Friday 28 August 2015
 
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China

Exporters run for high ground as China growth story unravels

The alarming scale of China's economic slowdown is pushing European exporters to accelerate a move into premium goods and services, sacrificing volumes if necessary to sustain margins. As Chinese rivals gain expertise in areas

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Oil rises more than 4.5pc as equities rally

Oil prices jumped more than 4.5 per cent on Thursday after a rally in equity markets and an unexpected fall in US crude inventories, but worries over the Chinese economy and a global oil glut kept the outlook uncertain. World stoc

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China must abandon high growth fantasy: Billionaire

China's richest man said on Thursday the government needs to give up any "fantasy" of maintaining high economic growth rates, unusually bold comments at a time when Beijing is grappling to contain a market meltdown that has hammere

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Oil catches breath near 6-1/2-year lows after falls

Oil stabilised on Wednesday after China's central bank moved to support the country's economy, but prices stayed near 6-1/2-year lows as a heavy supply glut kept the market outlook bearish.   "Oil is

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World shares sag as China jitters persist

World shares sagged on Wednesday as investors feared fresh rate cuts in China may not be enough to stabilise its slowing economy or halt a stocks collapse that is wreaking havoc in global markets. Europe's main stock markets,

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EDB to showcase Bahrain in China

A high-level business delegation from Bahrain will travel to China in September to meet Chinese political and private sector leaders, the Economic Development Board (EDB) announced yesterday (August 25). The EDB, which has organised the visit,

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Stocks, oil extend gains after China cuts rates

Shares, oil and core bond yields extended gains in midsession European trade on Tuesday as a tentative market rebound picked up pace after China cut interest rates and banks' reserve requirements to kick-start its wavering economy.

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Stocks, oil extend gains after China cuts rates

Shares, oil and core bond yields extended gains in midsession European trade on Tuesday as a tentative market rebound picked up pace after China cut interest rates and banks' reserve requirements to kick-start its wavering economy.

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China cuts rates to aid economy as stocks sink

China's central bank cut interest rates and lowered the amount of reserves banks must hold for the second time in two months on Tuesday, ratcheting up support for a stuttering economy and a plunging stock market that has sent shockwaves arou

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Great fall of China sinks world stocks, dollar

World stock markets plunged on Monday, as a near 9-per cent dive in China shares and a sharp drop in the dollar and major commodities sent investors rushing for the exit. The Dow Jones Industrial Average dropped more than 1,000 po

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