Aly Song / Reuters

Chinese Stocks Slide 6.15 Percent

Chinese stocks, Shanghai SE Composite sank to 3 week low, erasing 6.15 percent to close at 3,748.16 on Tuesday. Shanghai SE share Index plunged even…

BYD Corp.'s Song sport-utility vehicle (SUV) stands on display at the 16th Shanghai International Automobile Industry Exhibition. Photographer: Tomohiro Ohsum

China Devalues Yuan by 1.9 Percent

The People’s bank of China cut Yuan’s daily fix rate by 1.9 percent early this morning after International Monetary Fund (IMF) reportedly delayed a decision…