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Chinese shares open lower

Beijing, June 15 (IANS) Chinese stocks opened lower on Wednesday, with the benchmark Shanghai Composite Index down 0.97 per cent to open at 2,814.69 points. The smaller Shenzhen index opened 1.05 per cent lower at…



Chinese yuan weakens

Beijing, June 15 (IANS) The central parity rate of the Chinese currency renminbi, or the yuan, weakened 210 basis points to 6.6001 against the US dollar Wednesday, according to the China Foreign Exchange Trading System….




Brazil sack coach Dunga

Rio De Janeiro, June 15 (IANS) Dunga was sacked as coach of Brazil on Tuesday after the team’s early elimination from the centenary edition of the Copa America. The 52-year-old and national team coordinator Gilmar…






Iceland hold Portugal at 1-1

Saint-Étienne (France), June 15 (IANS) Portugal and Iceland were the final two sides to get their Euro 2016 campaigns underway and on Tuesday they played a 1-1 draw at the Stade Geoffroy-Guichard stadium here. Portugal…