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US stocks fall amid China growth fears

Ongoing worries about the health of the Chinese economy and another big sell-off in drug manufacturers pushed the US stock market back towards its...

Chinese currency stable, bank governor insists

China’s central bank governor has insisted the yuan is stable, in a bid to dispel fears of more declines following a surprise devaluation that...

Bank of England governor Carney: Chinese problems unlikely to prevent UK interest rate rise

China's economic problems are “unlikely” to derail plans to raise interest rates in the UK, Bank of England Governor Mark Carney has claimed. The Chinese...

China cuts main interest rate

China has cut its main interest rate. The reduction, of a quarter of one percent, will take effect from tomorrow and is aimed at boosting...

Greece stock market reopens, loses 22% of value

Shares on the Athens Stock Exchange are suffering huge losses of over 22% after the market reopened for the first time in more than...

IMF chief Christine Lagarde hopeful of global economic recovery

The world economy is recovering but is still fragile and “faces some downside risks”, according to International Monetary Fund (IMF) chief Christine Lagarde. In an...

China: The silent helper of nations

In today's economy, China has risen up to becoming one of the world's fastest growing economies. In the past 20 years China's GDP increased...

Greek PM in Brussels for final bailout deal attempt

Greek PM Alexis Tsipras has flown to Brussels in hopes of clinching a bailout deal that might keep his country from defaulting on its...

U.S. industrial output hurt by weakness in manufacturing, mining

U.S. industrial production unexpectedly fell in May as manufacturing and mining activity remained weak, a sign that a strong dollar and spending cuts in...

Number of shoppers in UK stores falls for second month in a row

The number of shoppers visiting UK stores fell for the second month in a row in May, figures show. Footfall was 1% lower last month...

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