Devaluation of Chinese Yuan to worsen cedi’s plight
August 25, 2015
Permalink
Business

Devaluation of Chinese Yuan to worsen cedi’s plight

Spot silver was up 0.7% at $15.31 an ounce, platinum slipped by 0.2% to $986.75…

Continue Reading →

Tax cut details will be revealed: Abbott
August 25, 2015
Permalink
World

Tax cut details will be revealed: Abbott

In a speech to the Tax Institute and Chartered Accountants (Australia and New Zealand) in…

Continue Reading →

Advertisement

Rupee Posts Biggest Gain in 2015 on China Rate Cut
August 25, 2015
Permalink
Business

Rupee Posts Biggest Gain in 2015 on China Rate Cut

Riding on global currency volatility wave, the rupee on Friday plummeted sharply by 29 paise…

Continue Reading →

Dow takes steep dive at opening
August 25, 2015
Permalink
World

Dow takes steep dive at opening

U.S. stock markets plunged as the trading day began, with many wondering how long the…

Continue Reading →

US stocks slump; Dow briefly plunges 1000 points
August 25, 2015
Permalink
Business

US stocks slump; Dow briefly plunges 1000 points

The Dow Jones industrial average has plunged more than 530 points and is in a…

Continue Reading →

Advertisement

Dollar Rebounds Despite 3rd PBOC Intervention
August 25, 2015
Permalink
Business

Dollar Rebounds Despite 3rd PBOC Intervention

The yuan, halted a three-day slide after the central bank soothed market sentiments on Thursday,…

Continue Reading →

Worldwide stock market fears
August 25, 2015
Permalink
Business

Worldwide stock market fears

The Chinese government was reported to have pumped more liquidity into the market on Tuesday…

Continue Reading →

Rupee falls against US dollar; hits fresh 2-year low
August 25, 2015
Permalink
Business

Rupee falls against US dollar; hits fresh 2-year low

“If the rupee trades at 68-70 per dollar on a sustained basis, it may reduce…

Continue Reading →

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

Continue Reading →

Dollar Plunges Against Major Currencies, All Eyes on Federal Reserve
August 25, 2015
Permalink
Business

Dollar Plunges Against Major Currencies, All Eyes on Federal Reserve

European stocks opened more than 3 percent in the red after their Asian counterparts slumped…

Continue Reading →