The IMF’s China Power Play
August 21, 2015
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Business

The IMF’s China Power Play

Beijing also seeks to have the yuan included in the IMF’s basket of special drawing…

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IMF Board Sets Sept. 2016 as Earliest Yuan Can Join SDR Basket
August 21, 2015
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Business

IMF Board Sets Sept. 2016 as Earliest Yuan Can Join SDR Basket

The fund’s executive board approved an extension of the current basket of reserve currencies including…

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China stocks slip amid global market weakness, concerns over China’s economy
August 21, 2015
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World

China stocks slip amid global market weakness, concerns over China’s economy

Like George Soros who sold his stocks to Alibaba an e-commerce giant more like Chinese…

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Chinese shares trade lower again after days of volatility
August 21, 2015
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Business

Chinese shares trade lower again after days of volatility

Most sectors in Hong Kong fell, with energy and consumer goods leading the declines. Hong…

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Shanghai index falls further, other Asian markets lower
August 20, 2015
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Business

Shanghai index falls further, other Asian markets lower

“Another tumble by the Shanghai Composite merely reinforced the idea that the Chinese government is…

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US Stocks Open Lower, in Line With Global Declines
August 20, 2015
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Business

US Stocks Open Lower, in Line With Global Declines

China’s richest traders flee stocks
August 20, 2015
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Business

China’s richest traders flee stocks

The Shanghai Stock Exchange Composite Index opened Wednesday’s trading session in a continuation of Tuesday’s…

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International Monetary Fund decides to extend current SDR currency basket until September 2016
August 20, 2015
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Business

International Monetary Fund decides to extend current SDR currency basket until September 2016

Chinese central bank warns of continuing changes
August 20, 2015
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Business

Chinese central bank warns of continuing changes

Worries about the situation in China also weighed on the markets following a sell-off by…

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Asian stocks recover from two-day decline after China devaluation move
August 20, 2015
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Business

Asian stocks recover from two-day decline after China devaluation move

China’s central bank said on Thursday that its currency would remain strong in the long…

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