Monday's News Links

[Bloomberg] U.S. Stocks Fluctuate on China Woes as Treasuries, Yen Decline

[Bloomberg] Crude Oil Tumbles to 12-Year Low as Hedge Funds Head for Exit

[Bloomberg] Asia Stocks Fall to Lowest Since 2011, Extending Global Selloff

[Bloomberg] Hong Kong Yuan Interbank Rate Rises by Record to All-Time High

[Bloomberg] Chinese Stocks Extend Decline as Economic Growth Concerns Deepen

[FT] China’s credit binge is the real concern

[FT] China banks feel the heat of meltdown

[Bloomberg] Rand Has Flash Crash as China's Woes Trigger Drop of Up to 9%

[Bloomberg] Rand Meltdown Brings South African Recession, Junk Rating Closer

[Bloomberg] Emerging-Market ETFs Suffer Worst Loss in 8 Weeks, Led by Taiwan

[Bloomberg] JPMorgan: Potential Capital Outflows from China Have Become "Practically Boundless"

[Bloomberg] China's Demand for Crude is Showing Signs of Cracking

[Bloomberg] Oil Seen Heading to $20 by Morgan Stanley on Dollar Strength

[Reuters] Arch Coal files for bankruptcy

[Bloomberg] Intervention Loses Potency Just as Currency Wars Seen Escalating

[Economic Times] China defends South China Sea reef landings after Vietnam complaint 

[Reuters] Merkel under pressure as German gangs lash out against foreigners