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

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

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China slashes interest rates to back economy
August 25, 2015
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Business

China slashes interest rates to back economy

The government has in recent months rolled out a flurry of steps to try to…

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Asian shares hit 2-year lows as China woes, dollar firm
August 25, 2015
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Business

Asian shares hit 2-year lows as China woes, dollar firm

A falling yuan hampers U.S. exports to China by making them more expensive in yuan…

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Chinese economy shows resilience, innovative potential despite — News Analysis
August 25, 2015
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Business

Chinese economy shows resilience, innovative potential despite — News Analysis

China is struggling to support growth without exacerbating a buildup of debt after a lending…

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China reserves seen dropping US$40b a month on yuan support
August 24, 2015
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Business

China reserves seen dropping US$40b a month on yuan support

PBOC’s announcement had caught investors by surprise, as the currency of the world’s second largest…

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US markets plunge following big drop in Chinese stocks
August 24, 2015
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Business

US markets plunge following big drop in Chinese stocks

About three-fourths of the 30 stocks on the Dow Jones industrial average and two-thirds of…

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Investors braced for further China stock market losses
August 24, 2015
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Business

Investors braced for further China stock market losses

Raul Rodriguez sweeps the floor of the New York Stock Exchange after a frenzied day…

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Hong Kong stocks fall for 7th day
August 24, 2015
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World

Hong Kong stocks fall for 7th day

But after the state-owned company charged with buying shares to prop up prices announced it…

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Markets tumble as China weakness spreads
August 24, 2015
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Business

Markets tumble as China weakness spreads

The European sell-off followed China’s stocks plunge, the most since 2007, as government support measures…

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