China cuts interest rates to halt stock market crash
August 26, 2015
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Business

China cuts interest rates to halt stock market crash

The benchmark one-year lending rate was cut to 4.6% and the deposit rate was slashed…

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Asian shares bounce back from 2-year lows, dollar firm
August 26, 2015
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Business

Asian shares bounce back from 2-year lows, dollar firm

Property stocks aided yesterday’s turnaround, with the CSI China mainland real estate index rising 2.2…

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China lowers interest rates
August 26, 2015
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World

China lowers interest rates

Wall Street Plunges, Sees Steepest Losses in Close to 4 Years
August 25, 2015
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Business

Wall Street Plunges, Sees Steepest Losses in Close to 4 Years

However, Asian markets are still struggling, with the main index in Shanghai falling more than…

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China market slump: Central bank cuts interest rates
August 25, 2015
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Business

China market slump: Central bank cuts interest rates

The one-year lending rate will drop by 25 basis points to 4.6 per cent effective…

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Devaluation of Chinese Yuan to worsen cedi’s plight
August 25, 2015
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Business

Devaluation of Chinese Yuan to worsen cedi’s plight

Spot silver was up 0.7% at $15.31 an ounce, platinum slipped by 0.2% to $986.75…

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GDP contracts by 1,3%
August 25, 2015
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Business

GDP contracts by 1,3%

South Africa’s rand plunged to a new all-time low against the U.S. dollar on Monday,…

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Dow takes steep dive at opening
August 25, 2015
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World

Dow takes steep dive at opening

U.S. stock markets plunged as the trading day began, with many wondering how long the…

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China Cuts Interest Rates, Reserve Ratio Amid Market Slump
August 25, 2015
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Business

China Cuts Interest Rates, Reserve Ratio Amid Market Slump

Stocks surged Tuesday morning on Wall Street, erasing some of the heavy losses of a…

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Dollar Plunges Against Major Currencies, All Eyes on Federal Reserve
August 25, 2015
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Business

Dollar Plunges Against Major Currencies, All Eyes on Federal Reserve

European stocks opened more than 3 percent in the red after their Asian counterparts slumped…

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