Economy

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…




China new

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…







UK

UK Manufacturing PMI Rose 0.5

UK manufacturing PMI surge 0.5 from previous month to 51.9. The manufacturing purchasing manager’s index rose up from 26 month low of 51.5 in June,…