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The benchmark Shanghai Composite Index fell 8.5 percent, its biggest one-day loss since February 2007.

Australian Treasurer Joe Hockey said that though markets would remain volatile for a while, the global economy’s fundamentals remained fairly strong.

Yet those gains would come at the expense of manufacturers in other countries, including the United States and Europe.

What is really unusual, however, is that over the past year the U.S. has refused to defend its export market share, as the U.S. government has taken no official policy position on the value of its currency. Yet those gains would come at the expense of manufacturers in other...

Regulators said they would allow the State Pension Fund to invest up to 30 percent of its total net assets in stocks and other equities, but that move was an approval of a policy announced earlier and had no discernable impact on investor sentiment.

As the selling accelerated, some benchmark indexes were at or near 10 per cent below their recent peaks – a “correction” in Wall Street parlance.

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....

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...

More than a week after two massive explosions at a chemical warehouse tore into the northeastern Chinese port of Tianjin, officials are still trying to work out how safe is the city’s air, its earth and its water.

“Given the sufficient forex reserves with the RBI, the central bank will not allow the continuous slide in rupee’s value”.

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...

A dozen fire engines and 150 firefighters extinguished the blaze about 1:50 am Sunday at the Runxing Chemical Technology Company in the Shandong province city of Zibo, the Xinhua news agency said.

Oil has dropped below $40 a barrel for the first time since the end of the global economic crisis.

Leading members of the Organization of Petroleum Exporting Countries are maintaining output, while Citigroup Inc. predicts crude may slide to as low as $32/bbl, a level last seen during the world financial crisis.

World markets had already been on edge after China’s surprise devaluation of the yuan last week and a 33 percent fall in its stock markets since mid-year.