"This is just a harbinger of things to come," one analyst said. "African currencies are becoming extremely volatile."
Economic troubles for China could spell further gloom for Latin American countries that have relied on Beijing as a top trading partner.
By midday, the tech company's stock was trading at more than 2 percent above its Friday market close of $105.76.
The Asian country is the world's No. 2 defense spender and No. 3 exporter of weapons.
"Mega-sporting events [like the 2022 Winter Olympics] usually leave the host nation with budget overruns and massive debt," Fidelity Investments said. The Chinese government would beg to differ.
If Monday’s trading activity is any indication, U.S. oil prices are headed to a ninth straight weekly decline.
Trump, who frequently bashes the Obama's administration's interactions with China, says the market meltdown is a result of poor planning.
Alibaba, Apple, Facebook, Netflix, Google and Amazon were all hit hard at market opening today, raising fears of wider implications for the tech industry.
The Chinese e-commerce giant struggled at market's open, tumbling below the initial price of its September 2014 listing.
Cook said early Monday that iPhone activations and App Store sales have been breaking records over the past two weeks.
"Beijing has been noticeably, almost painfully, absent from the escalating tension on the Korean Peninsula," an observer said.
The Shanghai Composite Index fell Monday about 8.5 percent to 3,209.91 points, eliminating all its gains this year.
Global financial markets have reacted sharply to China's economic slowdown.
Ordinarily, Chinese news media have attempted to cast even the most incontrovertibly negative news in a bright light.
For some factory workers, China's devaluation of the yuan may have come too late to save their jobs — at least for the moment.
The Chinese stock market continued to tumble Monday, with losses in the billions and markets consequently plunging all over the world.
Social media users around the world shared their panicked reactions to "Black Monday" on Twitter using the hashtag #GreatFallOfChina.
On Monday, British Foreign Secretary Philip Hammond said that economic sanctions against Tehran might begin to be lifted as early as spring next year.
The stock market took a nosedive last week. How will venture-capital-backed firms like Uber and Snapchat cope?
Last week's massive sell-off may be just a warmup for something far bigger and far more frightening this week.
As number of smartphones soars around the world, dominant mobile operating systems are facing challenges from startups.
European stocks fell sharply at the open on Monday even as the price of crude oil hit its lowest level since 2009, and the euro appreciated to six-month highs.