Wall Street Plunges, Sees Steepest Losses in Close to 4 Years
August 25, 2015
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Business

Wall Street Plunges, Sees Steepest Losses in Close to 4 Years

However, Asian markets are still struggling, with the main index in Shanghai falling more than…

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What investors should do after Monday’s market bloodbath
August 25, 2015
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Business

What investors should do after Monday’s market bloodbath

That uncertainty crept into the market, and says Rehman, the U.S.’s talk of raising interest…

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China’s central bank injects 120 bln into market
August 25, 2015
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Business

China’s central bank injects 120 bln into market

“But in competitive devaluation, one country gains at the expense of the other”. Some members…

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Hong Kong: Shares end at six-week low on yuan devaluation fears
August 25, 2015
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Business

Hong Kong: Shares end at six-week low on yuan devaluation fears

Some members of Congress have backed legislation to impose retaliatory tariffs.

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Chinese economy shows resilience, innovative potential despite — News Analysis
August 25, 2015
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Business

Chinese economy shows resilience, innovative potential despite — News Analysis

China is struggling to support growth without exacerbating a buildup of debt after a lending…

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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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China Devalues Currency For Third Day
August 22, 2015
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Business

China Devalues Currency For Third Day

The bank described such reports as “completely baseless” as China’s export surplus is very big.

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Growth data hit European stocks as oil drops to 6 year lows
August 21, 2015
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Business

Growth data hit European stocks as oil drops to 6 year lows

The central bank put the yuan’s central parity rate at 6.4010 yuan for $US1, the…

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China stocks slip amid global market weakness, concerns over China’s economy
August 21, 2015
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World

China stocks slip amid global market weakness, concerns over China’s economy

Like George Soros who sold his stocks to Alibaba an e-commerce giant more like Chinese…

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Chinese shares trade lower again after days of volatility
August 21, 2015
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Business

Chinese shares trade lower again after days of volatility

Most sectors in Hong Kong fell, with energy and consumer goods leading the declines. Hong…

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