China scraps dividend tax for long-term investors

Last Updated: Tuesday, September 8, 2015, 18:15

Chinese investors holding a stock for more than one year will be exempted from a 5-percent dividend tax from Tuesday, a move aimed at boosting long term investment following recent stock market collapse in the world's second biggest economy.

World markets extend losses as China falters again

Last Updated: Tuesday, September 1, 2015, 23:24

Global stock markets plunged further Tuesday as more gloomy evidence emerged of China's economic slowdown, leading to heavy sell-offs in Asia and Europe.

Asia stocks suffer fresh losses, further volatility tipped

Last Updated: Monday, August 31, 2015, 17:03

Chinese stocks sank again Monday, dragging most other Asian bourses lower amid uncertainty over US interest rates, reviving fears of a broader global economic slowdown that has rocked the world`s financial markets.

Sensex back in red; plummets 318 points as bank, IT stocks weigh

Last Updated: Wednesday, August 26, 2015, 17:10

After taking a day's breather, the benchmark BSE Sensex fell into correction Wednesday as it tumbled by 317.72 points to 25,714.66 -- its fourth fall in last five sessions -- as fresh steps by the Chinese government to stabilise economy failed to revive market sentiment.

Adverse developments have impacts on rest of world: Rajan

Last Updated: Tuesday, August 25, 2015, 23:58

A day after a rout in Chinese stocks triggered the biggest ever carnage in Indian markets, RBI Governor Raghuram Rajan Tuesday said China is a big country and every adverse development has impacts, even as he warned against overburdening central banks to fix struggling economies.

Video: China cuts rates, adds fuel to European stock

Last Updated: Tuesday, August 25, 2015, 18:52

China stocks crashed for the second day on Tuesday prompting the central bank of the world's second largest economy to cut the reserve requirement ratio and key interest rates.

Apple's Tim Cook reassures investors on China, stock boomerangs

Last Updated: Tuesday, August 25, 2015, 00:02

Apple Inc`s Chief Executive Tim Cook took an unusual step of reassuring shareholders on Monday in comments to CNBC about the iPhone maker`s business in China ahead of a dramatic 13 percent drop and rebound in its stock that put it in positive territory.

Great fall of China sinks world stocks, dollar tumbles

Last Updated: Monday, August 24, 2015, 19:32

Alarm bells rang across world markets on Monday as a near 9 percent dive in China shares and a sharp drop in the dollar and major commodities panicked investors.

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.

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 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.