stock markets

China Moves to Strengthen Chinese Yuan as Stock Markets Plunge: Report

China Moves to Strengthen Chinese Yuan as Stock Markets Plunge: Report

China's state-owned banks have reportedly interfered to prevent the Chinese yuan from falling quickly.

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Indian Rupee nears record low as stocks rebound

Indian Rupee further fell in a narrow range and was nearing its record low. On the other hand, stocks on the Indian bourses staged a recovery. The S&P BSE Sensex was up 0.8 percent paring intraday loss of 1.2 percent. Overseas investors continued to offload in the Indian stock markets.

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Average US rate drops to 3.81%

The major factors such as oil price fall, economy growth concerns and uncertainty in stock markets are keeping more pressure on mortgage rates in the US market. The average US rate on long-term mortgage dropped for three weeks in a row to 3.81 percent. The average rate on 15-year mortgages dropped to 3.10 percent from 3.19 percent.

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World stocks mostly higher on steady Yuan, Greece expected bailout

Most of the world stock markets were higher last Monday due to the steady Yuan and the expected bailout of Greece.

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Global shares take heart from oil bounce, dollar capped

Stock markets recovered from their latest bout of oil and growth-related trauma on Tuesday, helped by promises from U.S. policymakers and the head of the IMF that lower fuel costs would boost the world economy.

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Stock markets hunker down for incoming volatility due to impasse

As the budget deadlock continues, the stock market's fear index is rising and many investors are preparing for future stock volatility.

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Bernanke's testimony causes world stock markets to waver

Bernanke's testimony caused world stock markets to waver between gains and losses.

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