Skip to content

Tag: chinese crash

Michael O'Mara

European Shares Fall As China Concerns Still Weigh

From Reuters: LONDON, Aug 26 (Reuters) – European shares fell on Wednesday, tracking declines in other markets as concerns about China’s economy persisted, with bank and mining stocks lagging. The pan-European FTSEurofirst 300 index, which rose 4.3 per cent on

China Fist (Goh Chai Hin / Getty)

China Communist Party’s ‘Iron Fist’ Halts Stock Crash

Despite authorities suspending trading in over 50 percent of domestic stocks, banning large holders from selling, funding state-owned financial institutions’ purchases, and arresting short-sellers, China’s CSI 300 Index crashed in the morning Thursday, before eking out a 2 percent gain by midday.