FTSE 100 loses £74bn amid China markets woe
August 26, 2015
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Business

FTSE 100 loses £74bn amid China markets woe

In Asia, the Shanghai Composite Index slid 8.5% and Hong Kong’s Hang Seng Index fell…

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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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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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Dollar Rebounds Despite 3rd PBOC Intervention
August 25, 2015
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Business

Dollar Rebounds Despite 3rd PBOC Intervention

The yuan, halted a three-day slide after the central bank soothed market sentiments on Thursday,…

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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 Stocks Tumble; Other Asian Markets Start to Find Footing
August 25, 2015
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World

China Stocks Tumble; Other Asian Markets Start to Find Footing

Singapore-based Daniel Martin, senior Asia economist for research firm Capital Markets, says China’s economy is…

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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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China’s central bank injects 120 bln into market
August 25, 2015
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Business

China’s central bank injects 120 bln into market

“But in competitive devaluation, one country gains at the expense of the other”. Some members…

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Europe shares ditch Black Monday problems
August 25, 2015
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Business

Europe shares ditch Black Monday problems

London’s top-flight dipped below the 6,000-mark, down 260.2 points at 5927.4, adding to the gloom…

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