'When China sneezes, the world could catch a cold'
When China sneezes, the world could catch a cold, said a commentary in China`s Xinhua news agency which added that the global economy is closely tied to Chinese performance.
Aug 26, 2015, 11:25 AM IST
Currency volatility: How it will affect global growth
Faced with falling exports and deflation risks, it suited much of Asia to let their currencies drift lower, until China`s abrupt devaluation triggered a tide of volatility that is upsetting not just their currency management but also their growth strategies.
Aug 26, 2015, 09:33 AM IST
Gold industry analysts expect price boost from currency war fears
Gold prices could rise above USD 1,200 an ounce in the next few months as fears of a currency war following the devaluation of the yuan make equity markets choppy, boosting physical gold and ETF buying, leading industry analysts said at a conference.
Aug 22, 2015, 23:45 PM IST
Currency devaluation raises question on China's strength: Rajan
Terming devaluation of currencies as a "worrisome trend", RBI Governor Raghuram Rajan on Thursday said China's move to devalue its currency and to protect its stock markets raise questions about the 'true strength' of the world's second largest economy.
Aug 20, 2015, 12:46 PM IST
Doubts over Chinese yuan put BOJ in a bind
China`s devaluation of the yuan exposes an undefended flank in the Bank of Japan`s efforts to jolt its flagging economy out of decades of deflation, which rely heavily on a solid pick-up in overseas demand.
Aug 20, 2015, 10:00 AM IST
MFs fear large-scale investor exit on yuan devaluation
Mutual funds managing offshore money are fearing a large-scale investor exit in the event of a further depreciation in the rupee, which has been hit hard after a surprise devaluation of Chinese currency yuan last week.
Aug 16, 2015, 15:49 PM IST
Response to deal with yuan devaluation impact soon: FinMin
Mehrishi pushed for RBI cutting interest rate to encourage manufacturing and boost exports, arguing risks are not much as inflation is low.
Aug 16, 2015, 13:37 PM IST
Gold price snaps 7-week descending trend, revisits Rs 25,000-level
Gold staged a resounding comeback from its multi-year low during the holiday-shortened trading week as jewellery traders and retailers ramped up demand ahead of the peak festival season.
Aug 15, 2015, 17:44 PM IST
China's long march to currency reform takes a step forward
China's currency devaluation is a step in the long march to a more open regime for the yuan, analysts say, but authorities will need to further loosen their controls to promote long-term growth.
Aug 14, 2015, 23:51 PM IST
Yuan devaluation to have temporary impact on rupee: CEA
The Finance Ministry on Friday said the devaluation of Chinese currency will only have a temporary impact on the rupee as India has adequate foreign exchange reserves.
Aug 14, 2015, 21:34 PM IST
Gold price today: Latest updates
Gold prices fell by Rs 135 to Rs 25,879 per 10 grams in futures trade Thursday amid a weak trend overseas and profit-booking by speculators.
Aug 13, 2015, 19:49 PM IST
Rupee plunges to new 2-year low, weakens past 65 Vs USD on yuan woes
The rupee has dropped by 136 paise or 2.13 percent in the last seven trading sessions as the Chinese central bank's continued effort to guide the yuan lower.
Aug 13, 2015, 19:03 PM IST
Rupee may weaken further on China currency depreciation: Citi
India seems to be less vulnerable to China's currency depreciation through direct channels, but the rupee may still weaken, says a Citigroup report.
Aug 13, 2015, 15:54 PM IST
Malaysian economy grows at slowest pace in nearly two years
Malaysia`s economy grew at its slowest pace in nearly two years in the second quarter, the government said Thursday, the latest negative sign for policy-makers faced with a plummeting currency and political turmoil.
Aug 13, 2015, 13:00 PM IST
Rupee hits 23-month low, falls past 65 against US dollar
The rupee fell past 65 against the American currency and was quoting lower by 22 paise at 65 per dollar Thursday on fresh dollar demand from banks and importers.
Aug 13, 2015, 12:26 PM IST
China yuan devaluation rattles India Inc; cheap imports may rise
With China's move to devalue its currency, engineering and textile exports from India are expected to take a major hit with Chinese goods becoming more competitive.
Aug 12, 2015, 22:39 PM IST
Nifty tanks 113 points on weak global cues
The benchmark Nifty tanked 112.90 points to end below the crucial 8,400-level Wednesday, mainly dragged down by selling in realty, metals, energy, banking and financials space reacting to weak global cues after China devalued its currency yesterday.
Aug 12, 2015, 20:29 PM IST
Yuan devaluation is challenge; but India can overcome: SBI chief
State-run SBI chief Arundhati Bhattacharya Wednesday said Chinese currency Yuan devaluation is a challenge and expressed hope that India has potential to overcome this challenge.
Aug 12, 2015, 20:06 PM IST
Rupee tumbles 59 paise to near 2-year low of 64.78 against USD
Declining for the sixth consecutive session, the rupee tumbled by 59 paise to nearly 2-year low at 64.78 against the US dollar Wednesday on sustained demand for the American currency from banks and importers on the back of firm greenback overseas following yuan devaluation.
Aug 12, 2015, 18:07 PM IST
China devalues yuan further, sparks fears of currency war
Tuesday's devaluation by the world's second largest economy, the first since 1994, was effected amid slowing down of the economy which is hovering around seven percent and falling exports.
Aug 12, 2015, 17:57 PM IST
