Chinese Stock Slump Causes Global Concern
Stock markets around the world take a downward turn following cues from China where, after a seven percent slide, trading was temporarily halted to prevent further price drops.
Stock markets around the world take a downward turn following cues from China where, after a seven percent slide, trading was temporarily halted under new 'circuit breaker' rules designed to prevent further price drops. Chinese exchanges have had a turbulent year, and investors are worried that there may be more bad news on the way. We speak live to Jarrod Bakker, Director on the Markets Desk at Citigroup in Australia
Saudi Arabia says it will cut all ties with Iran following the burning of the Saudi embassy in Tehran over the weekend. The attack came in response to the execution by Saudi Arabia of an Iranian cleric last week, and now the Saudi government has said it will cut all diplomatic and commercial links with with the Islamic Republic - Saudi allies are also looking to downgrade relations with Iran. Sanam Vakil of Chatham House tells us what this means for the region.
Rahul Tandon reports from Nagaland on the difficulties of doing business in Nagaland, Barack Obama announces his New Year's resolution is to tackle gun violence in the US, and Lucy Kellaway tells us why being paranoid, disrupting yourself and going to war for talent may not be the best advice to stay competitive in business
Throughout the programme we're joined by Elizabeth Nolan Brown, staff editor at reason.com in Washington and Simon Littlewood, President at ACG Global in Singapore.
(Photo: Chinese traders chat at a terminal Credit: Getty)