Oil near six-and-a-half-year lows as China economy fears linger
Wed Aug 26, 2015 5:18am EDT
Crude oil futures edged up on Wednesday, but were still not far off 6-1/2 year lows after China’s central bank moved to support the country’s stumbling economy, while concerns about a supply glut capped gains.
Oil rallies but still near 6-1/2-year lows
Tue Aug 25, 2015 4:55am EDT
Oil bounced back from heavy losses on Tuesday but global oversupply and worries over the severity of the economic slowdown in China, the world’s top commodity consumer, kept prices near 6-1/2-year lows.
Global stocks, dollar rebound but China smashed again
Tue Aug 25, 2015 4:00am EDT
Volatile global markets got some respite from the latest blood-letting on Tuesday as bargain hunters nudged up Asian and European stocks, though China, at the center of the rout, was smashed again
German budget surplus stood at 1.4 pct/GDP in H1 2015
Tue Aug 25, 2015 2:30am EDT
Germany’s budget surplus stood at 21.1 billion euros ($24.41 billion), or 1.4 percent of gross domestic product (GDP), in the first half of 2015, the Federal Statistics Office said on Tuesday.
Wall St. suffers worst day in four years, S&P confirms correction
Mon Aug 24, 2015 6:55pm EDT
Investors rattled about China sent U.S. stock indices almost 4-percent lower on Monday in an unusually volatile session that confirmed the S&P 500 was formally in a correction, even after a dramatic rebound by Apple.