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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Crude oil is sliding
August 11, 2015
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Business

Crude oil is sliding

“We’d argue the consumer is more inclined to save an additional dollar (from cheaper oil)…

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Oil prices rise amid more China imports
August 11, 2015
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Business

Oil prices rise amid more China imports

“If you look back at any analysis of marginal supply and producing oil to get…

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Dollar index near four-month high on US rate hike view
August 11, 2015
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World

Dollar index near four-month high on US rate hike view

The New Zealand dollar was little changed as traders weighed up the impact of weaker…

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Precision Castparts, Sprint, Freeport-McMoRan — Market News
August 11, 2015
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Business

Precision Castparts, Sprint, Freeport-McMoRan — Market News

In its most recent fiscal year ending in March 2015, 70% of the company’s revenues…

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Rajan leaves rates unchanged; asks banks to lower
August 11, 2015
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Business

Rajan leaves rates unchanged; asks banks to lower

Promising continuity of “accommodative” monetary stance, Reserve Bank of India Governor Raghuram Rajan on Wednesday…

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

China’s yuan slides in value after Beijing alters controls

The yuan had strengthened along with the dollar, hurting exporters and raising the risk of…

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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

Oil prices up ahead of US stockpiles report
August 10, 2015
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Business

Oil prices up ahead of US stockpiles report

The bank maintains its near-term target for US crude at $45 a barrel, but warns…

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