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News & Updates

January 8, 2016 Chinese Imports Just Doomed Another 1,200 Jobs at Alcoa

Source: Fortune

Alcoa Inc. ( AA -3.95% ) is to close the biggest active aluminum smelter in the U.S., succumbing to the flood of cheap exports from China that has trashed prices for the metal.

January 8, 2016 Global stocks, oil stabilize after new year nightmare

Source: Reuters

Gains by Chinese stocks, a steadier yuan and a recovery in oil prices helped calm frazzled investors on Friday, just in time for the first U.S. payrolls report of the year.

January 7, 2016 World Bank Cuts Global Growth Forecasts

Source: Bloomberg

The global economy will sputter along this year as China’s slowdown prolongs a commodity slump and contractions endure in Brazil and Russia, the World Bank said

January 7, 2016 World stocks slide as China trading halted after plunge

Source: Washington Post

HONG KONG — Chinese stocks nosedived Thursday, triggering their second daylong trading halt this week and sending share markets, Asian currencies and oil prices lower as investor jitters rippled across the globe.

January 7, 2016 Britain's Cameron in Germany to Pursue Quest for EU Changes

Source: NY Times

BERLIN — British Prime Minister David Cameron sought to push forward his campaign for changes to the European Union during a visit to Germany Thursday, arguing that his proposals would benefit the EU as well as Britain.

January 6, 2016 Five economic fears behind the Chinese stock slide that shook world markets

Source: LA Times

For the second time in less than six months, concerns about China’s rocky transition from an export-fueled industrial nation to a more mature developed economy have rattled global financial markets.

January 6, 2016 Dow trims losses, sheds 276 after earlier freefall

Source: USA Today

Stocks around the world plunged on the first trading day of 2016, with the Dow diving 470 points in intraday trading before moderating its losses amid fresh signs of slowing growth in China, the world's second-biggest economy.

January 4, 2016 China’s Economy Starts 2016 at Slowest Pace in Years

Source: NY Times

China, the world’s second-largest economy, looked set for a weak start to 2016 after activity in the manufacturing sector contracted for a fifth straight month in December, suggesting the government may have to step up policy...

December 31, 2015 Five countries crushed by oil price collapse

Forex Street - Countries that produce the world's crude are getting crushed by low prices. Huge budget surpluses are turning into deficits, and generous social programs are being replaced with austerity and cuts. Oil has...

December 31, 2015 Will the ASEAN Economic Community be a bang or a bust?

Source: CNBC

The ASEAN Economic Community (AEC) will come into effect Thursday and holds immense potential for the region. However, the full-scale of implementation is far from complete

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