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  • TECH

    Wall street staggers but set powers past 1,600

    Business, Published on 29/09/2014

    » Recap: Wall Street pulled back last week after disappointing US durable goods orders suggested the recovery might be weaker than thought. However, the Thai stock market continued to march up and finally passed 1,600 points — a level not seen since May last year — on Friday on investor hopes that economic stimulus measures will soon take hold. Window-dressing as the quarter-end approaches also lent support.

  • BUSINESS

    Set stalls despite high turnover, global optimism

    Business, Published on 10/11/2014

    » Recap: US and European markets surged last week. The Dow Jones Industrial Average hit a new high, buoyed by signals from the European Central Bank (ECB) signal that it stands ready to introduce more economic stimulus measures if necessary.

  • BUSINESS

    Little movement on set Amid Global fluctuations

    Business, Nuntawun Polkuamdee, Published on 17/11/2014

    » Recap: Global and Asian stock exchanges fluctuated last week due to a lack of positive factors to bolster sentiment. The SET Index moved in a narrow range of 1,555.78 and 1,580.92 points and closed at 1,575.88, down 0.16% from the previous week, on brisk average daily turnover of 52.62 billion baht. Foreign investors were net buyers of 960 million baht and brokers bought 1.33 billion more than they sold. Institutions were net sellers of 510 million baht and retail investors pulled 2.11 billion out of market.

  • BUSINESS

    Swiss surprise caps volatile trading week

    Business, Published on 19/01/2015

    » Recap: Global bourses felt strong selling pressure from the downward spiral of oil prices and the unexpected scrapping of a cap on the Swiss franc against euro, before staging a relief rally on Friday.

  • BUSINESS

    HSBC's unit 'helped clients dodge taxes'

    Business, Published on 10/02/2015

    » Geneva: Banking giant HSBC Holdings Plc faced damaging claims yesterday that its Swiss division helped wealthy customers dodge millions of dollars in taxes after a 'SwissLeaks' cache of secret files emerged online.

  • BUSINESS

    Quiet week for stocks ahead of Greek deal Deal

    Business, Published on 23/02/2015

    » Recap: Global stock markets shrugged off anxiety over Greece's debt problems before a resolution late Friday spurred Wall Street to new highs. With most markets in Asia closed for Lunar New Year, the Thai stock market fell slightly on profit-taking after failing to breach the resistance at 1,620 points.

  • BUSINESS

    SET drifts as global stocks rise on Greek relief

    Business, Published on 02/03/2015

    » Recap: Greece's bailout extension propelled global stock markets, with some hitting multi-year records. However, investors in the Thai stock market shrugged off the positive news and jumped on the sell-off bandwagon on disappointing earnings.

  • BUSINESS

    Stocks rally on FED signal but SET fails to respond

    Business, Published on 23/03/2015

    » Recap: Global stock markets rallied strongly and foreign fund flows returned to risky asset classes including equities after the US Federal Reserve signalled that it would not start raising its interest rates until later this year, easing concerns of an increase as soon as June.

  • BUSINESS

    China slowdown threatens Thai exports

    Business, Pathom Sangwongwanich, Published on 14/07/2015

    » The Monetary Policy Committee (MPC) has cautioned that China's worse-than-expected economic slowdown could pose further downside risks to the already struggling Thai economy.

  • BUSINESS

    Is another global crisis looming?

    Business, Pathom Sangwongwanich, Published on 02/06/2016

    » With a substantial amount of accumulated debt and banks becoming more vulnerable to loan delinquency, the global economic recovery remains in murky territory and another financial crisis cannot be ruled out, says an executive at an international investment management firm.

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