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Focus turns to U.S. data as China slowdown looms

2015-08-29 03:21:03| Auto Dealers - Topix.net

After a dizzying two weeks that saw a rapid plunge and rebound in equity prices, investors are looking forward to a week of economic data that may provide clarity on the likelihood of a near-term U.S. interest rate hike and help tamp down the market's recent wild swings. The economic figures will culminate in Friday's jobs report that should reveal more about the strength of the U.S. economy.

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China's slowdown and cheap oil

2015-08-26 16:58:55| BBC News | Business | UK Edition

How China's slowdown has pushed the oil price lower

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IDC cuts smartphone growth forecast on China slowdown

2015-08-25 15:52:00| Telecompaper Headlines

(Telecompaper) IDC has cut its forecast for global smartphones sales this year, due to the slowdown in China. It now expects annual growth of 10.4 percent to shipments of 1.44 billion smartphones, down from its previous forecast of 11.3 percent growth in 2015. China is the world's largest smartphone market, good for almost a third of phones sold last year. However, growth in China is expected to slow to just 1.2 percent this year, from 19.7 percent in 2014, as the market matures in line with the pattern seen in many Western countries. China is expected to still remain the largest market for smartphone volumes throughout IDC's forecast period, but its share will fall to an estimated 23.1 percent in 2019 as other markets like India continue to expand. 

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VIDEO: Global impact of China's slowdown

2015-08-25 01:54:10| BBC News | Business | UK Edition

Hundreds of billions of dollars have been wiped off stock markets around the world.

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US close: Stocks tumble as global markets are hit by China slowdown fears

2015-08-24 23:45:35| Grocery - Topix.net

US stocks ended a volatile session off their worst levels but still sharply lower on the back of a major selloff that saw Chinese shares plunge to their lowest point since 2007. The Dow Jones Industrial Average, which had fallen by over 1,000 points at the open, ended down 588.47 points or 3.6%, while the Nasdaq closed 3.8% or 179.79 points weaker.

Tags: close china global hit

 

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