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17 May 2024
China
Global Stocks Waver as Yuan Weakens Further
by
MATTHEW CRAFT, AP Business Writer
-
Aug 12, 2015
NEW YORK (AP) — Another drop in China’s currency sent global markets mostly lower on Wednesday as the move raised worries about the world’s second-largest economy, but U.S. stocks recovered most of their losses in late...
As Chinese Yuan Falls, No Cause for Alarm
by
PAUL WISEMAN, AP Economics Writer
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Aug 12, 2015
WASHINGTON (AP) — A free-falling Chinese currency could make China’s goods cheaper for foreigners, squeeze Western companies, discourage Chinese tourism, increase China’s exports and complicate the Federal Reserve’s decision on whether to raise American interest rates....
US Stocks Continue to Slump; China Plunges
by
KEN SWEET, AP Business Writer
-
Jul 27, 2015
NEW YORK (AP) — Stocks fell broadly around the globe on Monday, a reaction to a steep drop in the Chinese market overnight. The losses follow declines in U.S. markets last week, when the three major...
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