25-Aug-2015 15:18

Trillion dollars is wiped off markets in day of panic - The Times (subscription) :: http://www.thetimes.co.uk/tto/business/economics/article4537369.ece

Asda snatches back title of UK's second largest supermarket - Telegraph.co.uk :: http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/11822351/Asda-snatches-back-title-of-UKs-second-largest-supermarket.html

In for a penny, in for a pound: 99p Stores set to be bought by Poundland - The Guardian :: http://www.theguardian.com/business/2015/aug/25/penny-pound-99p-stores-poundland-competition-retailers

Tesco gets three bids at around 3.7 billion pounds for South Korea unit - source - euronews :: http://www.euronews.com/business-newswires/3061365-tesco-receives-three-separate-bids-for-south-korea-unit-sources/

FTSE snaps losing streak, extends recovery after China cuts rates - Reuters UK :: http://uk.reuters.com/article/2015/08/25/uk-markets-stocks-ftse-idUKKCN0QU0U220150825

Asia's wealthiest man Wang Jianlin loses $3.6b in one day after stock rout - The Independent :: http://www.independent.co.uk/news/business/asias-wealthiest-man-loses-36-bn-in-one-day-after-stock-rout-10470922.html

China consumers appear unfazed by market rout - Financial Times :: http://www.ft.com/cms/s/0/4d65c228-4b17-11e5-b558-8a9722977189.html

GLOBAL MARKETS-Stocks, oil, dollar extend gains after China cuts rates - Reuters :: http://www.reuters.com/article/2015/08/25/markets-global-idUSL5N1102PC20150825

BHP Billiton posts 86 per cent drop in annual profit amid slumping commodity ... - Vancouver Sun :: http://www.vancouversun.com/business/Billiton%2Bposts%2Bcent%2Bdrop%2Bannual%2Bprofit%2Bamid%2Bslumping%2Bcommodity/11315417/story.html

China seeks to reassure stock markets with rate cut and looser lending - The Guardian :: http://www.theguardian.com/world/2015/aug/25/china-stock-market-reassure-interest-rate-cut-looser-lending