Author Archives: admin

ECB’s Draghi Says October Decisions To Preserve Monetary Stimulus

Eurozone’s economic recovery remains strong, but inflation is yet to show a sustained upward trend, and the European Central Bank’s decision in October to reduce the size of asset purchases and continue them for another nine months will ensure that the economy is supported by the right amount of monetary stimulus, ECB President Mario Draghi said Monday.

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Thai GDP Rises Most Since Early 2013

Thailand’s economy grew at the fastest pace in more than four years in the third quarter, largely driven by foreign demand and tourism. Gross domestic product expanded 4.3 percent year-on-year, bigger than the revised 3.8 percent growth posted a quarter ago, data from the National Economic and Social Development Board showed Monday.

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