International Monetary Fund Will Not Include Yuan in Reserve Currency Basket Until October 2016
August 22, 2015
Permalink
Business

International Monetary Fund Will Not Include Yuan in Reserve Currency Basket Until October 2016

Global markets spun into turmoil, even though the yuan stabilized. China strictly controls its currency…

Continue Reading →

Dow plunges 530 points as market woes continue
August 22, 2015
Permalink
Business

Dow plunges 530 points as market woes continue

World stock markets tumbled towards their worst week of the year and commodities got another…

Continue Reading →

Advertisement

US 10-Year Treasury Note Yield Falls to Near 2%
August 22, 2015
Permalink
Business

US 10-Year Treasury Note Yield Falls to Near 2%

The yield on the 30-year Treasury bond (U.S.: US30Y) was slightly lower, at 2.738 percent,…

Continue Reading →

Worst Trading Day of 2015
August 21, 2015
Permalink
World

Worst Trading Day of 2015

“Investors are wondering if growth isn’t coming from the U.S. or China, where is it…

Continue Reading →

People’s Bank of China (PBOC) sets yuan reference rate at 6.3915
August 21, 2015
Permalink
Business

People’s Bank of China (PBOC) sets yuan reference rate at 6.3915

The People’s Bank of China (PBOC), the central bank, pumped 120 billion yuan (18 billion…

Continue Reading →

Advertisement

Stock market takes drubbing, endures worst day in 18 months
August 21, 2015
Permalink
Business

Stock market takes drubbing, endures worst day in 18 months

In Hong Kong, the Hang Seng index was also pulled lower, closing down 1.8% at…

Continue Reading →

Thousands of dead fish wash up near Tianjin blast site
August 21, 2015
Permalink
Business

Thousands of dead fish wash up near Tianjin blast site

Chinese officials have admitted that the storage facility held 700 tons of sodium cyanide plus…

Continue Reading →

Gold up ahead of Fed minutes release
August 21, 2015
Permalink
Business

Gold up ahead of Fed minutes release

The FOMC Dovish Minutes Send The US Dollar Tumbling
August 21, 2015
Permalink
Business

The FOMC Dovish Minutes Send The US Dollar Tumbling

How the world’s major stocks markets have done this month
August 21, 2015
Permalink
Business

How the world’s major stocks markets have done this month

A screen above the floor of the New York Stock Exchange shows the closing numbers,…

Continue Reading →