US asks China to fast-track reforms, refrain from devaluation
As the world leaders expressed concern here over slowdown in China dragging down the global economic growth, the US Treasury Secretary Jacob Lew has told his Chinese counterpart to ensure that the currency is allowed to move freely as per market forces.
Sep 05, 2015, 12:53 PM IST
Slower-than-expected April-June growth boosts rate cut calls
Many government officials in New Delhi had been talking of taking the baton of global growth in the wake of a deepening economic crisis in China.
Sep 01, 2015, 09:03 AM IST
China August factory activity shrinks at fastest pace in 3 years, services cool
A reading over 50 points signals an expansion in activity while one below that mark indicates an contraction on a monthly basis.
Sep 01, 2015, 08:44 AM IST
'Don't blame yuan devaluation for global market rout'
China`s devaluation of its yuan currency should not be made a scapegoat for the recent global stock market rout, a senior Chinese central bank official told Reuters on Thursday.
Aug 27, 2015, 19:37 PM IST
Watch: Is more market volatility ahead?
After a continuos rally the US stock market has entered in correction mode. Analyst, however, said that there might be a bumpy ride in next several trading sessions.
Aug 25, 2015, 18:54 PM IST
World stocks, dollar, oil extend gains after China cuts rates
The pan-European FTSEurofirst 300 index rose 4.2 percent, recouping the bulk of the 5 percent-plus it lost the previous day.
Aug 25, 2015, 16:33 PM IST
Make economy transparent, currency market-driven: US to China
The White House has urged China which is facing one of the worst financial crises in decades - to continue to pursue financial reform and move rapidly toward a more "market-determined" exchange rate system.
Aug 25, 2015, 09:25 AM IST
Apple growth still `strong` in China: CEO Tim Cook
Apple is still seeing "strong growth" in China despite fears about an economic slowdown which have sparked a global market rout, chief executive Tim Cook said Monday.
Aug 24, 2015, 23:28 PM IST
Chinese yuan strengthens
In China`s spot foreign exchange market, the yuan is allowed to rise or fall by two percent from the central parity rate each trading day, Xinhua reported.
Aug 24, 2015, 08:30 AM IST
Asian stocks down as China woes unnerve markets, safe-haven yen rallies
Asian stocks and oil fell on Monday after Wall Street suffered another bruising blow as deepening concerns over the slowing Chinese economy continued to unnerve global equity markets.
Aug 24, 2015, 08:25 AM IST
Commodity markets tumble as China weakness spreads
Chinese stock indices like the CSI300 and the Shanghai Composite Index tumbled on Monday morning, also dragging on Japan`s Nikkei index as worries over slower growth in the Chinese economy intensified.
Aug 24, 2015, 08:21 AM IST
Brent and US oil mark fresh 6-1/2-year lows on China and oversupply
US October crude also had dropped 60 cents to $39.85 a barrel, after hitting $39.71 a barrel or the lowest since $39.44 in March of 2009.
Aug 24, 2015, 08:09 AM IST
China manufacturing index tumbles to more than six-year low
A key indicator of China's manufacturing activity slumped to a 77-month low in August, an independent survey showed today, fuelling concerns of further deceleration in the world's second-largest economy.
Aug 21, 2015, 12:32 PM IST
European stocks slump on China`s economic woes
European stock markets fell on Thursday, weighed down by concerns over the health of China`s economy and sliding oil prices.
Aug 20, 2015, 22:51 PM IST
China FDI up 5.2% in July year-on-year on M&A: Govt
"The amount and the proportion of foreign capital mergers and acquisitions rose sharply between January and July," it said in a statement.
Aug 19, 2015, 09:47 AM IST
ECB worried about economic slowdown in China, minutes show
Nevertheless, the fallout from the Greek crisis and slowing growth in emerging economies such as China were still fairly limited so far, the council agreed.
Aug 13, 2015, 19:03 PM IST
China July factory activity shrinks most in 2 years
The final, private Caixin/Markit China Manufacturing Purchasing Managers` Index (PMI) dropped to 47.8 in July, the lowest since November 2011, from 49.4 in June.
Aug 03, 2015, 08:36 AM IST
China mulls financing guarantee fund for SMEs to boost support
China on Friday said it will set up a national financing guarantee fund for bank loans to small and medium firms in its latest effort to boost financial support as the world's second-largest economy grapple with a slowdown.
Jul 31, 2015, 19:04 PM IST
China stocks look set for biggest monthly loss in six years
Stocks have plunged more than 30 percent since mid-June, threatening further risks to an economy that is expected to post its slowest growth in a quarter of a century this year.
Jul 31, 2015, 10:16 AM IST
Chinese economy facing some problems but functioning well: Xi
As China's economic growth continued to slowdown sparking concerns at home and abroad, President Xi Jinping has said that the economy is facing "some problems" but functioning well in general.
Jul 30, 2015, 20:45 PM IST
