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The fund had been expected to include the Chinese yuan currency into its supplementary foreign exchange reserve assets on January 1, 2016.

Particularly with uncertainty about the Chinese currency, “people are saying this is risk, and we step away from the market“. “Even then, the dependent question mark over growth will linger”.

European stocks fell into a correction on Friday, with a dismal week for the market rounding off with downbeat data from China and Greece facing a snap election.

Strategists and traders, noting the lack of major U.S. economic news on Thursday, said the drop in stocks was also likely tied to programmed selling, which came after the S&P 500 moved below one of its most closely watched indicators, a 200-day moving average.

The DAX is some 16 percent below a record high of 12,390.75 set in April and at its lowest level since January.

U.S. September crude was down $1.85 at $40.77 a barrel at 11:41 a.m. EDT (1541 GMT), having fallen to $40.60, the lowest front-month price since March 2009. It said markets will be tracking the eurozone, U.S., and Chinese flash PMI data on Friday very closely.

Although the dog is enjoying the company of the rescuers, people still hope that he would find a new home soon. The blast killed at least 114 people and injured hundreds. Yang had previously worked for 18 years in Tianjin in state industry and local government, rising to...

Discussions of economic issues in policy circles often suffer from a “which way is up?” dilemma; it’s not clear what the problem is that needs to be solved.

If the yuan is not included into the basket next year, China will have to wait another five years for the next review.

PetroChina Co. paced losses for energy companies as oil extended its decline from the lowest close in more than six years.

The Dow Jones Industrial Average closed down 33.84 points, or 0.2%, at 17,511.34, after being off as many as 59 points.

The company whose warehouse exploded in Tianjin, killing more than one hundred and devastating the port area, was licensed to handle unsafe chemicals at the time of the blasts, but suspicions have been raised over its certificates.[Special coverage]. Officials have assured the...

At least 21 firefighters are among the dead, state media reported.

A cheaper yuan is expected to aid exports for the world’s second-largest economy but also underlined concerns about the current status of the Chinese economy.

“Only the “national team”… would be able to turn the tide like this”, said Yingda Securities analyst Li Daxiao, referring to entities acting for the government.