Business

South Korea resumes propaganda broadcasts after nuke test by North

U.S. Secretary of State John Kerry urged China, the North’s only major ally and its biggest aid provider, to end “business as usual” with North Korea.

Saudi Arabia posts $98B deficit amid low oil prices

In 2015, Saudi Arabia’s budget deficit soared to $98 billion, a larger than expected move higher.

China stocks swing in volatile trade as circuit breaker scrapped

The decision came hours after CSRC officials held an emergency meeting to discuss conditions on the nation’s tumbling stock market, according to a person familiar with the discussions who asked

Yuan hits a five-year low after China devalues again

Mexico warned that China’s weakening of the yuan could trigger a global currency war, as the peso hit new lows against the dollar. The central bank also said on Monday

World stocks slide as China trading halted after plunge

The malaise spread across continents, sending indexes sharply lower in the USA and Europe.

World Shares Slide After China Trading Turmoil

An investor rests in front of a dark electronic board at a Beijing brokerage house after China suspended trading Thursday for the second time this week. Chinese stocks nosedived on

China stocks volatile after global selloff

However, he argued, “while traders remain uneasy about China, the broader outlook for emerging markets is more optimistic (or at least less pessimistic)”. Chinese markets usually close at 3 p.m.

Macy’s Stores Near the Valley to Close

Macy’s, Inc. announce Wednesday that 40 Macy’s stores (out of a current total of about 770 Macy’s stores) will be closing. The other four stores were closed in the final

Fed minutes: Some saw December rate hike as ‘close call’

“Although nearly all still expected that the downward pressure on inflation from energy and commodity prices would be transitory, many viewed the persistent weakness in those prices as adding uncertainty

US stocks open modestly higher as markets stabilize

German and French stocks were down 0.6 percent after opening around 1 percent higher while Britain’s FTSE 100 index was down 0.1 percent.

China announces plan to limit large share sales

Chinese shares closed mixed in volatile trading Tuesday morning, following Monday’s 7 percent fall that led to trading being suspended under the Chinese market’s new circuit-breaker mechanism.

Durant scores 29 points in Thunder win over Charlotte

NOTES: Oklahoma City F Kevin Durant was injured kicking somebody by accident in Charlotte Saturday.

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