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Japan shares hit three-decade high, yuan climbs

Financial shares led the gains on November 20 as investors prepare for an eventual end to negative rates, while auto makers have been benefiting from a weak yen and high exports. ....

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After nearly 2pc decline last week, dollar stumbles to over two-month low in Asia trade

Dollar stumbles to over two-month low on Monday morning as markets eye Fed cuts ....

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PBOC pins interest rate as Chinese Yuan rallies

ALBAWABA – The People’s Bank of China (PBOC) pinned the benchmark lending rate as is on Monday as the Chinese Yuan rallied to a three-month high ....

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Analysis-Cheap yuan catapults China to second-biggest trade funding currency

Global companies are making a beeline for China's debt markets, issuing record amounts of yuan-denominated bonds and borrowing heavily from mainland banks, capitalising on rock-bottom yuan interest rates as funding costs elsewhere jump. Companies and banks are raising record amounts of cash through yuan bonds issued in mainland China and in Hong Kong, known as panda and dim sum bonds, respectively. The surge in their borrowing from Chinese banks has catapulted the yuan past the euro into becoming the second-biggest currency used in global trade finance, providing a fillip to Beijing's ambitions to internationalize the yuan. ....

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Snoop Dogg announces decision to quit smoking Marijuana

"Please respect my privacy at this time," part of his X post read. ....

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