News
12 August 2015

Glencore leads mining slump as metals tumble on yuan devaluation

Region:
Asia-Pacific

Glencore and Fortescue Metals Group led a global slump in mining shares on concern China’s devaluation of the yuan will sap demand for commodities. Glencore, the mining and commodities company led by billionaire Ivan Glasenberg, tumbled as much as 11% to a record low in Hong Kong Wednesday,...

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