Super Thursday: Bank of England votes 8-1 to hold interest rates
August 18, 2015
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Super Thursday: Bank of England votes 8-1 to hold interest rates

The UK 10-year Gilt fell three basis points to 1.92% as Bank of England Governor…

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Gold struggles as US rate hike looms
August 18, 2015
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World

Gold struggles as US rate hike looms

Speaking of the surging U.S. dollar, prominent Canadian economist David Rosenberg recently noted that the…

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Most Chinese Stocks Decline After Index Rises to Three-Week High
August 18, 2015
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Most Chinese Stocks Decline After Index Rises to Three-Week High

China’s main stock index remained relatively resilient through the volatility that followed the yuan’s devaluation,…

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[Editorial] Devaluation of yuan
August 18, 2015
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Business

[Editorial] Devaluation of yuan

To express its commitment to the transformation of China’s economy, the Xi Jinping administration went…

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China strengthens yuan rate against dollar by 0.01%
August 17, 2015
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China strengthens yuan rate against dollar by 0.01%

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China’s devaluation of the yuan could wallop us — Mercury News editorial
August 17, 2015
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China’s devaluation of the yuan could wallop us — Mercury News editorial

The country’s Central Bank raised the value of the yuan by 0.005pc against the dollar.

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China strengthens yuan rate against US dollar
August 17, 2015
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Business

China strengthens yuan rate against US dollar

The yuan’s drop has caused volatility in currency markets over the past few days.

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Eurozone economic growth slows as China slumps
August 16, 2015
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World

Eurozone economic growth slows as China slumps

Greece appeared headed for a messy exit from the euro, with uncertain consequences for the…

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Merkel sees no certainty that Greek bailout will succeed
August 16, 2015
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Business

Merkel sees no certainty that Greek bailout will succeed

German Chancellor Angela Merkel will ask lawmakers to back an 86 billion euro ($95.5 billion)…

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Greek deal ‘important step’ but debt still too high: Lagarde
August 15, 2015
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Business

Greek deal ‘important step’ but debt still too high: Lagarde