MIDEAST STOCKS-Saudi Arabia tumbles after China depresses commodities - Yahoo Maktoob News:
"Saudi Arabia's stock market fell sharply on Tuesday after U.S. oil prices dropped near six-year lows and equities in China tumbled.
Chinese stock prices sank 6 percent as the yuan weakened against the dollar, raising fears that Beijing might further devalue its currency, which could decrease its consumption and imports of oil and other commodities.
The main Saudi stock index tumbled 3.6 percent by mid-afternoon to a seven-month low of 8,134 points with nearly all stocks deep in negative territory."
'via Blog this'
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