Thailand is the next big place for investing in emerging markets, especially the country’s banking stocks, Templeton Asset Management Managing Director Mark Mobius told CNBC Wednesday.
Last Friday, the closely-watched University of Michigan consumer confidence survey registered a disappointing reading of 64.6, when hopes had been for a 70 or so. But maybe it shouldn't have been a surprise, figuring that, during the month, energy prices were high (since reversed, of course), the stock market was struggling, and unemployment continued to rise.
While the technology sector struggled in global markets Thursday, experts tell CNBC there is big value there.
Global stocks declined Wednesday as grim data from China and the U.S. fueled concerns over the recovery of the global economy. Experts tell CNBC that although the economic slowdown is ongoing, the current rally still has some life in it.
The Singaporean dollar gained against its American counterpart Tuesday after the country's central bank announced it was effectively devaluing its currency after posting its worst quarterly economic contraction ever. Experts tell CNBC the gain is unlikely to last.
A Thai bank, a Dutch brewer and a US-based food-service provider are among the stock picks given by Wouter Weijand from Fortis Investments.
Global stocks, emerging market currencies and high-grade credit all benefited in the last month from a steady improvement in investors' risk tolerance.
Embattled Prime Minister Samak Sundaravej called the political crisis in Thailand a shameful embarrassment for the country but vowed not to resign or dissolve Parliament, saying Thursday it was his job to protect democracy.
Thailand's embattled leader struggled to keep the peace and his grip on power Tuesday after declaring a state of emergency that was openly flouted by thousands of anti-government protesters in the capital.
Thailand's prime minister declared a state of emergency in the capital Tuesday after street fighting overnight between opponents and supporters of the government left one man dead and dozens of people injured.
Emerging markets investment guru Mark Mobius told CNBC's Asia Squawk Box that he's bullish on Thailand as an investment destination long term. But he's also looking for a 20% to 30% correction in the market. Let's see whether the charts agree.
Several Thai politicians at an extended parliamentary debate on how to end anti-government protests joined demonstrators occupying the prime minister's office in calling for his resignation, but a confident Samak Sundaravej insisted he would keep the reins of power.
Thai Prime Minister Samak Sundaravej is set to unveil a new package of tax cuts and cash handouts on Tuesday in a bid to revive a struggling economy and his government's flagging popularity.
Just five months after a military junta handed back power through a parliamentary election, Thailand’s latest try at democracy is being severely tested by street demonstrations and a barrage of court cases.
Protests against surging fuel prices which have triggered fears of political instability and a global economic downturn expanded in Europe and Asia on Monday, and Colombian truckers said they would join the wave of strikes.
The governments of Thailand, Vietnam, Laos, Cambodia and Myanmar are weighing the creating of a rice exporting cartel.
Best Buy earnings Wednesday may offer a window into health of tech spending. What will they say about TV and computer sales and what does it mean for Corning, Dell and all the major players? Also the global markets trade.
Ousted Thai Prime Minister Thaksin Shinawatra returned home from exile on Thursday swearing to stay out of politics, although most analysts suspect he will be running the country from behind the scenes.
Thailand's rival political parties began battling Monday to cobble together a coalition government after loyalists of former Prime Minister Thaksin Shinawatra emerged victors but failed to gain an absolute majority in parliamentary elections.