China rushes to calm fears over plunging yuan
August 13, 2015
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Business

China rushes to calm fears over plunging yuan

“This action is both an endeavour to make the yuan more plausible, credible candidate to…

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Beijing wins bid to host 2022 winter Olympics
August 13, 2015
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World

Beijing wins bid to host 2022 winter Olympics

Though it wasn’t mentioned, it seems that aside from the fact that Beijing has a…

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International Monetary Fund Welcomes China’s New Yuan Mechanism, No Impact on SDR Push
August 13, 2015
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Business

International Monetary Fund Welcomes China’s New Yuan Mechanism, No Impact on SDR Push

But the rate will now be based on overnight global market developments and how the…

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Kerry warns of consequences if US Congress rejects Iran deal
August 13, 2015
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World

Kerry warns of consequences if US Congress rejects Iran deal

After a speech in New York on Tuesday, Schumer said fellow Democrats understand where he…

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Google relabels its empire with Alphabet soup
August 13, 2015
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Business

Google relabels its empire with Alphabet soup

The founders of Google have launched a new company in an effort to be cleaner…

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China central bank says no basis for further yuan depreciation, will monitor
August 13, 2015
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Business

China central bank says no basis for further yuan depreciation, will monitor

Mumbai, August 12: China’s move to devalue its currency took its toll on the rupee…

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Fed Member Says China’s Currency Move Appropriate
August 13, 2015
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Business

Fed Member Says China’s Currency Move Appropriate

Someone should explain to the People’s Bank of China (PBOC) that you can not prompt…

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No basis for further depreciation: China’s central bank
August 13, 2015
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World

No basis for further depreciation: China’s central bank

The yuan will be maintained at a “roughly” stable level, a level that is “balanced”…

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Beijing Chosen to Host 2022 Olympic Winter Games
August 13, 2015
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Sports

Beijing Chosen to Host 2022 Olympic Winter Games

The worldwide Olympic Committee voted to make Beijing the first city to host both the…

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US Stocks Poised for Another Tumble on China Worries
August 12, 2015
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Business

US Stocks Poised for Another Tumble on China Worries

Markets around the world fell for a second day on Wednesday, with stocks, the dollar…

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