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BUSINESS

Oil collapses to four-year low

AFP, Published on 28/11/2014

» LONDON - Global oil prices plunged Friday to yet another four-year low after the Opec oil producing cartel decided to maintain crude output in an oversupplied market, dealers said.

BUSINESS

Eurozone inflation returns to five-year low

AFP, Published on 28/11/2014

» Inflation in the eurozone returned to a five-year low, official data showed on Friday, raising pressure on the European Central Bank to unveil even more steps to fight the threat of deflation.

BUSINESS

Industrial output may contract by 4%

Online Reporters, Published on 28/11/2014

» Industrial output may shrink by 4% this year following a 5.1% decline from January to October while industrial gross domestic product could contract in a range between 1.5% and 2%.

BUSINESS

SET closes down 5.91 to 1,593.91

Published on 28/11/2014

» Thai stocks fell 0.4% on Friday as the plunge in world oil prices pushed down energy shares which account for about 20% of local market capitalisation.

BUSINESS

Asian energy stocks sink, airlines rise

AFP, Published on 28/11/2014

» HONG KONG — Shares in energy firms tumbled Friday after oil prices hit four-year lows in reaction to Opec's decision to ignore calls for an output cut, although the prospect of cheaper fuel sent airlines surging.

BUSINESS

SET down 1.45 to 1,598.37 at noon

Online Reporters, Published on 28/11/2014

» The Stock Exchange of Thailand's main index closed down 0.09% or 1.45 points to 1,598.37 on Friday.

BUSINESS

Lacklustre Japan data paints gloomy picture for Abenomics

AFP, Published on 28/11/2014

» Japan released a string of lacklustre economic data Friday, with inflation hitting its lowest level in a year, dealing another blow to Tokyo's attempts to conquer years of falling prices and tepid growth.

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BUSINESS

TrueVisions preps family plans

Business, Saengwit Kewaleewongsatorn, Published on 28/11/2014

» Pay TV operator TrueVisions expects to double its revenue to 20 billion baht within two years through the expansion of its subscriber base and advertising revenue.

BUSINESS

SET down 5.60 to 1,594.22 points

Online Reporters, Published on 28/11/2014

» Thai stocks opened down 0.35% at the start of trade this morning.

BUSINESS

Gold prices down B100 to B18,500

Online Reporters, Published on 28/11/2014

» The Gold Traders Association this morning announced buying prices at 18,131.36 baht per baht-weight for gold ornaments and 18,400 baht per baht-weight of gold bar.