China rushes to calm fears over plunging yuan
August 13, 2015
Permalink
Business

China rushes to calm fears over plunging yuan

“This action is both an endeavour to make the yuan more plausible, credible candidate to…

Continue Reading →

International Monetary Fund Welcomes China’s New Yuan Mechanism, No Impact on SDR Push
August 13, 2015
Permalink
Business

International Monetary Fund Welcomes China’s New Yuan Mechanism, No Impact on SDR Push

But the rate will now be based on overnight global market developments and how the…

Continue Reading →

Advertisement

No basis for further depreciation: China’s central bank
August 13, 2015
Permalink
World

No basis for further depreciation: China’s central bank

The yuan will be maintained at a “roughly” stable level, a level that is “balanced”…

Continue Reading →

China’s yuan drop rattles markets
August 12, 2015
Permalink
Business

China’s yuan drop rattles markets

Vietnam doubles currency trading band after China devalues yuan
August 12, 2015
Permalink
Business

Vietnam doubles currency trading band after China devalues yuan

But the Chinese government normally keeps its currency’s value pegged to the U.S. dollar, so…

Continue Reading →

Advertisement

China’s currency reforms are a good thing
August 12, 2015
Permalink
Business

China’s currency reforms are a good thing

The central parity rate of the Chinese currency renminbi (yuan), weakened by 1,008 basis points…

Continue Reading →

Asian Markets Fall as China Stock Woes Worsen
August 9, 2015
Permalink
Business

Asian Markets Fall as China Stock Woes Worsen

Asian markets mostly fell again Tuesday, with Shanghai seeing another round of wild volatility a…

Continue Reading →

China markets dip slightly in morning trading
August 9, 2015
Permalink
Business

China markets dip slightly in morning trading

The key will be how the government manages divestment of its newly acquired stock holdings…

Continue Reading →

Construction Adds 6000 Jobs in July
August 8, 2015
Permalink
World

Construction Adds 6000 Jobs in July

The gain in payrolls last month followed a 231,000 advance in June that was bigger…

Continue Reading →

US hedge fund says China account suspended amid market probe
August 3, 2015
Permalink
Sports

US hedge fund says China account suspended amid market probe

After a month of blaming Chinese stock market swings on a shadowy legion of “malicious”…

Continue Reading →