Yuan ends session lower against USD
August 16, 2015
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Yuan ends session lower against USD

PBoC’s Deputy Governor Yi also said there was “no basis for a persistent weakening in…

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Dollar ticks up as China stops guiding yuan lower
August 16, 2015
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Dollar ticks up as China stops guiding yuan lower

The Chinese central bank’s “opaque communications policy may well have led to panic over-selling earlier…

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China Central Bank Says Yuan Should not Fall Further
August 15, 2015
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China Central Bank Says Yuan Should not Fall Further

The move surprised the market and prompted the lowest valuation of the yuan since October…

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Yuan devaluation is not to boost export: PBOC
August 15, 2015
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Business

Yuan devaluation is not to boost export: PBOC

On Tuesday, the PBOC cut the yuan’s reference rate against the U.S. dollar by nearly…

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China’s yuan strengthens after three day fall
August 15, 2015
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Business

China’s yuan strengthens after three day fall

China cut the reference rate for its currency for the third straight day, on Thursday…

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China takes steps to strengthen currency
August 15, 2015
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Business

China takes steps to strengthen currency

Investors have bet on a weaker won because it would help South Korea stay competitive…

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US bond prices drop as stocks bounce
August 15, 2015
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Business

US bond prices drop as stocks bounce

Meanwhile, U.S. stocks inched lower Thursday morning in choppy trading after the S&P 500 scored…

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China reverses currency devaluation
August 15, 2015
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Business

China reverses currency devaluation

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

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Gold steadies, set to snap 7-week losing streak
August 14, 2015
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Business

Gold steadies, set to snap 7-week losing streak

“Anytime there’s fluctuations in currencies, people still see gold as a safe-haven investment”, Michael Smith,…

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China ends three straight days of lowering the yuan
August 14, 2015
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Business

China ends three straight days of lowering the yuan

The PBOC have all but declared their intentions – we’re going to see a gradual…

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