Pavan Sharma

US stocks rose about 1% as China stepped in to stabilize the Yuan, soothing concerns that currencies would be the latest weapon in the long-drawn trade war, a day after Wall Street suffered the sharpest one-day percentage drop of the year.

Global markets sold off sharply overnight as shares on Wall Street were down -3%, triggered by China’s willingness to let the yuan slide in response to the latest US threats on trade. 

Global markets ​were lower on Friday as Wall Street extended its sell-off amid renewed trade fears, capping a week where the benchmark US S&P 500 index and the Nasdaq saw their worst weekly percentage plunges since the market sell-off in December last yea

This week’s podcast ​discusses Port of Napier, will it be the little IPO that beats the market?

Global markets sold off overnight as the US Federal Reserve ​lowered its benchmark interest rate by 0.25%, the first rate​​ in the US since the 2008 financial crisis