Asian Stocks Stabilize as China Yuan Turmoil Subsides
August 13, 2015
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Business

Asian Stocks Stabilize as China Yuan Turmoil Subsides

China is the world’s second-largest economy, but its exports have dropped and some interpreted the…

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China cuts yuan rate more than 1% against dollar
August 13, 2015
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Business

China cuts yuan rate more than 1% against dollar

That leaves the U.S. government in an “awkward and difficult” position, said Eswar Prasad, a…

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US congratulates Beijing on winning Winter Olympics bid
August 13, 2015
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World

US congratulates Beijing on winning Winter Olympics bid

At least 44 dead after explosions rock Chinese City of Tianjin
August 13, 2015
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World

At least 44 dead after explosions rock Chinese City of Tianjin

At least 12 firefighters are amongst the dead, China’s state Xinhua news agency said, and…

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US, world stocks steady as China soothes yuan weakness fears
August 13, 2015
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Business

US, world stocks steady as China soothes yuan weakness fears

Another drop in China’s currency shook markets around the world for a second straight day…

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China Devalues Yuan For Third Time In Three Days
August 13, 2015
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Sports

China Devalues Yuan For Third Time In Three Days

China’s currency extended its loss in value on Wednesday, a day after the central bank’s…

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Officials say at least 13 dead in China port explosions
August 13, 2015
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World

Officials say at least 13 dead in China port explosions

A PSA spokesperson said: “Operations at PSA’s joint venture container terminals in Tianjin were not…

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China allows its currency to drop for a third day
August 13, 2015
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Business

China allows its currency to drop for a third day

Sources told Reuters that the move to devalue the yuan reflects a growing clamour within…

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China’s Currency Move Could Fuel These Five Billionaire-Owned Chinese Stocks
August 13, 2015
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Business

China’s Currency Move Could Fuel These Five Billionaire-Owned Chinese Stocks

China does not need a currency freefall. The yuan has since devalued more than 3%…

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Yuan falls to 4-year low in Wednesday trading
August 13, 2015
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Business

Yuan falls to 4-year low in Wednesday trading

PBoC’s Deputy Governor Yi also said there was “no basis for a persistent weakening in…

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