China’s yuan strengthens after three day fall
August 15, 2015
Permalink
Business

China’s yuan strengthens after three day fall

China cut the reference rate for its currency for the third straight day, on Thursday…

Continue Reading →

China takes steps to strengthen currency
August 15, 2015
Permalink
Business

China takes steps to strengthen currency

Investors have bet on a weaker won because it would help South Korea stay competitive…

Continue Reading →

Advertisement

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

Continue Reading →

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

Continue Reading →

Gold steadies, set to snap 7-week losing streak
August 14, 2015
Permalink
Business

Gold steadies, set to snap 7-week losing streak

“Anytime there’s fluctuations in currencies, people still see gold as a safe-haven investment”, Michael Smith,…

Continue Reading →

Advertisement

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

Continue Reading →

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

Continue Reading →

US stocks end mixed
August 14, 2015
Permalink
Business

US stocks end mixed

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

Continue Reading →

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

Continue Reading →

Chinese Yuan Stabilizes But Markets Potentially Volatile Amid Explosion in Tianjin
August 14, 2015
Permalink
Business

Chinese Yuan Stabilizes But Markets Potentially Volatile Amid Explosion in Tianjin

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

Continue Reading →