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Seventy years after the U.S. dropped an atomic bomb on the Japanese city of Nagasaki, Pope Francis on Sunday (August 9) described the bomb as a “lasting warning to humanity”.

Hong Kong fell 1.53 per cent, or 347.85 points, to finish the day at 22,409.62 – its lowest point since May 2014 – taking it into a bear market after a more than 20 per cent slump from its April peak. The Nikkei 225 index ended day down 0.9% at 20,033.52 points....

“There’s no shortage of things people can cite, from the movement in currencies, to the weakness in commodities and fears about China“, Lee said. “This is about growth“. Gold futures rose as the selloffs spurred a flight to safety, with the yellow...

European stocks were on track for their worst week in six after exporting companies with exposure to China saw their stocks fall after the yuan was devalued. “With the devaluation of the yuan, they have to pay more for every dollar that they buy and chances are some...

The MSCI Emerging Markets Index is heading for its biggest weekly loss since 2013, while the MSCI All-Country World Index has retreated 3.2 percent for the period, the worst since December, according to Bloomberg. That correction was caused by a combination of factors, one being...

Authorities had said they were looking for a “woman wearing a black shirt” who video showed standing in front of the prime suspect, but they now believe she is not connected to Monday’s blast, which killed least 20 people and wounded more than 120. “The...

As if China wasn’t worrying investors enough, the odds of a Fed rate hike in September seems to have lowered. “This is about growth“. The Nasdaq crumbled 6.8% while the S&P 500 sank 5.8%.

Authorities had said they were looking for a “woman wearing a black shirt” who video showed standing in front of the prime suspect, but they now believe she is not connected to Monday’s blast, which killed least 20 people and wounded more than 120.

Tan said that China’s gross domestic product (GDP) accounted for 43 percent of the total created by the economies in the Asian Pacific region, so there is no doubt that other regional currencies will follow the yuan to move lower, while the magnitude of the falls in...

But he failed to clarify their perpetrators and victims while making only an indirect “apology”, by vowing to inherit previous governments’ positions.

South Korean President Park Geun-hye said Saturday that the Friday speech by Prime Minister Shinzo Abe expressing deep remorse for Japan’s wartime actions had fallen short of Seoul’s expectations.

The stock market’s steep decline this week has pushed the Dow Jones industrial average into what is known as “correction” territory.

Behind that were signs Beijing is struggling to prevent a stall in the world’s second largest economy, and that its actions, like the devaluation of the Yuan last week, was having a negative impact throughout emerging markets and would drag in developed economies as well.

October U.S. crude was down 87 cents or 2.1% at $40.44 per barrel having at one time touched a low of 6 ½ years at $39.86 per barrel during the day. At the same time the global benchmark Brent fell 2.5% down to $45.46 per barrel.

Obama has promised a veto if the House and Senate vote against the nuclear