China Markets Crash
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Trump Tariffs Offset Budget Boost, Rupee Hits Record Low, Markets Crash
The Indian shares tumbled after Donald Trump imposed massive tariffs on Canada, China and Mexico over the weekend, sparking fears of a broader trade war.
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Oil Crashes Below $95 A Barrel On Recessionary Worries After China Data
Oil prices fell on Tuesday, extending losses from the previous session, after economic data from China, the world's largest crude importer, spurred fresh concerns about a potential global recession that could hit energy demand.
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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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Brent Crude Falls Over 3% And Crashes To below $100 Per barrel
Brent crude oil fell over 3 per cent to crash below $100 per barrel, following the second straight weekly decline, pressured by China lockdowns and weighed by a surplus boost after announced plans to release a record volume of crude and oil products from strategic stocks.
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Crypto Market Has Shed More Than $1 Trillion in Market Cap Since November, Bitcoin Marks Six-Month Low
Bitcoin dropped to a six-month low on Saturday, extending a steep fall recorded over two months as the cryptocurrency market was swept up in a powerful shift by investors out of speculative assets as additional headwinds arrive in the form of a potential crypto mining, trading ban in Russia.
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Cryptocurrency Crackdown in China: After Latest Ban, Over $400 Million Worth of Tokens Liquidated Within 24 Hours
As the cryptocurrency market recovered from the crash it suffered in April–May — primarily because of tightening Chinese regulation on trading and mining of cryptocurrencies — another round of crackdown by China has left the market in the red. Chinese regulators intensified their hammering down of these digital assets, imposing a blanket ban ...
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Cryptocurrency Market Sees a Massive Dip as Bitcoin, Dogecoin Price Fall Sharply on China Ban, Musk Tweets
Bitcoin, Dogecoin, Ether, and other digital currencies went down sharply on Wednesday (May 19), causing a trading frenzy that led to cryptocurrency exchanges in India crash momentarily.
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'Mom And Pop' Investors Dismayed By China For Scrapping Ant Group's IPO
China's shock suspension of the listing has left them baffled and angry. The financial tech titan's listing came crashing down on Tuesday evening as regulators pulled the plug just two days before its dual debut in Hong Kong and Shanghai.
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Sensex Crashes 839 Points As Border Tensions Escalate Between India And China
In a major flare-up in Ladakh, Chinese troops "carried out provocative military movements to change the status quo" near Pangong Tso lake.
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Tesla To Recall 3,183 Model X Vehicles In China: Report
Tesla Inc will recall 3,183 Model X vehicles in China, because of a potential issue that could make steering harder and increase the risk of a crash, according to the country's market regulator.
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China Stock Markets Sink As Coronavirus Virus Fears Maul
Despite the support, Chinese shares were deep in red, with the blue-chip index stumbling 7.8% to a 4-1/2 month trough.
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Byton Starts Manufacturing Its All-electric SUV
Byton, a Silicon Valley based and Chinese backed automaker has finally started production of its first electric vehicle, the M-Byte SUV. The new SUV will be made in Byton's Nanjing plant in China in a brand new facility which will also serve as the brand's new headquarters. Byton is currently manufacturing the SUV for testing including those requir...
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China Lost, Jeff Bezos Goes Big on India: Foreign Media
Having forfeited China to Alibaba and JD.com, Jeff Bezos is determined to win in India, a market of 1.3 billion people.
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Minibus Drives Into Beijing Market, 4 Dead
Four people were killed when a minibus drove into a market in a northern part of Beijing and many others have sustained injuries, the city's police said on Wednesday, but they did not suggest it was a terrorist-related incident.
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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.
-
Trump Tariffs Offset Budget Boost, Rupee Hits Record Low, Markets Crash
The Indian shares tumbled after Donald Trump imposed massive tariffs on Canada, China and Mexico over the weekend, sparking fears of a broader trade war.
-
Oil Crashes Below $95 A Barrel On Recessionary Worries After China Data
Oil prices fell on Tuesday, extending losses from the previous session, after economic data from China, the world's largest crude importer, spurred fresh concerns about a potential global recession that could hit energy demand.
-
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.
-
Brent Crude Falls Over 3% And Crashes To below $100 Per barrel
Brent crude oil fell over 3 per cent to crash below $100 per barrel, following the second straight weekly decline, pressured by China lockdowns and weighed by a surplus boost after announced plans to release a record volume of crude and oil products from strategic stocks.
-
Crypto Market Has Shed More Than $1 Trillion in Market Cap Since November, Bitcoin Marks Six-Month Low
Bitcoin dropped to a six-month low on Saturday, extending a steep fall recorded over two months as the cryptocurrency market was swept up in a powerful shift by investors out of speculative assets as additional headwinds arrive in the form of a potential crypto mining, trading ban in Russia.
-
Cryptocurrency Crackdown in China: After Latest Ban, Over $400 Million Worth of Tokens Liquidated Within 24 Hours
As the cryptocurrency market recovered from the crash it suffered in April–May — primarily because of tightening Chinese regulation on trading and mining of cryptocurrencies — another round of crackdown by China has left the market in the red. Chinese regulators intensified their hammering down of these digital assets, imposing a blanket ban ...
-
Cryptocurrency Market Sees a Massive Dip as Bitcoin, Dogecoin Price Fall Sharply on China Ban, Musk Tweets
Bitcoin, Dogecoin, Ether, and other digital currencies went down sharply on Wednesday (May 19), causing a trading frenzy that led to cryptocurrency exchanges in India crash momentarily.
-
'Mom And Pop' Investors Dismayed By China For Scrapping Ant Group's IPO
China's shock suspension of the listing has left them baffled and angry. The financial tech titan's listing came crashing down on Tuesday evening as regulators pulled the plug just two days before its dual debut in Hong Kong and Shanghai.
-
Sensex Crashes 839 Points As Border Tensions Escalate Between India And China
In a major flare-up in Ladakh, Chinese troops "carried out provocative military movements to change the status quo" near Pangong Tso lake.
-
Tesla To Recall 3,183 Model X Vehicles In China: Report
Tesla Inc will recall 3,183 Model X vehicles in China, because of a potential issue that could make steering harder and increase the risk of a crash, according to the country's market regulator.
-
China Stock Markets Sink As Coronavirus Virus Fears Maul
Despite the support, Chinese shares were deep in red, with the blue-chip index stumbling 7.8% to a 4-1/2 month trough.
-
Byton Starts Manufacturing Its All-electric SUV
Byton, a Silicon Valley based and Chinese backed automaker has finally started production of its first electric vehicle, the M-Byte SUV. The new SUV will be made in Byton's Nanjing plant in China in a brand new facility which will also serve as the brand's new headquarters. Byton is currently manufacturing the SUV for testing including those requir...
-
China Lost, Jeff Bezos Goes Big on India: Foreign Media
Having forfeited China to Alibaba and JD.com, Jeff Bezos is determined to win in India, a market of 1.3 billion people.
-
Minibus Drives Into Beijing Market, 4 Dead
Four people were killed when a minibus drove into a market in a northern part of Beijing and many others have sustained injuries, the city's police said on Wednesday, but they did not suggest it was a terrorist-related incident.
-
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.
