China reverses currency devaluation
August 15, 2015
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Business

China reverses currency devaluation

The devaluation sparked fears of a global “currency war” and accusations that Beijing was unfairly…

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How the Dow Jones industrial average fared on Wednesday
August 14, 2015
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Business

How the Dow Jones industrial average fared on Wednesday

Asian stock markets drifted Friday as China’s currency stabilized for a second day, easing uncertainty…

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Chinese Yuan Devaluation Could Put ECB’s Task Under Strain – S&P
August 14, 2015
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Business

Chinese Yuan Devaluation Could Put ECB’s Task Under Strain – S&P

China’s surprise devaluation of its currency this week triggered fears about waning competitiveness of Asia’s…

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China ends three straight days of lowering the yuan
August 14, 2015
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Business

China ends three straight days of lowering the yuan

The PBOC have all but declared their intentions – we’re going to see a gradual…

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China tries to dampen fears of more big devaluations
August 14, 2015
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Business

China tries to dampen fears of more big devaluations

The central bank aims to open up its currency market to foreign investors and extend…

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China: Shanghai shares up 0.55% in morning trade
August 14, 2015
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Business

China: Shanghai shares up 0.55% in morning trade

The move has prompted falls across Asian stockmarkets, with the Shanghai Composite index down 1.06…

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China, in Freefall, Devalues Its Currency the Yuan Again
August 14, 2015
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Business

China, in Freefall, Devalues Its Currency the Yuan Again

The daily reference rate was set at 6.3975 yuan to $1.0, up from 6.4010 the…

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US stocks end mixed
August 14, 2015
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Business

US stocks end mixed

But China’s growth has slowed and Beijing devalued the yuan this week to calm domestic…

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Massive Explosion Giant Fireball Covers City In China
August 14, 2015
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World

Massive Explosion Giant Fireball Covers City In China

(CNN)In the early hours of Thursday morning, several blasts ripped through the Chinese port city…

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European shares rally, bonds fall on China’s yuan assurances
August 14, 2015
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Business

European shares rally, bonds fall on China’s yuan assurances

The yuan hadn’t budged much since March as China’s policy makers wanted stability as part…

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