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By increasing demand for them, the government hopes prices will rise. As the slide highlighted on Monday, those efforts have not been a success.

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...

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....

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...

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

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

“If you look at the interest rate probability according to the Fed fund futures, on August 13 it was showing 50 percent for September and now it’s down to 32 per cent”.

A “correction” is a Wall Street term for when an index like the Dow industrials or the Nasdaq – or an individual stock – falls 10 percent from its most-recent high. Crude oil briefly dipped below $40 a barrel for the first time since March of 2009.

Equities continued to slide across the globe Friday after China released its weakest manufacturing data since the global financial crisis, which accelerated losses in riskier assets.

Manufacturing unit manufacturing on the earth’s second-largest financial system shrank at its quickest price this month in greater than six years, fueling considerations that China’s sudden slowing could have far-reaching results across the globe. The new bout of...

It said in a note: “We believe demand and supply fundamentals remain solid and expect prices to recover further once markets have digested the first Fed move”.

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 Shanghai Composite closed down 3.4% and the smaller, tech-heavy Shenzhen index lost 3%.