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News & Updates
January 13, 2016 China’s Exports (And Imports) Look Better Than Its Stock MarketSource: Fortune
Exports fell in December by 1.4% in U.S. dollar figures. Analysts surveyed by Bloomberg were expecting an 8% drop. Exports to Europe and Hong Kong drove the improvement, and even though the Chinese yuan fell in value against the...
January 11, 2016 Shares, oil steady in Europe after China sends Asia sprawlingSource: Reuters
World stocks fell to near 2-1/2 year lows on Monday as a fresh pounding for Chinese markets left Asia at a four-year trough and sent oil and commodity markets sprawling again.
January 8, 2016 Chinese Imports Just Doomed Another 1,200 Jobs at AlcoaSource: 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 nightmareSource: 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 ForecastsSource: 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 plungeSource: 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 ChangesSource: 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.
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 freefallSource: 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 YearsSource: 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...
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