Gold plunges to five-year lows after early Asia rout

Last Updated: Tuesday, July 21, 2015, 09:44

Gold prices plunged more than 4 percent to five-year lows on Monday as a sudden bout of selling across Shanghai and New York markets during the illiquid early Asian trading hours triggered a mini flash crash, deepening bullion`s biggest rout in years.

New BRICS bank opens for business: Xinhua

Last Updated: Tuesday, July 21, 2015, 08:09

The new BRICS bank opened for business in Shanghai on Tuesday, China`s official Xinhua news agency reported.

Gold plunges to five-year lows after early Asia rout

Last Updated: Tuesday, July 21, 2015, 03:37

Gold prices plunged more than 4 percent to five-year lows on Monday as a sudden bout of selling across Shanghai and New York markets during the illiquid early Asian trading hours triggered a mini flash crash, deepening bullion`s biggest rout in years.

China stocks tumble despite positive economic data

Last Updated: Wednesday, July 15, 2015, 12:56

The stock market recovery that began in China last week after a slew of government steps to halt a crash ran abruptly out of steam on Wednesday, with markets dropping sharply in afternoon trade despite surprisingly positive economic data.

China stocks jump as government restores faith

Last Updated: Friday, July 10, 2015, 16:19

Chinese stocks surged for a second day on Friday as a government rescue plan offered a respite from a month-long rout, but analysts warned of further uncertainty and volatility ahead.

China stocks jump as government restores faith

Last Updated: Friday, July 10, 2015, 10:02

Chinese stocks surged for a second day on Friday as a government rescue plan offered a respite from a month-long rout.

China stocks close up strongly on government moves

Last Updated: Friday, July 10, 2015, 00:01

Chinese stocks stormed into positive territory in volatile trade Thursday as Beijing launched new measures to halt a dramatic sell-off, prompting Asian markets to rebound, but dealers questioned whether the gains would last.

China stems stocks rout, but market faces lengthy hangover

Last Updated: Thursday, July 9, 2015, 18:40

Beijing`s increasingly frantic attempts to stem a stock market rout were finally rewarded as Chinese shares bounced around 6 percent on Thursday, but the costs of heavy-handed state intervention are likely to weigh on the market for a long time.

PM Modi to attend BRICS, SCO summits today

Last Updated: Thursday, July 9, 2015, 09:34

Prime Minister Narendra Modi will attend the seventh BRICS summit in Ufa on Thursday, followed by participating in the Shanghai Cooperation Organisation (SCO).

China markets plunge as government measures fail

Last Updated: Wednesday, July 8, 2015, 20:45

The benchmark Shanghai Composite Index closed down 5.90 percent, or 219.93 points, to 3,507.19. The Shenzhen Composite Index, which tracks China`s second exchange, dropped 2.50 percent, or 48.38 points, to 1,884.45.

China stock market freezing up as sell-off gathers pace

Last Updated: Wednesday, July 8, 2015, 17:46

China`s tumbling stock market showed signs of seizing up on Wednesday, as companies scrambled to escape the rout by having their shares suspended and indexes plunged after the securities regulator warned of "panic sentiment" gripping investors.

BRICS, SCO summits to yield pragmatic results: Chinese experts

Last Updated: Tuesday, July 7, 2015, 18:44

The BRICS Summit and a meeting of the Shanghai Cooperation Organisation to be held in Russia this week would yield pragmatic results including a new development bank, Chinese experts have said.