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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Crude Tumbles To 6-Year Low As Supplies Rise
August 25, 2015
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Business

Crude Tumbles To 6-Year Low As Supplies Rise

October Brent crude LCOV5, -0.59% on London’s ICE Futures exchange also fell $1.65, or 3.4%,…

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Iran says should sell its oil regardless of price
August 25, 2015
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Sports

Iran says should sell its oil regardless of price

Experts and businessmen alike have said OPEC needs to limit production to control the price…

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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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US crude flirts with close of under $40 a barrel
August 25, 2015
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Business

US crude flirts with close of under $40 a barrel

Brent and US crude both fell to six and half year lows and Carsten Fritsch,…

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China acts to boost economy after stocks crash
August 25, 2015
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Business

China acts to boost economy after stocks crash

After the plunge, China has launched new stimulus measures created to boost the country’s flagging…

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Oil dips below $41 a barrel, pushing loonie down
August 25, 2015
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Business

Oil dips below $41 a barrel, pushing loonie down

OPEC, which supplies about 40 percent of the world’s crude, has pumped above its 30…

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Hong Kong, Shanghai stocks tumble in early trade
August 25, 2015
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World

Hong Kong, Shanghai stocks tumble in early trade

“But it [the index] has crashed through that [the 3,500-point level]”, said Mr Hageback, adding…

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US oil stocks rise, gasoline falls as refinery runs drop
August 24, 2015
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Business

US oil stocks rise, gasoline falls as refinery runs drop

Output by the world’s biggest exporter rose to 10.564 million barrels daily from 10.3 million.…

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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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