After Devaluations, China Boosts Yuan
August 24, 2015
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Business

After Devaluations, China Boosts Yuan

“The focus remains on the Fed, including what it might or might not do in…

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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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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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Greek PM Tsipras wins bailout vote, parliament approves 3rd bailout
August 24, 2015
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World

Greek PM Tsipras wins bailout vote, parliament approves 3rd bailout

While Greece is on its way to another stopgap loan, Tsipras, who relied on pro-European…

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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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China’s devaluation may bring new phase in global currency war
August 24, 2015
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Business

China’s devaluation may bring new phase in global currency war

It also compounded jitters over China’s financial health after a debt-fuelled stock market bubble burst…

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China Stocks Plunge 8% In Early Trading
August 24, 2015
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Business

China Stocks Plunge 8% In Early Trading

The slide was region-wide because so many Asian economies are closely tied to China’s.

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Oil drops below $40 a barrel
August 23, 2015
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Business

Oil drops below $40 a barrel

In truth, the ban has done very little except bottleneck oil development in the past…

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Oil drops below $40
August 22, 2015
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World

Oil drops below $40