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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Wall Street Sees Stock Market Sell-Off
August 24, 2015
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Business

Wall Street Sees Stock Market Sell-Off

“This all starts with the stock bubble in China, and when you have a stock…

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Wall Street closes down 3.6%, worst plunge since 2011
August 24, 2015
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Business

Wall Street closes down 3.6%, worst plunge since 2011

The Monday mayhem began moments after the market opened at 9:30 a.m. The Dow Jones…

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Oil hits 6.5yr low on China concerns
August 24, 2015
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Business

Oil hits 6.5yr low on China concerns

NEW YORK-Oil prices plunged to fresh six-year lows Monday on concerns about a slowdown in…

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Rupee tumbles 82 paise to breach 66-level against United States dollars
August 24, 2015
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World

Rupee tumbles 82 paise to breach 66-level against United States dollars

The rupee weakened on the news that China devalued its yuan by about 2 percent.

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US stocks plunge at open after Chinese stock rout
August 24, 2015
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Business

US stocks plunge at open after Chinese stock rout

The Dow Jones industrial average – which fell into the correction zone on Friday –…

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Asia markets rattled to join in global equity rout
August 24, 2015
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Business

Asia markets rattled to join in global equity rout

The Shanghai stock market experienced its worst day since February 2007 after investors hopes that…

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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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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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