China’s stock market opened at $2,742 a share at 7:40 p.m.ET (4:40 a.m., Beijing time) on Tuesday, a sharp decline from Tuesday’s closing price of $3 and a five-month high of $2.766 a share.The Shanghai Composite Index (SCI) was at $5,200.50, up 11.3 percent from the previous close of $4,812.50 a share and the longest…
Stock market analysts have warned that the markets could see “a big correction” in the coming years due to rising global economic problems and concerns about the health of the economy.The analysts believe that the world economy will have to grow by around 5% in order to meet its commitments to spend at least 1%…
AUSTIN, Texas — The Australian dollar has dropped below 70 US cents against the U.S. dollar for the first time in a year as investors prepare to hit the market for a second straight week.Aussie gold futures are down 0.5 per cent on Wednesday to settle at $US80.50 an ounce, down from the $US84.30 that…