China raises value of yuan vs dollar by 0.05%: market
August 14, 2015
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China raises value of yuan vs dollar by 0.05%: market

China’s currency fell further Wednesday, keeping global investors on edge. But the rest of the…

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China’s yuan moves slightly higher
August 14, 2015
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Business

China’s yuan moves slightly higher

It sparked fears of a global “currency war” and accusations that Beijing was unfairly supporting…

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China’s yuan drops for a third day
August 14, 2015
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Business

China’s yuan drops for a third day

Chinese currency the yuan halted a three-day slide after the central bank soothed market sentiments…

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What’s behind the China’s yuan devaluation
August 14, 2015
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What’s behind the China’s yuan devaluation

Vice-governor Yi said China would quicken the opening of its foreign exchange market and would…

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Gold Rising From 5-year Lows As Fed Seen Delaying Rate Hike
August 14, 2015
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Business

Gold Rising From 5-year Lows As Fed Seen Delaying Rate Hike

Gold futures on the COMEX division of the New York Mercantile Exchange rose on a…

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China rules out further yuan devaluation
August 14, 2015
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Business

China rules out further yuan devaluation

After devaluing the yuan for a third day, the People’s Bank of China (PBOC) called…

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China raises yuan fix for 1st time since devaluation
August 14, 2015
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China raises yuan fix for 1st time since devaluation

Bloomberg News reported Wednesday the central bank had intervened in the market to buy dollars…

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PBOC says cuts related to July’s rise in yuan loans
August 14, 2015
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PBOC says cuts related to July’s rise in yuan loans

China has set the guiding rate for its yuan currency lower for a third consecutive…

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MARKET & ECONOMICSAsia report: stocks recover as yuan continues to devalue
August 14, 2015
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Business

MARKET & ECONOMICSAsia report: stocks recover as yuan continues to devalue

The People’s Bank of China fixed the yuan at 6.3975 per dollar, slightly down on…

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Asian Stocks Stabilize as China Yuan Turmoil Subsides
August 13, 2015
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Business

Asian Stocks Stabilize as China Yuan Turmoil Subsides

China is the world’s second-largest economy, but its exports have dropped and some interpreted the…

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