Fed Member Says China’s Currency Move Appropriate
August 13, 2015
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Business

Fed Member Says China’s Currency Move Appropriate

Someone should explain to the People’s Bank of China (PBOC) that you can not prompt…

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No basis for further depreciation: China’s central bank
August 13, 2015
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World

No basis for further depreciation: China’s central bank

The yuan will be maintained at a “roughly” stable level, a level that is “balanced”…

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Dow Jones Industrial Average Tumbles 200 Points After Yuan Extends Slide
August 13, 2015
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Business

Dow Jones Industrial Average Tumbles 200 Points After Yuan Extends Slide

The best performers of the session on the Dow Jones Industrial Average were Caterpillar Inc…

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US Stocks Poised for Another Tumble on China Worries
August 12, 2015
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Business

US Stocks Poised for Another Tumble on China Worries

Markets around the world fell for a second day on Wednesday, with stocks, the dollar…

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Dollar falls as China move seen delaying Fed rate hike
August 12, 2015
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Business

Dollar falls as China move seen delaying Fed rate hike

The United States on Tuesday warned China that any wavering in its commitment to a…

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Vietnam doubles currency trading band after China devalues yuan
August 12, 2015
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Business

Vietnam doubles currency trading band after China devalues yuan

But the Chinese government normally keeps its currency’s value pegged to the U.S. dollar, so…

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Vietnam doubles currency band after China devaluation
August 12, 2015
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Business

Vietnam doubles currency band after China devaluation

In the first reaction from the Obama administration to the People’s Bank of China’s almost…

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Wall Street stocks slide on weak China data
August 12, 2015
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Business

Wall Street stocks slide on weak China data

Rupee depreciates 43 paise against dollar as yuan falls
August 12, 2015
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Business

Rupee depreciates 43 paise against dollar as yuan falls

Declining for the sixth consecutive session, the rupee tumbled by 59 paise to almost 2-year…

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China’s currency reforms are a good thing
August 12, 2015
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Business

China’s currency reforms are a good thing

The central parity rate of the Chinese currency renminbi (yuan), weakened by 1,008 basis points…

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