Wall Street partly bounces back from 1000-point drop
August 25, 2015
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Business

Wall Street partly bounces back from 1000-point drop

The Wall Street entered correction territory on Monday, with the Dow sliding below 16,000 for…

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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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What investors should do after Monday’s market bloodbath
August 25, 2015
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Business

What investors should do after Monday’s market bloodbath

That uncertainty crept into the market, and says Rehman, the U.S.’s talk of raising interest…

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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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US stocks slump; Dow briefly plunges 1000 points
August 25, 2015
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Business

US stocks slump; Dow briefly plunges 1000 points

The Dow Jones industrial average has plunged more than 530 points and is in a…

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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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Global markets rebound as China cuts rates to help economy
August 25, 2015
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Business

Global markets rebound as China cuts rates to help economy

The US central bank’s “unorthodox” monetary policy played a vital role in stabilising global financial…

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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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China injects $100b into banks to help spur economy
August 25, 2015
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Business

China injects $100b into banks to help spur economy

His optimism may also be based on the fact that the nation’s current account hit…

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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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