The euro edged lower after the ECB cut interest rates by 25 basis points, in a statement that suggested that rates are likely to fall further.
China is mulling a strategic move to let its currency, the yuan, weaken in 2025. The move comes as the country prepares for ...
By Amanda Cooper LONDON (Reuters) -Stocks edged lower on Thursday and the euro was steady ahead of a European Central Bank ...
OnePlus is gearing up to launch the OnePlus Buds Ace 2 and OnePlus Go Pad 2 in China, with reservations finally kicking off ...
In September, the National People's Congress, China's top legislative body, approved a proposal to gradually raise statutory retirement ages, starting in January. China has one of the lowest ...
The Moscow Exchange suspended trading in dollars and euros on June 13 due to US sanctions imposed on it and the National Clearing Center. To determine the dollar and euro to ruble exchange rates, the ...
European stock futures were little changed early Thursday ahead of expected rate cuts by the ECB and the Swiss National Bank. Asian stock benchmarks gained; the dollar edged lower; Treasury yields and ...
The yuan came under renewed pressure against the dollar on Thursday, giving up some initial gains as markets reflected on a ...
Call the considerations, which could have knock-off effects on global currency markets, a yuan-sided argument.
China is considering allowing the yuan to weaken in 2025 in response to potential higher trade tariffs from a second Donald ...
The Australian dollar, which sometimes serves as a more actively traded proxy for the yuan, fell as much as 0.6% to a one-year low. Here are comments from market analysts and participants: JANE FOLEY, ...
Potential tariff hikes from the U.S. have caused some volatility in the yuan and raised speculation that China may devalue the currency to help exporters.