China stocks give up year’s gains as ‘national team’ stays on bench
SHANGHAI (Reuters) – China stock markets slumped again on Monday, giving up all their gains for the year on a massive selloff that dragged down regional markets, with even some state media saying the government rescue attempt had now failed.
China fears, global growth doubts grip markets
MADRID (Reuters) – Markets are watching for China’s next move as signs of a slowdown in the world’s second-largest economy stack up, raising expectations it will act to stoke growth.
China stocks in morning freefall as pension fund rules fail to inspire
SHANGHAI (Reuters) – China major stock indexes collapsed on Monday morning, with traders saying market disappointment over the lack of a liquidity move by the central bank during the weekend triggered a fresh selloff.
Global fears, domestic calm may split week
NEW YORK (Reuters) – The steep and accelerating selloff that pushed the benchmark Standard & Poor’s 500 index into its worst week in almost four years may say more about the outlook for emerging markets than the U.S. companies in the S&P, fund managers and analysts say.
UK’s BT accuses U.S. telecom rivals of hurting competition: FT
(Reuters) – A BT Group Plc executive has called for the United States to require its telecommunications companies to allow access to their networks at regulated prices, similar to rules in place in the United Kingdom, the Financial Times reported on Su…
Average U.S. gas price steady over past two weeks: Lundberg survey
(Reuters) – The average price of a gallon of gasoline in the United States remained steady in the past two weeks, as price rises in several Midwest cities offset cuts in the West, according to the Lundberg survey released on Sunday.
Junior miners jump into medical marijuana, food service amid slump
TORONTO/VANCOUVER/SYDNEY XX (Reuters) – Many of the world’s junior miners are laying down their picks and shovels to start new ventures ranging from egg exporting to medical marijuana farming, as they as try to survive a crash in metals prices by shift…
Iran says an OPEC emergency meeting may stop oil price slide: Shana
DUBAI (Reuters) – Iran’s Oil Minister, Bijan Zanganeh, said on Sunday that holding an emergency OPEC meeting may be “effective” in stabilizing the oil price, Iran’s oil ministry news agency Shana reported.
China fears and global growth doubts grip markets
MADRID (Reuters) – Markets will be watching for China’s next move as signs of a slowdown in the world’s second-largest economy stack up, raising expectations it will act to stoke growth.
IMF official says ‘premature’ to speak of Chinese crisis
RIMINI, Italy (Reuters) – China’s economic slowdown and a sharp fall in its stock market herald not a crisis but a “necessary” adjustment for the world’s second biggest economy, a senior International Monetary Fund official said on Saturday.
