|Day's Range||0.144 - 0.144|
|52 Week Range||0.1433 - 0.1604|
Nov 19 (Reuters) - Zheng LI Holdings Ltd: * YUAN GUOSHUN HAS BEEN APPOINTED AS A CO-CHAIRMAN OF BOARD OF COMPANY * KELVIN LIM WILL BE RE-DESIGNATED AS CO-CHAIRMAN AND WILL REMAIN AS AN EXECUTIVE DIRECTOR ...
Nov 19 (Reuters) - Inner Mongolia Yuan Xing Energy Co Ltd : * SAYS METHANOL PRODUCTION IN UNIT HAS BEEN ON HALT FROM NOV 16 FOR THREE MONTHS PENDING NATURAL GAS SUPPLY DURING WINTER HEATING SEASON Source ...
Nov 16 (Reuters) - Yuan Longping High-tech Agriculture Co Ltd: * SAYS TWO SHAREHOLDERS TO SELL 193.8 MILLION SHARES, OR 15.4 PERCENT STAKE IN THE COMPANY, TO CITIC AGRICULTURE FOR A COMBINED 2.7 BILLION ...
European rivals of the U.S. dollar rebound Tuesday from their sharp selloff at the start of the week, as Brexit hopes support Britain’s pound though the infighting in London continues.
China's credit growth slowed sharply in October, despite pressure by regulators on banks to help keep cash-starved companies afloat, pointing to further weakening in the economy in coming months. While October is typically a slow month for Chinese credit, growth in key gauges such as total social financing and money supply fell to record lows, reinforcing views that policymakers will need to step up efforts to revive flagging investment. The weaker trend also suggested overall credit conditions in China tightened last month despite recent easing in monetary policy, including moves by the central bank to bring down market interest rates and four cuts in banks' reserve requirements so far this year.
The demand for the dollar as a protective asset has increased again, which further weighted the stocks. Focus shifts to Italy and the European Commission around the budget deficit.
Nov 13 (Reuters) - Yuan Heng Gas Holdings Ltd: * CONSOLIDATED PROFIT ATTRIBUTABLE EXPECTED TO DECREASE FOR SIX MONTHS * EXPECTED RESULTS DUE TO DECREASE IN NON-RECURRING INCOME PRIMARILY ARISING FROM ARBITRAL ...
The U.S. dollar retains a slight strengthening posture Friday, after the Federal Reserve kept rates unchanged but signaled that further interest-rate increases were on the horizon.
Adding to the chorus of concerns, the People’s Bank of China says the world’s second largest economy was facing “downward pressure,” Reuters reports
China's yuan has been under depreciation pressure this year amid rising headwinds for the broad economy, and an escalating Sino-U.S. trade dispute also heightened worries over growth outlook. The market's focus has now shifted to whether the central bank will firmly defend that level or let the yuan weaken further, and how much. ** Nov 7 - The PBOC sells its first yuan-denominated bills in Hong Kong, raising 20 billion yuan ($2.88 billion) and giving it a new tool to manage the currency in offshore markets as it faces further pressure.
The U.S. dollar extends earlier gains on Thursday, recovering ground from its post-midterm election slide the previous day, as the Federal Reserve keeps its monetary policy on hold and indicates further gradual rate hikes in the future.
Nov 8 (Reuters) - China Wan Tong Yuan (Holdings) Ltd : * 9-MONTH REVENUE RMB33.1 MILLION, UP 8.4 PERCENT * 9-MONTH PROFIT ATTRIBUTABLE TO OWNERS OF COMPANY WAS RMB24.1 MILLION, UP 285.9 PERCENT Source ...
The U.S. dollar strengthens on Friday after its main rival, the euro, gives back earlier gains on reports that the European Central Bank was considering a new round of long-term bank loans.
Major currencies are muted on Wednesday, as investors are digesting economic data from the eurozone, China, and the U.S.
On Wednesday, stock markets are developing a rebound. However, the currency markets still demonstrate a demand for the dollar.
Currency traders had to digest yet another blow to European market confidence on Tuesday, after a third quarter GDP read disappointed estimates, while dollar traders received President Donald Trump’s assessment of a possible trade deal with China as positive.
HONG KONG/SHANGHAI (Reuters) - As China's yuan approaches the 7 to the dollar barrier, investors are betting authorities will eventually let the currency fall beyond the historic level. The Chinese currency has fallen 10 percent against the dollar since March, when the first set of tit-for-tat tariffs in the U.S.-Sino trade war were announced, and has been inching close to the psychologically significant 7 figure, a decade low. Policy insiders have told Reuters authorities will fight a rapid descent in the yuan.
Global stocks mixed on Monday morning on trade fears and concerns of a slowdown of the global growth. The US dollar continues to strengthen versus other currencies.
The Yuan has dropped by about 9% over the last six months in response to trade disputes with the U.S. concerns of further easing by the Country ’s central bank and the consequences of breaking the magical 7 could be difficult for the Chinese and the global economy.
China’s yuan hits its lowest level since December 2016 during Friday’s Asia session, edging ever closer towards the psychologically important 7 yuan per dollar level that would represent a decade-long low.
Oct 26 (Reuters) - Long Yuan Construction Group Co Ltd : * SAYS 9-MONTH NET PROFIT UP 52.95 PERCENT Y/Y Source text in Chinese: https://bit.ly/2qbXNoL Further company coverage: (Reporting by Hong Kong ...
China is likely to use its vast currency reserves to stop any precipitous fall through the psychologically important level of 7 yuan per dollar as it could risk triggering speculation and heavy capital outflows, policy insiders said. On Friday, the yuan yuan hit a fresh 22-month low of 6.9647 against the dollar, and traders expected that the tightly managed, partially convertible currency would soon be testing 7 per dollar, a level unseen since the global financial crisis a decade ago. The yuan has lost over 6 percent versus the dollar so far this year, partly reflecting its slowing economy and pressure on exports due to an ongoing tariff war with the United States.
Live from the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Alexis Christoforous to discuss the latest market moves.