How China's downturn is impacting southeast Asia

China’s economic growth for this year is projected by the International Monetary Fund to fall to 6.8 percent – its slowest pace of expansion in over two decades. The slowdown in China – which now accounts for about 15 percent of the global economic output – ...

Watching markets from the sidelines

As Chinese markets plunged 8.49 per cent on 24 August sending jitters across global indices, industry insiders were cautious about its potential spillover effects into Cambodia, suggesting a wait-and-watch approach to its impact on foreign investment, tourism and the construction sector. Jay Menon, lead economist for trade ...

Great fall of China sinks Thai, world stocks

Thai shares are heading towards a bear market after falling by 4.73% Monday in the deepening global equities rout. There are major concerns over an imminent US interest rate hike and the Chinese-led economic slowdown fuelled a continuing exodus from risky assets. Securities analysts warn the correction ...

Thai stocks dive in global sell-off

Thai shares are heading towards a bear market after falling by 4.73% on 24 August as the deepening global equities rout, concerns over an imminent US interest rate hike and the Chinese-led economic slowdown fuelled a continuing exodus from risky assets. Securities analysts warn the correction could continue ...

Vietnam stocks plunge as bank concerns trigger sharp sell-off

Vietnam’s stocks just had a rough week after bad news kept hitting the markets, prompting many investors to dump a large number of bank shares amid a broad sell-off.  The benchmark VN-Index dropped to 556.30 at the 3 p.m. close on 21 August, shedding nearly 17 ...

Vietnam stock index enters correction amid concern about exports

Vietnam’s stocks slid the most in more than three months to enter correction territory amid concern the nation’s exports will be hurt by yuan devaluation.   The VN-Index slumped for a fifth day, losing 2.7 percent to 573.15 at the 3 p.m. close and extending losses to ...

Vietnam index drops to below 600 points amid devaluation fear

The Vietnam Stock Index or VN-Index slumped for four straight days amid currency devaluation fear, closing at 589.03 points on 14 August. According to stock experts, the decisions of China’s central bank to devalue the Chinese yuan and the decision of Vietnam’s central bank to widen the exchange ...

Foreigners flee Thai stocks

Foreign investors are selling Thai stocks at the fastest pace this year as the nation’s military government struggles to deliver on pledges to revive economic growth. Overseas funds unloaded a net $774 million of Thai shares in July as the benchmark Stock Exchange of Thailand Index ...

Megaprojects biggest risk seen

Fund managers estimate the Stock Exchange of Thailand index will hover between 1,350 and 1,559 points this year, with public investment in infrastructure projects the biggest risk factor. The big question is whether the government will be able to invest in infrastructure projects as planned, said ...

Vietnam regulator pledges measures to lure foreigners to stocks

Vietnam’s securities regulator is planning new measures to lure more foreign investors to the stock market.   The government wants to speed account-opening procedures for overseas investors, accelerate the share-listing process, cut the trading settlement period, and force listed companies to release information in both Vietnamese and ...

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