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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Australia shares hit 1-1/2 yr low rattled by China
August 25, 2015
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World

Australia shares hit 1-1/2 yr low rattled by China

Australian Treasurer Joe Hockey stated that although markets would stay risky for some time, the…

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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 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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South Africa’s Economy Contracts Unexpectedly in Second Quarter
August 25, 2015
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Business

South Africa’s Economy Contracts Unexpectedly in Second Quarter

Those are just two of the thousands of barbs according to Twitter posts trending under…

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Dow plunges 1000 points, bounces back
August 25, 2015
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Business

Dow plunges 1000 points, bounces back

Now the DJIA is owned by S&P Dow Jones Indices, which is majority owned by…

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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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