China's yuan posts best month since 2005 revaluation
China`s yuan eased on Thursday but posted its biggest monthly gain at the month-end, in percentage terms, since the Chinese currency was revalued and taken off a fixed dollar peg in 2005.
Aug 31, 2017, 15:10 PM ISTChina's debt spectre could haunt Fed's policy meetings
Two years ago, it was a collapse in Chinese stocks, a surprise yuan devaluation and shrinking foreign exchange reserves that roiled financial markets that delayed the Fed, but it did raise rates three months later and has tightened further since.
Jul 24, 2017, 09:23 AM ISTChina cuts yuan fix in biggest downward move since devaluation
China weakened the yuan's fixing almost one percent to a five-and-half-year low against the dollar today, officials said, the biggest downward move since August as the greenback surge after Britain's vote to leave the European Union.
Jun 27, 2016, 10:53 AM ISTChina cuts yuan fix in biggest move since devaluation
China only allows the yuan to rise or fall two percent on either side of the daily fix, one of the ways it maintains control over the currency.
May 04, 2016, 16:37 PM ISTChina says economy will "absolutely not" experience hard landing
China`s economy isn`t headed for a hard landing and isn`t dragging on the global economy, China`s top economic planner said on Sunday, but uncertainty and instability in the global economy do pose a risk to the country`s growth
Mar 06, 2016, 21:50 PM ISTYuan devaluation worrying for Indian exports: Nirmala
Commerce and Industry Minister Nirmala Sitharaman said the devaluation of the yuan will make imports cheaper from China to India.
Jan 08, 2016, 20:13 PM IST
Oil slides below $33 to near 12-year low as China turmoil rattles investors
Oil fell below $33 a barrel on Thursday for the first time since April 2004 as a fall in Chinese shares rattled investors already concerned by near-record production and massive stockpiles of unwanted crude and refined products.
Jan 07, 2016, 21:24 PM IST
Worst crash of 2016: Why Sensex went on a free fall
The NSE Nifty too plunged headlong as it went below the 7,600-mark by falling 172.70 points, or 2.23 percent, on massive selling across sectors.
Jan 07, 2016, 17:32 PM ISTChina's economic pain can't be India's gain: Chinese media
China's economic pain cannot be India's gain as both economies are not at the same level of development, according to an article in a state-run Chinese daily which said a view that India can take advantage of China's turmoil may cause "unnecessary jitters" between them.
Sep 23, 2015, 19:46 PM ISTGoldman Sachs chief Lloyd Blankfein `would not invest in China`
The chairman of investment banking giant Goldman Sachs has slammed China`s handling of its economy, adding he would not currently invest in the country, the Wall Street Journal reported Thursday.
Sep 17, 2015, 17:00 PM ISTGovt keeping close watch on dumping: Sitharaman
The government is keeping a close watch on dumping in view of recent devaluation of Chinese currency, Commerce Minister Nirmala Sitharaman said Friday.
Sep 11, 2015, 22:31 PM ISTYuan devaluation: Sensex fifth largest loser with 7.5% plunge
Global markets, including Indian, have been on a downward trend ever since the news of the slowdown in China took centre-stage.
Sep 11, 2015, 18:38 PM ISTChina bank lending falls back in August
China`s bank lending retreated in August, the central bank said Friday, after a sharp rise in July when the government directed funds into the stock market.
Sep 11, 2015, 17:08 PM ISTChina to launch new crude oil benchmark
China plans to launch a yuan- denominated international benchmark for crude oil futures this year aimed at the Asian market, an industry source said Thursday.
Sep 10, 2015, 17:43 PM ISTChina to step up fiscal incentives to boost growth
China will adopt "stronger" fiscal policies to support growth, Beijing said as it seeks to sooth increasing fears about the world`s second-largest economy following turmoil in domestic and overseas markets.
Sep 09, 2015, 16:39 PM ISTChina announces policies to boost financial leasing
The Chinese government on Monday rolled out measures on financial leasing following a top-level meeting chaired by Chinese Premier Li Keqiang in August that resulted in the decision to boost the sector to help cash-strapped firms.
Sep 07, 2015, 20:43 PM ISTChina forex reserves decline on currency efforts: Bloomberg
China's foreign exchange reserves fell by a record USD 93.9 billion last month, reports said, as Beijing sold dollars to support its own currency following jitters over a sudden devaluation.
Sep 07, 2015, 17:25 PM ISTChina defends Yuan devaluation, sees 'limited' impact
China on Saturday defended the recent revamp of its foreign exchange regime that led to a sharp devaluation of the yuan, calling it a "normal adjustment".
Aug 29, 2015, 15:49 PM ISTGlobal turmoil an opportunity for India to overtake China: Foreign Media
Seeing an opportunity in the recent turmoil in China's equity and currency markets, Foreign media is saying India can overtake China as the driver of world economy.
Aug 28, 2015, 12:46 PM 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