China market slump: Central bank cuts interest rates
August 25, 2015
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Business

China market slump: Central bank cuts interest rates

The one-year lending rate will drop by 25 basis points to 4.6 per cent effective…

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China cuts interest rates in new bid to spur economy
August 25, 2015
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World

China cuts interest rates in new bid to spur economy

That said, the Chinese stock market was still down another 7.6 percent in Tuesday trading,…

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Dollar Rebounds Despite 3rd PBOC Intervention
August 25, 2015
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Business

Dollar Rebounds Despite 3rd PBOC Intervention

The yuan, halted a three-day slide after the central bank soothed market sentiments on Thursday,…

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Worldwide stock market fears
August 25, 2015
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Business

Worldwide stock market fears

The Chinese government was reported to have pumped more liquidity into the market on Tuesday…

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China Cuts Interest Rates, Reserve Ratio Amid Market Slump
August 25, 2015
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Business

China Cuts Interest Rates, Reserve Ratio Amid Market Slump

Stocks surged Tuesday morning on Wall Street, erasing some of the heavy losses of a…

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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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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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Asian shares hit 2-year lows as China woes, dollar firm
August 25, 2015
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Business

Asian shares hit 2-year lows as China woes, dollar firm

A falling yuan hampers U.S. exports to China by making them more expensive in yuan…

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Chinese stock market plunge causes global rout
August 24, 2015
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Business

Chinese stock market plunge causes global rout

“While some blame the correction on the ongoing Chinese slowdown given the poor Chinese flash…

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Shock to the system: PBOC makes 120 billion yuan cash injection
August 23, 2015
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Business

Shock to the system: PBOC makes 120 billion yuan cash injection

Commodity prices remained under pressure from worries about growth slowing in China.

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