Gains evaporated in afternoon trading, and the timing of the volatility coincided with Apple's iPhone 6S launch event.
Shares of the world's most valuable company traded lower Wednesday after CEO Tim Cook formally unveiled the new iPhone 6S and iPhone 6S Plus.
The software maker argues that the issue is "a matter of national sovereignty."
Willem Buiter issued a note that put the risk of a global recession in the coming two years at 55 percent, with China to blame.
U.S. stocks traded lower in afternoon trading Wednesday, paring morning gains during Apple's iPhone 6S launch event.
A new report from Societe Generale predicts a 30 percent chance of China's economy facing a hard landing.
To communicate with a space probe on the far side of the lunar surface, China will need to rely more on satellite technology.
Analysts say the plans could help slowing growth recover in the final quarter of 2015.
While Wednesday’s rally was seen as a reversal of Tuesday’s rout, investors continue to look to China for further cues.
Myanmar President Thein Sein on Wednesday made his first public appearance since the start of a campaign for Nov. 8 general elections.
A suspect in the Erawan Shrine blast that killed 20 people last month admitted to handing over a backpack containing explosives to the bomber.
"We will accelerate the implementation and improvement of proactive fiscal policy and related measures, do timely fine tuning, and speed up reform," a ministry statement said.
Japan's Nikkei soared 4.7 percent in morning trade, on track for its biggest one-day rise since October 2014.
Why September typically puts a damper on the stock market as volatility rises into October.
The South African rand strengthened from an all-time low Tuesday, rising 1.3 percent to 13.7885 per dollar as of 4:30 p.m. in Johannesburg.
Leaders have trimmed 17 treatments from a list of medicines eligible for coverage.
The European Union Chamber of Commerce in China is calling on China’s government to “change its old ways” and show more trust in foreign businesses.
China is a dream market for Uber, but despite raising $1.2 billion and planning a huge expansion, the challenges it faces could be too great to overcome.
The contract was delayed three years ago when Brazil was forced to cut its state budget as the country's economy began to toil.
Both Russia and OPEC have refused to cut production amid a decline in global oil prices
Amid economic uncertainty, new data from the Organization for Economic Cooperation and Development predicts an economic slowdown for the U.S. and U.K.
A survey of 656 businesses suggested fears of global economic turmoil following an economic slowdown in China had no noticeable impact on U.S. small businesses.