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(Bloomberg) -- China stuck to a holding pattern of supporting the yuan as pressure from a resilient dollar and poor sentiment weakens it toward a policy red line. Most Read from BloombergTrumpism Is Emptying ChurchesRBC Fires CFO Ahn After Probe Into Personal RelationshipThe Odds of $100 Oil Are Rising as Supply Shocks Convulse the MarketSaudis Scale Back Ambition for $1.5 Trillion Desert Project NeomTurkey Joins NATO Allies in Suspending Europe Arms TreatyThe People’s Bank of China set the dail

(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

(Bloomberg) -- Constrained on all sides, China’s central bank is aiming to squeeze more value out of its policy actions by catching markets unaware with surprise easing aimed at putting a floor under the struggling economy. Most Read from BloombergNvidia Rises Most in About Nine Months as AI Drives SalesT-Bills Without Tax Bills? This Fund Says It Cracked the CodeStocks Rally as AI Craze Sweeps Across the World: Markets WrapAT&T Outage Triggered by Company Work on Network ExpansionUS Lands on Mo

(Bloomberg) -- Chinese banks cut a key reference rate for mortgages by a record amount, a sign that the nation is ramping up support for the property sector in a bid to revive demand. Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover Financial in $35 Billion DealAmazon Deserves to Be Called Out for Swindling UsersWall Street’s Moelis Bet Big on the Middle East. Now He’s Cashing InStocks Pause Near Record as Traders Await Catalyst:

(Bloomberg) -- China’s factory activity contracted again in January as a tepid improvement in foreign demand failed to outweigh the drag from poor domestic sentiment, dealing another blow to investors awaiting more signals on how the government will support the economy.Most Read from BloombergMusk’s $55 Billion Pay Package Voided, Threatening World’s Biggest FortuneMusk Says First Neuralink Patient Received Implant in BrainMicrosoft Sales Top Estimates; Cloud Growth Disappoints SomeTech Giants S