative returns as the property crisis drags on, but analysts believe the mainland still holds long-term investment potential as prices of quality stocks there have fallen to the lowest level in five years.

BUSINESS

Asian shares advance after US tech rally

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 03/02/2024

» RECAP: Most Asian markets advanced yesterday amid a rebound in US shares after impressive results from tech giants. But Chinese stocks fell on disappointment with the limited impact of state policy support measures to revive the economy.

BUSINESS

Asian equities rise amid expected rate relief

Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 04/11/2023

» RECAP: Stocks and currencies in Asia gained in line with a weakening of the US dollar, as traders embraced riskier assets on prospects the Federal Reserve's tightening cycle is nearing an end.

BUSINESS

Golden Week optimism buoys most Asian markets

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 30/09/2023

» RECAP: Stocks rose yesterday in most Asian markets on the last trading day of the quarter amid optimism over spending during China's Golden Week holiday and reports of a possible summit between US and Chinese leaders.

BUSINESS

Chinese measures cheer investors

Business, Nuntawun Polkuadee and Nareerat Wiriyapong, Published on 02/09/2023

» RECAP: Asian shares edged higher yesterday as China stepped up efforts to support the property sector and stabilise the yuan, though investors remained cautious ahead of US jobs data that could influence interest rates.

PROPERTY

Hoteliers unfazed by China's property woes

Business, Molpasorn Shoowong, Published on 24/08/2023

» Thai hotel companies are to forge ahead with their expansion plans as they remain unfazed by mainland China's real estate slump, though purchasing power must be monitored for any declines, according to Dusit International.

BUSINESS

China worries send Asian shares lower again

Business, Nuntawun Polkuamdee and Darana Chudasri, Published on 19/08/2023

» RECAP: Shares in Asia continued to decline yesterday against the backdrop of worries about the Chinese economy and property sector and higher global interest rates.

BUSINESS

Evergrande debt plan put to the test

Business, Clare JimXie Yu, Published on 28/04/2023

» HONG KONG: Embattled property developer China Evergrande Group expected a signal on Thursday of the level of creditor backing for its offshore debt restructuring proposal, with investors to be given an incentive for early support.

BUSINESS

Lingering bank worries keep lid on Asian shares

Business, Nuntawun Polkuamdee, Published on 25/03/2023

» RECAP: Asian shares came under pressure yesterday after lingering banking stability concerns gripped Wall Street, while bond markets bet that recent rate hikes by central banks will be among the last of the cycle, allowing for policy relief later in the year.