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

Continue Reading →

Dow takes steep dive at opening
August 25, 2015
Permalink
World

Dow takes steep dive at opening

U.S. stock markets plunged as the trading day began, with many wondering how long the…

Continue Reading →

Advertisement

Worldwide stock market fears
August 25, 2015
Permalink
Business

Worldwide stock market fears

The Chinese government was reported to have pumped more liquidity into the market on Tuesday…

Continue Reading →

Oil prices fall as equity markets plunge
August 25, 2015
Permalink
Business

Oil prices fall as equity markets plunge

Rupee falls against US dollar; hits fresh 2-year low
August 25, 2015
Permalink
Business

Rupee falls against US dollar; hits fresh 2-year low

“If the rupee trades at 68-70 per dollar on a sustained basis, it may reduce…

Continue Reading →

Advertisement

Australia shares hit 1-1/2 yr low rattled by China
August 25, 2015
Permalink
World

Australia shares hit 1-1/2 yr low rattled by China

Australian Treasurer Joe Hockey stated that although markets would stay risky for some time, the…

Continue Reading →

China Cuts Interest Rates, Reserve Ratio Amid Market Slump
August 25, 2015
Permalink
Business

China Cuts Interest Rates, Reserve Ratio Amid Market Slump

Stocks surged Tuesday morning on Wall Street, erasing some of the heavy losses of a…

Continue Reading →

Dollar Plunges Against Major Currencies, All Eyes on Federal Reserve
August 25, 2015
Permalink
Business

Dollar Plunges Against Major Currencies, All Eyes on Federal Reserve

European stocks opened more than 3 percent in the red after their Asian counterparts slumped…

Continue Reading →

China Stocks Tumble; Other Asian Markets Start to Find Footing
August 25, 2015
Permalink
World

China Stocks Tumble; Other Asian Markets Start to Find Footing

Singapore-based Daniel Martin, senior Asia economist for research firm Capital Markets, says China’s economy is…

Continue Reading →

Global markets rebound as China cuts rates to help economy
August 25, 2015
Permalink
Business

Global markets rebound as China cuts rates to help economy

The US central bank’s “unorthodox” monetary policy played a vital role in stabilising global financial…

Continue Reading →