U.S. stocks rebounded Tuesday after China cut its benchmark interest rate for the fifth time in nine months in an attempt to boost slowing economic growth.
Alibaba Group Holding Ltd (BABA) chief executive Daniel Zhang penned a memo to employees following the company's NYSE crash.
Wang Jianlin, the richest person in Asia and chairman of the Dalian Wanda Group, was the hardest hit, losing $3.6 billion.
Profits after tax tumbled to $1.91 billion -- its worst performance in over a decade.
China's first amnesty in four decades will free military veterans, the elderly and disabled, and minors -- as long as they pose "no threat to society."
Goni was accompanied with strong winds and heavy rains in most of western Japan.
The move is the fifth one since November by the People’s Bank of China, which is struggling to contain a stock market crash and stem an economic slowdown.
After suffering severe losses on Monday, European indexes jumped over 3 percent during early trade Tuesday.
A roller-coaster day on the Chinese markets saw stocks slump, rebound and then plunge again, as an injection of more than $23 billion of funds into the market by the Chinese authorities failed to calm market sentiment.
The price of crude oil recovered slightly from Monday's record lows but prices are predicted to fall further to 2008 levels.
Most Asian markets, which started recovering after Monday’s dramatic fall, were hit by wild fluctuations Tuesday.
Cheaper oil imports mean local producers find it unviable to invest in new projects, making energy self-sufficiency a tough task.
Choe Ryong Hae, secretary of the Central Committee of the Workers' Party of Korea, will attend the Sept. 3 parade, Chinese deputy foreign minister Zhang Ming told a news briefing.
The injection of liquidity into the market by China has only had a limited impact on jittery investor sentiment.
But even though Scotch and luxury cars may no longer make it to China, Europe will survive China's currency devaluation.
Emerging markets in Southeast Asia will suffer the most from Chinese devaluation but are protected from some of the worst losses seen in 1997.
Google, Facebook, Netflix and Apple all beat previous close prices, while the Nasdaq overall just misses out.
The three major U.S. markets are down by double digits from their past peaks. Relax. They've done that twice since the Great Recession.
European Union-led sanctions against Russia have caused many top weapons manufacturers to avoid attending the September event.
Asian nations' ability to cope with China's market meltdown will likely vary, analysts said.
Acknowledging sexual minorities is an "important step" for expanding human rights, said Samantha Power, the U.S. ambassador to the U.N.
The recent financial market panic can be traced back to China's very real economic slowdown. Here's why it matters around the world.