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Search Result for “Drought”

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BUSINESS

Late rally dispels gloom from weak Chinese GDP

Business, Published on 26/10/2015

» Recap: Global stock markets rallied late last week after the European Central Bank hinted at more stimulus and some top US corporations reported healthy earnings. The mood had been downbeat earlier after China reported third-quarter GDP growth below 7% for the first time since the 2008 global crisis. However, investors remain cautious ahead of this week's US Federal Reserve meeting.

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BUSINESS

Global slowdown, local woes push down stocks

Business, Published on 27/07/2015

» Recap: Downbeat manufacturing data from China and the euro zone rattled global stock markets and sank gold prices to a five-year low last week. Concerns over Thailand's dimming economic prospects in the second half also pushed down local shares.