Tag Archives: Economy

24Aug/15

Obama briefed on global financial markets developments -White House

Amid volatility in global financial markets, White House presses China to increase financial transparency and to move toward market-determined exchange rate system.

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27Jul/15

China stocks plunge, suffer biggest one-day loss since Feb 2007

China stocks plunge more than 8 percent, their biggest one-day drop in more than eight years, as a government-triggered rebound peters out amid profit-taking, concerns over economic health and fears of an end to Beijing’s inclination toward looser monetary policies.

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20Jul/15

PayPal valued at about $52 billion in market return

PayPal begins trading separately on the Nasdaq, creating a new company that analysts say is worth more than $50 billion (USD). PayPal shares soared to $42.55 in early trading, on its trading debut after it split from e-commerce company eBay.

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13Jul/15

IMF’s Lagarde says agreement found on Greece

IMF Managing Director says on leaving mammoth talks in Brussels that an agreement has been found to move forward with a third Greece bailout deal.

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09Jul/15

China stock market crash explained

(Next Media Online) – China stock markets went into complete meltdown on Tuesday and Wednesday after being in free fall since June 12.
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06Jul/15

Greece a flashpoint for Europe?

(Reuters Business Report) – Don Quixote: a Spanish literary hero famous for tilting his lance at imaginary foes – like windmills.

Austerity though – that’s seen as a very real enemy.

Many Spaniards in solidarity with ordinary Greeks.
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30Jun/15

Analyst says Germany playing “dangerous game of chicken” with Greece

As Greece pleads for a short-term bailout extension to avert a midnight default, a U.S. analyst says Germany must urge the IMF to offer some sort of face-saving measure for Greece or risk further economic fallout.

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08Jun/15

China’s big and bold stock market bull run

(REUTERS) – Meet Lu Tingbo, a physics major at Peking University who’s also an active investor – managing about about 800,000 dollars cobbled together from family, friends and schoolmates.
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