Chinese yuan extends fall Thursday
August 16, 2015
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Business

Chinese yuan extends fall Thursday

The dollar had earlier gained on the statements from the People’s Bank of China (PBOC)…

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

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 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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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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Former Senator Defends Iran Deal
August 14, 2015
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World

Former Senator Defends Iran Deal

The Republican-controlled Congress has until mid-September to approve or reject the Iran nuclear deal.

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Michael Phelps back on top as focus turns to Rio Olympics
August 14, 2015
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Sports

Michael Phelps back on top as focus turns to Rio Olympics

And in his three most important events, he was faster than anyone else in any…

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Twins 3, Rangers 2
August 13, 2015
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Sports

Twins 3, Rangers 2