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

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

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

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China slashes interest rates to back economy
August 25, 2015
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Business

China slashes interest rates to back economy

The government has in recent months rolled out a flurry of steps to try to…

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China injects $100b into banks to help spur economy
August 25, 2015
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Business

China injects $100b into banks to help spur economy

His optimism may also be based on the fact that the nation’s current account hit…

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South Africa’s Economy Contracts Unexpectedly in Second Quarter
August 25, 2015
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Business

South Africa’s Economy Contracts Unexpectedly in Second Quarter

Those are just two of the thousands of barbs according to Twitter posts trending under…

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China’s central bank injects 120 bln into market
August 25, 2015
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Business

China’s central bank injects 120 bln into market

“But in competitive devaluation, one country gains at the expense of the other”. Some members…

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Hong Kong, Shanghai stocks tumble in early trade
August 25, 2015
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World

Hong Kong, Shanghai stocks tumble in early trade

“But it [the index] has crashed through that [the 3,500-point level]”, said Mr Hageback, adding…

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Hong Kong: Shares end at six-week low on yuan devaluation fears
August 25, 2015
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Business

Hong Kong: Shares end at six-week low on yuan devaluation fears

Some members of Congress have backed legislation to impose retaliatory tariffs.

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Asian shares hit 2-year lows as China woes, dollar firm
August 25, 2015
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Business

Asian shares hit 2-year lows as China woes, dollar firm

A falling yuan hampers U.S. exports to China by making them more expensive in yuan…

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