The gold price drop last week showed its lowest since 2010 and the yellow metal is poised for further fall likely to record biggest monthly drop in the past two years.
Tags: China
Food prices at its lowest in 6 years: Here are the reasons why
The UN FAO reported low food price index - the lowest in six years. If the situation persists, the price drop will be welcomed by consumers globally, which is also beneficial for poor countries. But the plentiful supplies of these products may also have a negative impact for farmers with prices not enough to cover for production costs.
China's July exports slump 8 percent, raises pressure for more stimulus
Chinese exports tumbled 8.3 percent in July, their biggest drop in four months and far worse than expected, reinforcing expectations that Beijing will be forced to roll out more stimulus to support the world's second-largest economy.
Giant coal company Alpha Naturals seeks bankruptcy court protection
The U.S. coal industry is hit by another major blow as Alpha Natural Resources Inc. will file for Chapter 11 bankruptcy court protection on Monday.
Stock markets expected to be under 4% annual growth
The slowdown in economic growth in major economies is expected to keep the stock markets under four percent annual growth in the near future. The second half of 2015 is expected to be sluggish following the bleak economy outlook for the US, EU and China.
Latest News
France is rethinking its taxi laws with the rising demand for Uber and other online ride-hailing services. France's Economy Minister Emmanuel Macron says key players are meeting next month to re-examine the industry's economic model.
Concerns over China dominated financial markets on Monday, with the biggest fall in Shanghai shares in eight years driving stock markets and prices of major commodities lower across the board.
Senators from both the Republican and Democrat sides of the US Senate have come together to enact legislation that will enhance the powers of the US Department of Homeland Security in order to protect government Internet addresses.
Walmart is buying 49 percent of Yihaodian's stake, an e-commerce website based in China. This is part of Walmart's fundamental plan to distribute its products to Chinese consumers through its online service.
Alibaba Group Holdings Ltd, the leading Chinese e-commerce corporation has declared a tie-up with Unilever NV, the well-known provider of personal care, home and food products, to grant Chinese consumers the majority of its quality products from around the world.
Xshot Deluxe has finally came up with what the selfie fans have been dreaming of. A shutter remote control for the perfect shot!
Encrypted messaging app Telegram was hit by a huge distributed denial of service attack over the weekend impaling its servers in Asia.
China's securities regulator took the drastic step of ordering shareholders with stakes of more than 5 percent from selling shares for the next six months in a bid to halt a plunge in stock prices that is starting to roil global financial markets.
U.S. crude futures fell more than 1 percent on Wednesday after a surprise build in stockpiles while gasoline rallied on bets for strong fuel demand through the peak summer driving season.
