(Reuters) - Abbott Laboratories on Wednesday forecast 2025 profit that came in line with Wall Street estimates as it expects ...
The last time Trump hit China with tariffs, Beijing devalued the yuan, blunting the impact. This time, Xi Jinping has ...
The Chinese currency jumped against the US dollar as trade war worries receded, but some fear the gains may be ‘short-lived’.
China’s central bank moved on multiple fronts this week and last in an effort to shore up its currency, the yuan, which has languished near a 16-month low relative to the dollar.
The economy suggests a weaker yuan. But the prospect of capital flight makes Beijing wary of allowing any sudden depreciation ...
China's luxury market declined by 18% to 20% in 2024, marking the end of a period of "exponential growth", with sales ...
The LBMA Gold Price AM in USD fell in December while the Shanghai Gold Benchmark Price PM in RMB rose, supported by a ...
As if the yuan wasn’t already under pressure from the weak Chinese economy, a surging dollar and the prospect of higher US ...
Sean Darby of Mizuho Securities discusses China's tricky balancing act as it deals with a weakening yuan, and why this will ...
China stepped up its policy measures on Monday to defend a weakening yuan by relaxing rules to allow more offshore borrowing ...
All eyes are on Donald Trump, and with the US closed on Monday for Martin Luther King Day, Australian markets will be among ...
Gao’s sin? Saying that China may have grown just 2% over the last two or three years, less than half the rate Xi’s government ...