China Economy Crash
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Oil Prices Recover In A Volatile Session After Over 5% Crash Previously
Crude oil prices recovered some of their losses during a volatile trading session on Wednesday after crashing over 5 per cent previously.
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Sri Lanka Seeks Chinese Debt Reschedule For Crashing Economy
Cash-strapped Sri Lanka sought to reschedule its huge Chinese debt burden in Sunday talks with visiting foreign minister Wang Yi, the president's office said.
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China Stocks Rally, But Biggest Monthly Drop in 7 Years
Chinese shares closed sharply higher on Friday, recovering some of the week's losses, but still recorded their biggest monthly fall in about seven years, which has knocked 12 trillion yuan ($1.8 trillion) off the value of its benchmark indexes.
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China Suspends 'Circuit Breaker' After Trading Halted Again
China will suspend "circuit breakers", Xinhua news agency reported, after the trading curbs were again triggered Thursday when share prices dropped more than seven per cent, halting share trading early for the second time this week.
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Wall Street Down on China Markets Turmoil, Oil Slide
US stocks were sharply lower on Thursday as market volatility in China and a relentless slide in oil prices unnerved investors, extending the shaky start to the year.
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China to Promote Equity Crowdfunding to Support Start-Ups
China will promote greater use of equity crowdfunding for start-ups to encourage entrepreneurship in the world's second-largest economy, a cabinet document said on Saturday.
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China's Xi Jinping Says to Push Yuan Reform, FX Reserves Remain Ample: Report
China will push forward market-based reform of its currency regime and make the yuan convertible on the capital account over time, President Xi Jinping told the Wall Street Journal in an interview published on Tuesday.
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Not to be Impacted by Yuan Devaluation: Havells India
Electrical goods maker Havells India has said that devaluation of the yuan would not impact its business as exports form only 10 per cent of its total sales.
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Timeline of China's Attempts to Prevent Stock Market Meltdown
he Chinese government has taken unprecedented steps to stave off a crash in its stock markets, which have plunged since mid-June on concerns over the slowing economy and an unexpected devaluation of the yuan in mid-August.
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China Crisis Covers Tracks of Japan
The abrupt end of Japan's boom in the 1990s, complete with stock crash and property bust, offers the most striking similarities, and the most valuable lessons.
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China Banks Warn of Rising Bad Loans as Economy Slows
China's largest banks warned of a tough year after posting their weakest half-yearly profit growth in at least six years as a slowing economy forces the lenders to make even more provisions for soured loans and squeezes interest income.
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Brace for Quantitative Tightening as China Leads Forex Reserves Purge
Faith in the power of "quantitative easing" has prompted central banks, led by the Federal Reserve, to pump trillions of dollars of stimulus into the global financial system to cushion the impact of the 2007-08 market crisis and recession.
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India Can Replace China as Driver of Global Growth: Jaitley
Seeing an opportunity in the recent turmoil in global equity and currency markets, Finance Minister Arun Jaitley on Thursday said India, with a growth rate of 8-9 per cent, can replace China as the driver of world economy.
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ICICI Bank Chief Confident Economy Can Tide Over China-Driven Crisis
Attributing the ongoing market carnage to global cues, ICICI Bank chief Chanda Kochhar on Wednesday said the country has many positives like high forex reserves, and low current account and fiscal gaps, which can help it weather the ongoing volatilities.
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India Well Positioned to Get Through Global Turbulence: Jayant Sinha
As the stock markets bounced back after a day of bloodbath, the government on Tuesday said India is well positioned to get through the global financial crisis and is seizing on it as an opportunity to ensure it becomes the fastest growing large economy in the world.
-
Oil Prices Recover In A Volatile Session After Over 5% Crash Previously
Crude oil prices recovered some of their losses during a volatile trading session on Wednesday after crashing over 5 per cent previously.
-
Sri Lanka Seeks Chinese Debt Reschedule For Crashing Economy
Cash-strapped Sri Lanka sought to reschedule its huge Chinese debt burden in Sunday talks with visiting foreign minister Wang Yi, the president's office said.
-
China Stocks Rally, But Biggest Monthly Drop in 7 Years
Chinese shares closed sharply higher on Friday, recovering some of the week's losses, but still recorded their biggest monthly fall in about seven years, which has knocked 12 trillion yuan ($1.8 trillion) off the value of its benchmark indexes.
-
China Suspends 'Circuit Breaker' After Trading Halted Again
China will suspend "circuit breakers", Xinhua news agency reported, after the trading curbs were again triggered Thursday when share prices dropped more than seven per cent, halting share trading early for the second time this week.
-
Wall Street Down on China Markets Turmoil, Oil Slide
US stocks were sharply lower on Thursday as market volatility in China and a relentless slide in oil prices unnerved investors, extending the shaky start to the year.
-
China to Promote Equity Crowdfunding to Support Start-Ups
China will promote greater use of equity crowdfunding for start-ups to encourage entrepreneurship in the world's second-largest economy, a cabinet document said on Saturday.
-
China's Xi Jinping Says to Push Yuan Reform, FX Reserves Remain Ample: Report
China will push forward market-based reform of its currency regime and make the yuan convertible on the capital account over time, President Xi Jinping told the Wall Street Journal in an interview published on Tuesday.
-
Not to be Impacted by Yuan Devaluation: Havells India
Electrical goods maker Havells India has said that devaluation of the yuan would not impact its business as exports form only 10 per cent of its total sales.
-
Timeline of China's Attempts to Prevent Stock Market Meltdown
he Chinese government has taken unprecedented steps to stave off a crash in its stock markets, which have plunged since mid-June on concerns over the slowing economy and an unexpected devaluation of the yuan in mid-August.
-
China Crisis Covers Tracks of Japan
The abrupt end of Japan's boom in the 1990s, complete with stock crash and property bust, offers the most striking similarities, and the most valuable lessons.
-
China Banks Warn of Rising Bad Loans as Economy Slows
China's largest banks warned of a tough year after posting their weakest half-yearly profit growth in at least six years as a slowing economy forces the lenders to make even more provisions for soured loans and squeezes interest income.
-
Brace for Quantitative Tightening as China Leads Forex Reserves Purge
Faith in the power of "quantitative easing" has prompted central banks, led by the Federal Reserve, to pump trillions of dollars of stimulus into the global financial system to cushion the impact of the 2007-08 market crisis and recession.
-
India Can Replace China as Driver of Global Growth: Jaitley
Seeing an opportunity in the recent turmoil in global equity and currency markets, Finance Minister Arun Jaitley on Thursday said India, with a growth rate of 8-9 per cent, can replace China as the driver of world economy.
-
ICICI Bank Chief Confident Economy Can Tide Over China-Driven Crisis
Attributing the ongoing market carnage to global cues, ICICI Bank chief Chanda Kochhar on Wednesday said the country has many positives like high forex reserves, and low current account and fiscal gaps, which can help it weather the ongoing volatilities.
-
India Well Positioned to Get Through Global Turbulence: Jayant Sinha
As the stock markets bounced back after a day of bloodbath, the government on Tuesday said India is well positioned to get through the global financial crisis and is seizing on it as an opportunity to ensure it becomes the fastest growing large economy in the world.
