US interest rate hike ‘approaching’, says Fed
August 23, 2015
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Business

US interest rate hike ‘approaching’, says Fed

The euro rose 0.4 percent to 9.2734 crowns, its highest since early January, while Norway’s…

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Shanghai Composite Index Falls 11.5%, Slowdown Detected
August 23, 2015
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Business

Shanghai Composite Index Falls 11.5%, Slowdown Detected

Growing concerns about a slowdown in China shook markets around the world on Friday, driving…

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Shock to the system: PBOC makes 120 billion yuan cash injection
August 23, 2015
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Business

Shock to the system: PBOC makes 120 billion yuan cash injection

Commodity prices remained under pressure from worries about growth slowing in China.

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Stocks post worst week in years on China fears
August 23, 2015
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Business

Stocks post worst week in years on China fears

The steep decline over two days threatens to end what has been a six-year bull…

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German Lawmakers Debate Greek Bailout, Merkel Faces Rebellion
August 23, 2015
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World

German Lawmakers Debate Greek Bailout, Merkel Faces Rebellion

German Chancellor Angela Merkel greets colleagues as she arrives for a meeting of the parliamentarian…

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TRADING MELTDOWN Dow drops more than 500 pts, biggest loss since ’11
August 22, 2015
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Business

TRADING MELTDOWN Dow drops more than 500 pts, biggest loss since ’11

The stock market’s steep decline this week has pushed the Dow Jones industrial average into…

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Fears over global slowdown hammer US stocks for second day
August 22, 2015
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Business

Fears over global slowdown hammer US stocks for second day

After weak data overnight, China’s Shanghai Composite index dropped 4.27%, and ignited more selling in…

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Dow drops more than 500 points, rocks Wall Street
August 22, 2015
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Business

Dow drops more than 500 points, rocks Wall Street

Investors wondered whether that meant the growth here is fragile, and started selling stocks. Investors…

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Dow Jones loses 530 points
August 22, 2015
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Business

Dow Jones loses 530 points

A searing six-year rally in U.S. stocks had advanced into the summer months, shrugging off…

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10-year Treasury yield falls to lowest level in over two months
August 22, 2015
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Business

10-year Treasury yield falls to lowest level in over two months

While lower energy prices are a boon for U.S. consumers, they have reduced inflation expectations,…

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