Oil sinks 4%, hits fresh 6-1/2-year low on China

Last Updated: Monday, August 24, 2015, 16:30

Oil prices fell more than 4 percent to fresh 6-1/2-year lows on Monday after Chinese stock markets suffered their biggest one-day drop since the global financial crisis, intensifying worries over the outlook for global oil demand.

China to invest $547 bn pension fund in stock markets

Last Updated: Sunday, August 23, 2015, 19:39

In a surprise move, China Sunday permitted its USD 547 billion pension fund, the largest in the world, to be invested in stock market barely weeks after its biggest crash which wiped out about USD four trillion capital between June and July.

Currency devaluation raises question on China's strength: Rajan

Last Updated: Thursday, August 20, 2015, 12:46

Terming devaluation of currencies as a "worrisome trend", RBI Governor Raghuram Rajan on Thursday said China's move to devalue its currency and to protect its stock markets raise questions about the 'true strength' of the world's second largest economy.

Watch: China's stock market falls, EU pressure on Russia

Last Updated: Wednesday, August 19, 2015, 18:27

China's stock drop sharply on Wednesday amidst continuing worries for their economic growth. Over the last 13 months, nearly 1 trillion dollar is said to have flowed out of the country.

Shanghai shares close up 4.92%

Last Updated: Monday, August 10, 2015, 13:57

Shanghai shares closed up 4.92 percent on Monday on speculation of a broad overhaul of state-owned enterprises after weak economic figures released over the weekend, dealers said.

Over 20 mn small investors fled China stock market after crash

Last Updated: Thursday, August 6, 2015, 20:56

The number of small investors holding stocks in their accounts slid to 51 million at the end of July from 75 million in June, China Securities Depository & Clearing Corp, the agency that tracks accounts said.

China 'strong enough' to handle market turmoil: IMF

Last Updated: Wednesday, July 29, 2015, 20:41

International Monetary Fund Managing Director Christine Lagarde said Wednesday that China could weather the turmoil battering its stock exchanges.

China stocks slide for fourth day but futures steady

Last Updated: Wednesday, July 29, 2015, 08:50

China stocks fell for a fourth straight session on Wednesday but losses were more subdued than earlier in the week, while futures markets steadied after the government announced more market support measures.

China stocks fall again, despite government efforts

Last Updated: Tuesday, July 28, 2015, 17:10

Chinese shares sank today, a day after Shanghai's steepest slide in eight years, defying renewed government vows of support that analysts warned were not enough to settle nervous investors.

Asian markets sink as Shanghai falls further

Last Updated: Tuesday, July 28, 2015, 16:48

Asian markets mostly fell again Tuesday, with Shanghai seeing another round of wild volatility a day after its heaviest one-day loss in more than eight years.

China stocks tumble, suffer biggest one-day loss in 8 years

Last Updated: Monday, July 27, 2015, 13:30

Major indexes suffered their largest one-day drop since 2007, shattering a period of relative calm in China`s volatile stock markets since Beijing unleashed a barrage of support measures to arrest a slump that began in mid-June.

Oil falls to lowest close since March, down a fourth week

Last Updated: Saturday, July 25, 2015, 09:19

Brent and US crude futures settled on Friday at their lowest since March and posted their fourth straight weekly decline as weak economic data from China and a rise in U.S. oil drilling rigs applied pressure.