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(Bloomberg) -- China’s yuan pared losses seen Friday after the central bank signaled its support for the managed currency via a stronger-than-expected daily reference rate.Most Read from BloombergUS Homebuyers Expecting $10,000 Savings Face Tough RealityHarassment and Drugs Plagued a Citigroup Division for YearsFed’s Powell Ready to Support Job Market, Even If It Means Lingering InflationGucci’s China Shock Reverberates Across the Luxury LandscapeThe People’s Bank of China set the yuan’s fixing

China’s central bank cut the five-year rate used as the benchmark for mortgages, in an attempt to revive the demand for apartments.

Bringing Taiwan to the World and the World to Taiwan

Hudson Realty Capital’s Alex Loo talks about the nuanced impact of the volatile economic environment on senior housing financing.

After declines in 2022 due to efforts to shield currencies, forex reserves have recovered to over $5.5 trillion