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Showing 1-10 of 25 results

  • BUSINESS

    Set recovers from manic monday with help from FED

    Business, Published on 22/12/2014

    » Recap: Global stock markets were jolted by further slide in oil prices early last week, but the US Federal Reserve's assurances on Wednesday that it would be "patient" about raising interest rates revived sentiment. The Thai stock market was also rattled further by an unspecified rumour that sent the SET index plunging 9.2% at one point on Monday — the biggest intraday fall since October 2008 — before bargain-hunting narrowed the loss. The SET said it found no irregularities in the slide, putting it down to panic selling.

  • 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 and Fed set tone as global shares head south

    Business, Published on 16/11/2015

    » Recap: Downbeat data out of China and the growing possibility of a US Federal Reserve interest-rate increase jolted global stock markets last week. The costly 1800-megahertz spectrum auction and softer oil prices also weighed on the Thai stock market.

  • BUSINESS

    World food prices fall in November

    Business, Published on 04/12/2015

    » ROME: World food prices fell in November for the first time in three months, pulled down by a strong dollar and ample supplies, the United Nations food agency said yesterday.

  • BUSINESS

    Global shares sink in bad case of China syndrome

    Business, Published on 11/01/2016

    » Recap: The new year got off to a miserable start as China suspended share trading twice, the yuan slid to a five-year low, and weak manufacturing and services data in the world's second-largest economy rattled traders everywhere including Thailand.

  • THAILAND

    Urumqi flights begin quietly

    Business, Published on 28/01/2016

    » China Southern Airlines has established the first direct air link between Bangkok and Urumqi, the capital of China's Xinjiang region.

  • BUSINESS

    Hands off AccorHotels, Chinese told

    Business, Reuters, Published on 08/06/2016

    » PARIS: Europe's largest hotel group AccorHotels, which wants to limit a push by Chinese shareholder Jin Jiang International (Holdings) Co Ltd to increase its stake, should maintain a diverse group of shareholders, French President Francois Hollande said on Monday.

  • BUSINESS

    Sset steady above 1,500 in mixed week for equities

    Business, Published on 25/07/2016

    » Recap: US stocks closed out their fourth straight week of gains but European markets were mostly flat, amid concerns ranging from Brexit to the future of Turkey following a failed coup attempt. Japan slid back amid indications that central bank stimulus might not be as aggressive as traders had hoped for.

  • BUSINESS

    Scotiabank shelves TBank divestment

    Business, Somruedi Banchongduang, Published on 07/09/2016

    » Bank of Nova Scotia (Scotiabank), Canada's third largest lender by assets, has shelved plans to sell up to a 49% stake in Thanachart Bank (TBank) because of the fragile global economic recovery, according to a source in the banking circle.

  • BUSINESS

    How long can Opec talk up oil prices?

    Business, Published on 14/10/2016

    » Not a day passes lately without Opec making oil and gas headlines. Seemingly in lockstep with Opec, the market is once again pacified on the promise that changes to the global oil supply glut are coming.

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