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During its Unpacked event Samsung unveiled the high-end Galaxy Note 5 and Galaxy S6 edge+ smartphones, but shared few details on pricing options. The Galaxy S6 Edge+, meanwhile, will be US $814.99 (approximately Rs 53,300) for the 32GB, and US $914.99 (approximately Rs 59,800)...

Specialist John O’Hara works at his post on the floor of the New…

U.S. stocks rebounded in afternoon trading Wednesday after slumping for six straight days on concern that growth in China was slowing more quickly than previously thought.

Meanwhile, the spread between the Brent and the WTI crude contracts stood at 7.08 a barrel, compared to 6.88 by close of trade on Wednesday.

The VSTOXX index that monitors volatility in European stocks, hit 35 on Monday morning, the highest since the 2012 euro crisis woes.

The three indexes closed lower three days in a row as investors wrestled with uncertainty over increased signs of a slowdown in China’s economy and the timing of a long-expected interest rate hike by the Federal Reserve.

Most other Asian currencies managed to rebound, and stock and commodity markets picked up. But the International Monetary Fund has certainly noticed, suggesting that “a more market-determined exchange rate would facilitate SDR operations, in case the renminbi were included...

Chinese authorities are investigating four securities brokerages and one current and one former employee of its securities regulator for possible stock market offenses. After hitting a seven-year high in mid-June, the Shanghai stock index has dropped more than 40 per cent,...

The last market correction was four years ago.

China’s central bank today (Aug 25) cut interest rates and lowered the amount of reserves the country’s banks must hold, cranking up support for a stuttering economy and a plummeting stock market that has sent shockwaves around the globe.

The Ftse 100, which marked its biggest weekly loss of the year on Friday, has now fallen for 10 sessions in a row, its longest continuous decline since 2003.

US stocks initially posted their sharpest rally of the year in Tuesday morning trading after investors looked for bargains a day after Wall Street’s worst performance in four years.

A cheaper yuan will help Chinese exports by making them less expensive on overseas markets.

China’s Shanghai Composite plunged further this morning, opening more than six per cent down – but other major indices in Asia regained ground in morning trading as investors made the most of yesterday’s bloodbath.

Robert Kleinhenz, chief economist with the Los Angeles County Economic Development Corp., agreed.