US rate rise conditions ‘approaching’, Fed minutes show
August 19, 2015
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Business

US rate rise conditions ‘approaching’, Fed minutes show

We’ll know more about the Fed’s thinking Wednesday afternoon when the Fed minutes publish at…

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Wal-Mart misses 2Q profit forecasts
August 19, 2015
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Business

Wal-Mart misses 2Q profit forecasts

Shares slipped 47 cents to $71.91 in pre-market trading. Earnings were however within management’s guidance…

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Yuan Halts Three Day Slide
August 19, 2015
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Business

Yuan Halts Three Day Slide

The PBOC also said on Thursday that it would monitor “abnormal” cross-border flows after the…

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China’s yuan stabilizes after three-day-slide
August 19, 2015
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Business

China’s yuan stabilizes after three-day-slide

Letting the market steer the yuan is the kind of move that should please critics…

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Shanghai index leads markets lower as China worries remain
August 19, 2015
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World

Shanghai index leads markets lower as China worries remain

Shares of importers and firms with high U.S. dollar-denominated debt have been under pressure following…

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European Shares Struggle Following Turmoil in Chinese Markets
August 19, 2015
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Business

European Shares Struggle Following Turmoil in Chinese Markets

It’s an interesting week in the currency markets, especially for China’s renminbi, which fell in…

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Gold price marks time ahead of Fed minutes
August 19, 2015
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Business

Gold price marks time ahead of Fed minutes

US stocks fizzle as Wal-Mart falls and China slumps
August 19, 2015
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Business

US stocks fizzle as Wal-Mart falls and China slumps

For the year ending in January, Wal-Mart lowered its earnings-per-share forecast to a range of…

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China Devalues the Yuan for a Second Consecutive Day
August 18, 2015
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Business

China Devalues the Yuan for a Second Consecutive Day

“The late rout in Chinese stocks appears to have knocked sentiment in Europe this morning”.

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Shanghai index plunges more than 6 percent
August 18, 2015
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Business

Shanghai index plunges more than 6 percent

Chinese stocks earlier plunged on concerns that companies may pull more money out of China…

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