China’s devaluation of the yuan could wallop us — Mercury News editorial
August 17, 2015
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Business

China’s devaluation of the yuan could wallop us — Mercury News editorial

The country’s Central Bank raised the value of the yuan by 0.005pc against the dollar.

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China strengthens yuan rate against US dollar
August 17, 2015
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Business

China strengthens yuan rate against US dollar

The yuan’s drop has caused volatility in currency markets over the past few days.

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Eurozone economic growth slows as China slumps
August 16, 2015
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World

Eurozone economic growth slows as China slumps

Greece appeared headed for a messy exit from the euro, with uncertain consequences for the…

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Dumping of Chinese goods will not be allowed: Commerce Minister
August 16, 2015
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Business

Dumping of Chinese goods will not be allowed: Commerce Minister

Stating that devaluation of Chinese currency was a “very serious issue”, she said it could…

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PBoC Says Yuan Depreciation Unlikely To Persist
August 16, 2015
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Business

PBoC Says Yuan Depreciation Unlikely To Persist

The Chinese exchange rate for the yuan fell over 1% overnight even as Peoples’ Bank…

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Yuan ends session lower against USD
August 16, 2015
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Business

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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Business

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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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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Greek deal ‘important step’ but debt still too high: Lagarde
August 15, 2015
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Business

Greek deal ‘important step’ but debt still too high: Lagarde

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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