Fed Inching Toward Rate Hike
August 22, 2015
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Business

Fed Inching Toward Rate Hike

“The reason behind the Fed not raising rates is due to problems in the emerging…

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Fears over global slowdown hammer US stocks for 2nd day
August 22, 2015
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Business

Fears over global slowdown hammer US stocks for 2nd day

Overseas stock markets’ losses just as bad, if not worse, with some indexes in China…

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Gold Rallies to Seven-Week High as Global Fears Spark Buying
August 22, 2015
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Business

Gold Rallies to Seven-Week High as Global Fears Spark Buying

The preliminary reading of Caixin’s Purchasing Manager’s Index came in at 47.1 this month for…

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China Factory Activity Falls to Six Year Low
August 22, 2015
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Business

China Factory Activity Falls to Six Year Low

A reading above 50 indicates expansion from the previous month, while a reading below 50…

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Global Manufacturing Stalls — Economic News
August 22, 2015
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World

Global Manufacturing Stalls — Economic News

The US markets plunged on Friday, as fears about China’s economy and global growth spurred…

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US oil falls towards $40 on global glut
August 22, 2015
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Business

US oil falls towards $40 on global glut

Crude oil prices dropped sharply in Asia on Thursday as oversupply in the U.S. and…

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Dow plunges 530 points as market woes continue
August 22, 2015
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Business

Dow plunges 530 points as market woes continue

World stock markets tumbled towards their worst week of the year and commodities got another…

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Worst Trading Day of 2015
August 21, 2015
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World

Worst Trading Day of 2015

“Investors are wondering if growth isn’t coming from the U.S. or China, where is it…

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People’s Bank of China (PBOC) sets yuan reference rate at 6.3915
August 21, 2015
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Business

People’s Bank of China (PBOC) sets yuan reference rate at 6.3915

The People’s Bank of China (PBOC), the central bank, pumped 120 billion yuan (18 billion…

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Gold up ahead of Fed minutes release
August 21, 2015
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Business

Gold up ahead of Fed minutes release