Shock to the system: PBOC makes 120 billion yuan cash injection
August 23, 2015
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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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TRADING MELTDOWN Dow drops more than 500 pts, biggest loss since ’11
August 22, 2015
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TRADING MELTDOWN Dow drops more than 500 pts, biggest loss since ’11

The stock market’s steep decline this week has pushed the Dow Jones industrial average into…

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Dow Jones loses 530 points
August 22, 2015
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Dow Jones loses 530 points

A searing six-year rally in U.S. stocks had advanced into the summer months, shrugging off…

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Fed Inching Toward Rate Hike
August 22, 2015
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Business

Fed Inching Toward Rate Hike

“The reason behind the Fed not raising rates is due to problems in the emerging…

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Yuan devaluation impacting China diamond market
August 22, 2015
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Business

Yuan devaluation impacting China diamond market

The mismatch between their foreign currency liabilities and yuan-denominated revenues means interest expenses and principal…

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Here’s How New Rate Hike Predictions Are Affecting The Market
August 22, 2015
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Here’s How New Rate Hike Predictions Are Affecting The Market

“The reason behind the Fed not raising rates is due to problems in the emerging…

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People’s Bank of China (PBOC) sets yuan reference rate at 6.3915
August 21, 2015
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Business

People’s Bank of China (PBOC) sets yuan reference rate at 6.3915

The People’s Bank of China (PBOC), the central bank, pumped 120 billion yuan (18 billion…

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Stock market takes drubbing, endures worst day in 18 months
August 21, 2015
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Business

Stock market takes drubbing, endures worst day in 18 months

In Hong Kong, the Hang Seng index was also pulled lower, closing down 1.8% at…

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Gold up ahead of Fed minutes release
August 21, 2015
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Business

Gold up ahead of Fed minutes release

US stocks down on fears over China, Greece
August 21, 2015
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Business

US stocks down on fears over China, Greece

U.S. stocks were poised for a slightly lower open Friday, rounding out a week marked…

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