Asian stocks lower following Fed’s decision
September 21, 2015
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Business

Asian stocks lower following Fed’s decision

USA stock futures were higher Monday, after the Federal Reserve’s decision not to hike interest…

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China tightens Forex trading rules in attempt to support the Yuan
September 5, 2015
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World

China tightens Forex trading rules in attempt to support the Yuan

“It will test 6.5 a dollar by year-end”. Outstanding medium-term lending facilities stood at 490…

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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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[Editorial] Devaluation of yuan
August 18, 2015
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Business

[Editorial] Devaluation of yuan

To express its commitment to the transformation of China’s economy, the Xi Jinping administration went…

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S and P in praise of Chinese yuan devaluation
August 17, 2015
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Business

S and P in praise of Chinese yuan devaluation

But officials also said the yuan’s underpinning remains firm and that its value should strengthen,…

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China strengthens yuan rate against US dollar
August 17, 2015
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Business

China strengthens yuan rate against US dollar

The yuan’s drop has caused volatility in currency markets over the past few days.

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Dumping of Chinese goods will not be allowed: Commerce Minister
August 16, 2015
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Business

Dumping of Chinese goods will not be allowed: Commerce Minister

Stating that devaluation of Chinese currency was a “very serious issue”, she said it could…

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China’s yuan strengthens after three day fall
August 15, 2015
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Business

China’s yuan strengthens after three day fall

China cut the reference rate for its currency for the third straight day, on Thursday…

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China raises yuan fix for 1st time since devaluation
August 14, 2015
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Business

China raises yuan fix for 1st time since devaluation

Bloomberg News reported Wednesday the central bank had intervened in the market to buy dollars…

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