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Wall Street Sees No End to Yuan Losses Despite Beijing Pushback - Vimarsana News

Wall Street Sees No End to Yuan Losses Despite Beijing Pushback

(Bloomberg) -- While Beijing moves to stabilize the yuan, Wall Street still sees plenty of room for the Chinese currency to fall.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysQuant Trader Doubles Fortune to $11 Billion as XTX Profit SurgesTech Storms Back as Nvidia’s 8% Jump Fuels AI Bets: Markets WrapAfter the offshore yuan weakened last week past 7.30 per dollar, just a stone’s throw from last

Source: yahoo.com
Wall Street sees no end to yuan losses despite Beijing pushback | George Lei & Carter Johnson / Bloomberg - Vimarsana News

Wall Street sees no end to yuan losses despite Beijing pushback | George Lei & Carter Johnson / Bloomberg

While Beijing moves to stabilize the yuan, Wall Street still sees plenty of room for the Chinese currency to fall. After the offshore yuan weakened last week past 7.30 per dollar, just a stone’s throw from last year’s all-time low, the People’s Bank of China pushed back, with verbal warnings,…

United States just got downgraded. Should we care? - Vimarsana News

United States just got downgraded. Should we care?

Last time this happened the credit downgrade triggered a stock selloff around the world. Find out more

China Resumes Yuan Support With Stronger-Than-Expected Fixing - Vimarsana News

China Resumes Yuan Support With Stronger-Than-Expected Fixing

(Bloomberg) -- China stepped in to support the yuan for a third time this week, once again signaling a limit to its tolerance for weakness in the currency. Most Read from BloombergPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineQatar Group Now Confident of Winning Manchester United RaceSweden Police Give Permit to Koran Burning Near Stockholm MosqueUBS Preparing to Cut Over Half of Credit Suisse WorkforceThe People’s Bank of

Source: yahoo.com
SCMP's Lam Ka-sing wins Business Reporter of the Year honour at Hang Seng University's 7th Business Journalism Awards - Vimarsana News

SCMP's Lam Ka-sing wins Business Reporter of the Year honour at Hang Seng University's 7th Business Journalism Awards

The awards attracted more than 400 entries by over 300 contenders for nine categories in text, video and audio journalism.

Source: scmp.com