Explosion rips through chemical plant in eastern China
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Explosion rips through chemical plant in eastern China

More than 200 tons of toxic sodium cyanide scattered in the core zone have been…

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Fears over global slowdown hammer US stocks for 2nd day
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Fears over global slowdown hammer US stocks for 2nd day

Overseas stock markets’ losses just as bad, if not worse, with some indexes in China…

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Stay with us for all the latest breaking business news

London’s inventory market is within the pink once more as we speak and is on…

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China Devalues Currency For Third Day
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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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Gold Rallies to Seven-Week High as Global Fears Spark Buying
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Gold Rallies to Seven-Week High as Global Fears Spark Buying

The preliminary reading of Caixin’s Purchasing Manager’s Index came in at 47.1 this month for…

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4 new fires erupt in China’s Tianjin port disaster area
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4 new fires erupt in China’s Tianjin port disaster area

Officials have confirmed that the warehouse at the centre of the explosions, owned by Rui…

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Global Manufacturing Stalls — Economic News
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Global Manufacturing Stalls — Economic News

The US markets plunged on Friday, as fears about China’s economy and global growth spurred…

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Asian shares slide; dollar loses edge on Fed minutes
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Asian shares slide; dollar loses edge on Fed minutes

According to 77% of economists in a Bloomberg survey taken August 7-12, the Fed will…

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60 still missing after Tianjin blasts
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60 still missing after Tianjin blasts

The Ruihai global Logistics warehouse stored up to 40 different kinds of chemicals, including 700…

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Yuan devaluation impacting China diamond market
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Yuan devaluation impacting China diamond market

The mismatch between their foreign currency liabilities and yuan-denominated revenues means interest expenses and principal…

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