China's Central Bank has warned of future yuan volatility - but it has said that the country has "no intention - or need to participate in a currency war."
It says that future manipulation of the currency could happen in either direction – either devaluing it or propping it up.
China shocked markets last week by devaluing its currency two days in a row.
Despite this recent volatility - China’s Central Bank says that the country's economy is still on-course to grow by 7 percent in 2015.
______________________________________________________
Greece’s third bailout deal faces a potentially volatile vote in the German parliament on Wednesday.
Angela Merkel has moved to clam fears of a revolt against the deal within her Christian Democratic Union Party.
Senior members of the party have said that they will not back a Greek deal which does not include IMF involvement.
The IMF is not currently taking part in the third bailout - it is demanding further pension reforms, and debt relief for Greece.
Speaking to the German media, Ms Merkel assured Germans that these terms will be met, and that she expects the IMF to back the bailout from October.
______________________________________________________
A study from the Irish Small and Medium Enterprises Association (ISME) has found that Irish businesses have stopped reporting crimes.
One fifth of firms said that they did not bother informing the guards after being targeted by criminals during the last 12 months.
98 percent of respondents reported that they feel that Irish laws are ineffective.
ISME chief executive, Mark Fielding described the survey results as, "a damning indictment of the judicial system."
______________________________________________________
The Irish Times reports that Dublin-based start-up BonzaQuote has been accepted into Silicon Valley's elite Blackbox Connect accelerator programme.
BonzaQuote is a DIY price comparison website. Founder and chief executive, Jack Drea likens it to a DIY equivalent to travel price-comparison sites like ‘SkyScanner’ - and ‘Hotels.com’ – it offers an easy way to find the best quotes for building supplies.
The company is one of 15 start-ups selected to take part in the start-up programme which introduces companies to high-profile investors - including Scale Venture Partners and Google Ventures.
