Asian shares bounce back from 2-year lows, dollar firm
August 26, 2015
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Business

Asian shares bounce back from 2-year lows, dollar firm

Property stocks aided yesterday’s turnaround, with the CSI China mainland real estate index rising 2.2…

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FTSE dips below 6000 on ‘Black Monday’ for global markets
August 26, 2015
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Business

FTSE dips below 6000 on ‘Black Monday’ for global markets

RSA Insurance Group Plc and Royal Bank of Scotland Group Plc were the only stocks…

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FTSE 100 loses £74bn amid China markets woe
August 26, 2015
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Business

FTSE 100 loses £74bn amid China markets woe

In Asia, the Shanghai Composite Index slid 8.5% and Hong Kong’s Hang Seng Index fell…

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China market slump: Central bank cuts interest rates
August 25, 2015
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Business

China market slump: Central bank cuts interest rates

The one-year lending rate will drop by 25 basis points to 4.6 per cent effective…

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Devaluation of Chinese Yuan to worsen cedi’s plight
August 25, 2015
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Business

Devaluation of Chinese Yuan to worsen cedi’s plight

Spot silver was up 0.7% at $15.31 an ounce, platinum slipped by 0.2% to $986.75…

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Dollar Rebounds Despite 3rd PBOC Intervention
August 25, 2015
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Business

Dollar Rebounds Despite 3rd PBOC Intervention

The yuan, halted a three-day slide after the central bank soothed market sentiments on Thursday,…

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China slashes interest rates to back economy
August 25, 2015
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Business

China slashes interest rates to back economy

The government has in recent months rolled out a flurry of steps to try to…

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China injects $100b into banks to help spur economy
August 25, 2015
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Business

China injects $100b into banks to help spur economy

His optimism may also be based on the fact that the nation’s current account hit…

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Chinese stocks dive again for 4th straight day
August 25, 2015
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World

Chinese stocks dive again for 4th straight day

The Nasdaq Composite dropped 179.79 points, or 3.82 percent, to 4,526.25, also in correction. The…

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China’s central bank injects 120 bln into market
August 25, 2015
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Business

China’s central bank injects 120 bln into market

“But in competitive devaluation, one country gains at the expense of the other”. Some members…

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