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Global markets surge as Japan’s Nikkei posts biggest gain since 2008

Global stocks surged Wednesday as Japan’s Nikkei 225 index staged a spectacular comeback – rising 7.7 percent, its biggest gain since the aftermath of the 2008 Lehman Brothers bankruptcy.


‘Black Monday’ sends global markets in freefall

The Chinese market collapse is nothing but a bloodbath now after the shares had their worst day of trading since the start of the global financial crisis eight years ago.


China devaluating Yuan, allowing it to hit new lows

China’s yuan fell to four-year low on Wednesday, marking the biggest two-day decline, a day after the People’s Bank of China devalued its tightly controlled currency to support the tumbling Chinese economy.


Samsung profit slides for fifth straight quarter

Samsung Electronics has reported yet another substantial drop in its quarterly profits, as its smartphone unit failed to reverse its declining stronghold in the industry.


China’s stock market rebounds, but is it heading towards a big meltdown?

China's stock market reboundsAs if the financial crisis in Greece and Puerto Rico weren’t enough, the stock markets in China are heading towards carnage. Although the stocks, today, rebound after a frenzy free fall over last two days, the country is facing financial meltdown and the biggest stock market bubble since the Great Depression.

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