Worst Trading Day of 2015
August 21, 2015
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World

Worst Trading Day of 2015

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

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

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

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Flight To Safety Sends Gold Up To 4-Week High
August 21, 2015
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Business

Flight To Safety Sends Gold Up To 4-Week High

Although agreeing that the economy was nearing a point where rates should move higher, Fed…

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China Must Wait to Join Exclusive Currency Club
August 21, 2015
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Business

China Must Wait to Join Exclusive Currency Club

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Syriza Rebels To Form New Party
August 21, 2015
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Politics

Syriza Rebels To Form New Party

Veteran Greek leftist Panagiotis Lafazanis parted ways with his old comrade Alexis Tsipras on Friday,…

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Bond market’s $2.46T dilemma isn’t so bad after all
August 21, 2015
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Business

Bond market’s $2.46T dilemma isn’t so bad after all

Analysts say a strong report may allow the central bank to act at its September…

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China and Greece concerns push down US stock market
August 21, 2015
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Business

China and Greece concerns push down US stock market

Greece PM Alexis Tsipras resigns, calls for snap election
August 21, 2015
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World

Greece PM Alexis Tsipras resigns, calls for snap election

He said with the first tranche of the bailout arriving, he now had the moral…

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The IMF’s China Power Play
August 21, 2015
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Business

The IMF’s China Power Play

Beijing also seeks to have the yuan included in the IMF’s basket of special drawing…

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