China tries to quell fears of more big devaluations
August 13, 2015
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China tries to quell fears of more big devaluations

With the bank having said that Tuesday’s move was a “one-off depreciation”, the rapid drop…

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Yuan falls to 4-year low in Wednesday trading
August 13, 2015
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Business

Yuan falls to 4-year low in Wednesday trading

PBoC’s Deputy Governor Yi also said there was “no basis for a persistent weakening in…

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China rushes to calm fears over plunging yuan
August 13, 2015
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Business

China rushes to calm fears over plunging yuan

“This action is both an endeavour to make the yuan more plausible, credible candidate to…

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Vietnam doubles currency trading band after China devalues yuan
August 12, 2015
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Business

Vietnam doubles currency trading band after China devalues yuan

But the Chinese government normally keeps its currency’s value pegged to the U.S. dollar, so…

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Markets Jolted by China Devaluation
August 12, 2015
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Business

Markets Jolted by China Devaluation

Analysts said crude futures could be pressured in coming months by seasonal refinery maintenance and…

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US oil prices rise from six-year low after Chinese yuan devaluation
August 12, 2015
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Business

US oil prices rise from six-year low after Chinese yuan devaluation

U.S. crude hit contract lows, trading less than $1 per barrel above its bottom for…

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China’s yuan slides in value after Beijing alters currency controls in the
August 11, 2015
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Business

China’s yuan slides in value after Beijing alters currency controls in the

Crude oil hits a low as China fears increase
August 10, 2015
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Business

Crude oil hits a low as China fears increase

Oil dips below $45 US a barrel for 1st time since March
August 7, 2015
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Business

Oil dips below $45 US a barrel for 1st time since March

Oil prices plunge amid ample supplies
August 5, 2015
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Business

Oil prices plunge amid ample supplies