Dow plunges 531 points
August 23, 2015
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Dow plunges 531 points

The Dow Jones industrial average fell 530.94 points, or 3.12 per cent, to 16,459.75.

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Bolt beats Gatlin to win 100m gold
August 23, 2015
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Sports

Bolt beats Gatlin to win 100m gold

De Grasse conjured up his personal best to take the Bronze ahead of another American…

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Usain Bolt runs a sub 10 second 100m heat in second gear
August 23, 2015
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Sports

Usain Bolt runs a sub 10 second 100m heat in second gear

New world athletics boss Sebastian Coe will privately be breathing a sigh of relief that…

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Usain Bolt recovers from poor start to edge semi-final
August 23, 2015
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Sports

Usain Bolt recovers from poor start to edge semi-final

Stocks post worst week in years on China fears
August 23, 2015
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Business

Stocks post worst week in years on China fears

The steep decline over two days threatens to end what has been a six-year bull…

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China Devalues Currency For Third Day
August 22, 2015
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Business

China Devalues Currency For Third Day

The bank described such reports as “completely baseless” as China’s export surplus is very big.

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International Monetary Fund Will Not Include Yuan in Reserve Currency Basket Until October 2016
August 22, 2015
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Business

International Monetary Fund Will Not Include Yuan in Reserve Currency Basket Until October 2016

Global markets spun into turmoil, even though the yuan stabilized. China strictly controls its currency…

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People’s Bank of China (PBOC) sets yuan reference rate at 6.3915
August 21, 2015
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Business

People’s Bank of China (PBOC) sets yuan reference rate at 6.3915

The People’s Bank of China (PBOC), the central bank, pumped 120 billion yuan (18 billion…

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Growth data hit European stocks as oil drops to 6 year lows
August 21, 2015
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Business

Growth data hit European stocks as oil drops to 6 year lows

The central bank put the yuan’s central parity rate at 6.4010 yuan for $US1, the…

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China Resumes Slide, Leading Asian Shares Lower
August 21, 2015
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Business

China Resumes Slide, Leading Asian Shares Lower

Shares in China and Hong Kong fell yesterday as the yuan eased against the dollar,…

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