Asia steady as yuan calms, dollar firm on upbeat data
August 26, 2015
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Asia steady as yuan calms, dollar firm on upbeat data

Many market observers linked the central bank’s move to the recent release of trade figures…

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Central bank pumps in billions to ease liquidity strain
August 26, 2015
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Business

Central bank pumps in billions to ease liquidity strain

“The stock market crash provoked concerns about China’s slack economy“, said a trader at an…

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China injects $100b into banks to help spur economy
August 25, 2015
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China injects $100b into banks to help spur economy

His optimism may also be based on the fact that the nation’s current account hit…

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China reserves seen dropping US$40b a month on yuan support
August 24, 2015
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Business

China reserves seen dropping US$40b a month on yuan support

PBOC’s announcement had caught investors by surprise, as the currency of the world’s second largest…

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Yuan devaluation impacting China diamond market
August 22, 2015
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Business

Yuan devaluation impacting China diamond market

The mismatch between their foreign currency liabilities and yuan-denominated revenues means interest expenses and principal…

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China Resumes Slide, Leading Asian Shares Lower
August 21, 2015
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Business

China Resumes Slide, Leading Asian Shares Lower

Shares in China and Hong Kong fell yesterday as the yuan eased against the dollar,…

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China stocks plunge after days of instability
August 20, 2015
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Business

China stocks plunge after days of instability

Those fears prompted a wild ride on China’s Shanghai Composite Index, which plunged as much…

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Yuan falls to 4-year low in Wednesday trading
August 13, 2015
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Business

Yuan falls to 4-year low in Wednesday trading

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

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