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Weaker yuan punishes oil, copper and corn imports

More overseas shipments of surplus steel and diesel will add to glut in global markets
Friday, January 8, 2016 - 05:50
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A renewed plunge in Chinese stock markets has stoked concerns among global investors about the health of the world's second-biggest economy, but there is little evidence that the outlook for China has darkened dramatically in recent weeks.

Seoul

CHINA'S market turmoil is kicking commodities when they're down.

The central bank on Thursday cut the yuan's daily reference rate by the most since August, guiding the currency lower amid tepid growth. While that may help stimulate the flagging export sector, it'll make