12-08-2015 22:21 via news.yahoo.com

U.S. automakers, fund managers looking past China's devaluation

For many U.S. companies and investors, the volatility in world markets this week, following Beijing's surprise currency devaluation, presents the challenge of balancing the country's current uncertain economic prospects against the hope for long term growth from the world's most populous nation. China this week devalued its currency against the U.S. dollar, after more data showed its economic growth is slowing. Investors globally reacted harshly, dumping shares of companies with significant amou
Read more »