Tag: People’s Bank of China (PBOC)
China’s yuan hovers near 2-week low
SHANGHAI- China’s yuan hovered near a two-week low against the dollar on Monday as upbeat manufacturing data partially offset some investor worries over heightened...
China set to leave rates unchanged
SHANGHAI- China is expected to leave its benchmark lending rates unchanged on Thursday, a Reuters poll showed, as authorities walk a fine line between...
China’s yuan slips to fresh 3-week low on trade worries
SHANGHAI- China’s yuan slipped to a new three-week low against the dollar on Wednesday, as investors cautiously awaited more developments in increasingly fraught global...
China’s yuan weakens, breaches key threshold
SHANGHAI- China’s yuan weakened past a key threshold to a three-week low against the dollar on Monday, pressured by a buoyant greenback on renewed...
Asia shares up
NEW YORK/SINGAPORE- Asia shares rose on Thursday, tracking gains on Wall Street following a see-saw session, while US Treasury yields came under pressure after...
