BUSINESS

China rate cut spurs stocks but set struggles

Business, Nuntawun Polkuamdee, Published on 18/05/2015

» Recap: China's interest-rate cut by 25 basis points, the third in six months, propelled Asian stock markets early last week. However, sentiment turned sour amid renewed worries over the world's second largest economy following weak economic data, and Greece's precarious finances.