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"To supply global dollar liquidity, the US must run trade deficits," said Guan Tao, global chief economist at investment bank BOCI China. "As Washington seeks to reduce deficits through ...
SINGAPORE/HONG KONG (Reuters) - China's yuan ended at its weakest level in more than 17 years on Wednesday after its offshore counterpart fell to a record low overnight, as an escalating Sino-U.S ...
China eased its grip on the yuan (CNY) on Tuesday, allowing it to depreciate beyond a key level, likely in response to President Donald Trump's aggressive tariffs. Crypto analysts anticipate that ...
NEW YORK/LONDON (Reuters) -The Euro gained on Tuesday following reports that German political parties had agreed to form a coalition, while the U.S. dollar weakened against major currencies and ...
LONDON (Reuters) - After a wild Monday, equity trading appears to have calmed somewhat even as the U.S.-inspired trade war ratchets up. Speculation about a devaluation of China's yuan has moved ...
Liu Yuanyuan, a soprano with the China Ethnic Song and Dance Ensemble, is a member of the 14th National Committee of the Chinese People's Political Consultative Conference (CPPCC), and a member of the ...
MUMBAI, April 8 (Reuters) - The Indian rupee is expected to depreciate further on Tuesday, tracking losses in the Chinese yuan after U.S. President Donald Trump threatened additional tariffs on ...
The deepening trade war is raising speculation in financial markets that China may resort to aggressively devaluing the yuan against the dollar in a break of their policy of pursuing a stable currency ...
MUMBAI (Reuters) - India's central bank could tolerate a sharper depreciation of the rupee if China lets the yuan weaken to cushion the impact of U.S. tariffs, multiple sources aware of the ...