China Stock Market Crash

Despite the support, Chinese shares were deep in red, with the blue-chip index stumbling 7.8% to a 4-1/2 month trough.

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.

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 accelerated the depreciation of the yuan on Thursday, sending currencies across the region reeling and domestic stock markets tumbling, as investors feared the Asian giant was kicking off a trade war against its competitors.

Indian stocks markets are poised to open sharply lower amid a crash in China stocks. The Nifty futures trading on Singapore stock exchange was trading nearly 1 per cent lower, indicating a lower opening for Indian markets.

The ripples from China markets jolted Indian markets on Monday, with Sensex falling 480 points. The Nifty slumped to 7,813 points at day's low.

In a sign of growing confidence that China's stock markets are stabilising, the country's securities regulator has lifted an order that required brokerages each day to buy more shares than they sell for any proprietary trading.

China is considering bringing together its banking, insurance and securities regulators into a single super-commission, sources told Reuters, following the summer's stock market crash that was blamed in part on poor inter-agency coordination.

India's stock markets edged slightly lower on Wednesday for a second straight session, weighed down by a steep fall in Chinese stocks.

Brent crude oil rose towards $50 per barrel on Wednesday as a drawdown in US crude oil stocks outweighed the negative impact of weak economic manufacturing data from China.

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.

The two-year rally in Indian stock markets has hit a major roadblock, with the BSE Sensex falling over 10 per cent in just one month. As of Friday's close, the Sensex has shed 2,900 points in nearly three weeks since August 11, when China devalued its yuan currency. The Nifty is down 16 per cent from the all-time high hit in March.

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.

Wall Street opened lower on Friday, suggesting investors were wary of taking big positions into the weekend after days of tumultuous trading that featured both the market's worst day in four years and biggest two-day gain since the financial crisis.

China stocks jumped more than 4 per cent for a second straight day on Friday as signs of fresh support from Beijing prompted more bargain hunting following the earlier plunge that panicked global markets.

Despite the support, Chinese shares were deep in red, with the blue-chip index stumbling 7.8% to a 4-1/2 month trough.

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.

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 accelerated the depreciation of the yuan on Thursday, sending currencies across the region reeling and domestic stock markets tumbling, as investors feared the Asian giant was kicking off a trade war against its competitors.

Indian stocks markets are poised to open sharply lower amid a crash in China stocks. The Nifty futures trading on Singapore stock exchange was trading nearly 1 per cent lower, indicating a lower opening for Indian markets.

The ripples from China markets jolted Indian markets on Monday, with Sensex falling 480 points. The Nifty slumped to 7,813 points at day's low.

In a sign of growing confidence that China's stock markets are stabilising, the country's securities regulator has lifted an order that required brokerages each day to buy more shares than they sell for any proprietary trading.

China is considering bringing together its banking, insurance and securities regulators into a single super-commission, sources told Reuters, following the summer's stock market crash that was blamed in part on poor inter-agency coordination.

India's stock markets edged slightly lower on Wednesday for a second straight session, weighed down by a steep fall in Chinese stocks.

Brent crude oil rose towards $50 per barrel on Wednesday as a drawdown in US crude oil stocks outweighed the negative impact of weak economic manufacturing data from China.

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.

The two-year rally in Indian stock markets has hit a major roadblock, with the BSE Sensex falling over 10 per cent in just one month. As of Friday's close, the Sensex has shed 2,900 points in nearly three weeks since August 11, when China devalued its yuan currency. The Nifty is down 16 per cent from the all-time high hit in March.

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.

Wall Street opened lower on Friday, suggesting investors were wary of taking big positions into the weekend after days of tumultuous trading that featured both the market's worst day in four years and biggest two-day gain since the financial crisis.

China stocks jumped more than 4 per cent for a second straight day on Friday as signs of fresh support from Beijing prompted more bargain hunting following the earlier plunge that panicked global markets.