China Devalues the Yuan for a Second Consecutive Day
August 18, 2015
Permalink
Business

China Devalues the Yuan for a Second Consecutive Day

“The late rout in Chinese stocks appears to have knocked sentiment in Europe this morning”.

Continue Reading →

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

Continue Reading →

Advertisement

Asian shares edge lower as crude oil spirals down
August 17, 2015
Permalink
Business

Asian shares edge lower as crude oil spirals down

Thursday, the NZ dollar rose 0.19 percent against the yen and 0.64 percent against the…

Continue Reading →

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

China strengthens yuan rate against US dollar

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

Continue Reading →

Chinese yuan fixed lower for third consecutive day
August 16, 2015
Permalink
Business

Chinese yuan fixed lower for third consecutive day

It’s the third cut in three days. The median forecast from seven strategists in Bloomberg…

Continue Reading →

Advertisement

Dollar ticks up as China stops guiding yuan lower
August 16, 2015
Permalink
Business

Dollar ticks up as China stops guiding yuan lower

The Chinese central bank’s “opaque communications policy may well have led to panic over-selling earlier…

Continue Reading →

China: Shanghai shares up 0.55% in morning trade
August 14, 2015
Permalink
Business

China: Shanghai shares up 0.55% in morning trade

The move has prompted falls across Asian stockmarkets, with the Shanghai Composite index down 1.06…

Continue Reading →

MARKET & ECONOMICSAsia report: stocks recover as yuan continues to devalue
August 14, 2015
Permalink
Business

MARKET & ECONOMICSAsia report: stocks recover as yuan continues to devalue

The People’s Bank of China fixed the yuan at 6.3975 per dollar, slightly down on…

Continue Reading →

Asian Stocks Stabilize as China Yuan Turmoil Subsides
August 13, 2015
Permalink
Business

Asian Stocks Stabilize as China Yuan Turmoil Subsides

China is the world’s second-largest economy, but its exports have dropped and some interpreted the…

Continue Reading →

US, world stocks steady as China soothes yuan weakness fears
August 13, 2015
Permalink
Business

US, world stocks steady as China soothes yuan weakness fears

Another drop in China’s currency shook markets around the world for a second straight day…

Continue Reading →