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Search Result for “Drought”

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BUSINESS

Global shares mixed, Set has worst week of year

Business, Published on 12/09/2016

» Recap: Global stock markets rallied last week, propelled by fading prospects for a US rate increase this month and upbeat Chinese import data. However, markets sank on Friday after North Korea reported a nuclear test and a senior Federal Reserve official said waiting much longer to raise rates could hurt the US recovery.

BUSINESS

Rate cuts, stimulus moves help propel global stocks

Business, Published on 08/08/2016

» Recap: An interest-rate cut and new quantitative easing plans by the Bank of England, along with additional stimulus in Japan, helped propel global stock markets last week. In the US, stocks jumped on Friday in response to healthy employment data, which helped offset a weak manufacturing report earlier.