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The IMF said the yuan “met all existing criteria” to be included as one of the currencies used for the global organisation’s SDR.

“Low volume holiday trade, largely off on strong dollar and hard sell-off in Chinese equity markets”, Jim Ritterbusch of Chicago-based oil consultancy Ritterbusch & Associates said in a commentary on oil. The Wall Street Journal Dollar Index, which tracks the...

Net income for the fourth quarter ended October 31 was C$1.21 billion, or C$1.83 per share, compared with C$1.07 billion, or C$1.56 per share, a year earlier. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.32 per share.

Dec 1 Canada pulled out of recession in the third quarter as an acceleration in exports and increased spending in the consumer and housing sectors revived growth, data from Statistics Canada showed on Tuesday. The GDP received boosts from improved performances in exports and...

The Chinese renminbi has been added to the International Monetary Fund’s basket of reserve currencies.

It largely traded narrowly afterwards and was moving around 6.42 in late trade, strengthening about 0.3 percent from Friday’s close.

The IMF announced yesterday that it would include the Chinese Yuan Renminbi having met its criteria to be included in its Special Drawing Rights (SDR) basket.

Each year millions of Britons give their time and money generously because they share a common ethos: a desire to make the world a better place.

This year, the central bank tested banks on whether they could withstand Chinese economic growth falling to 1.7% from 7%, a collapse in Euro area growth to -2.6% and a massive deflationary spiral that sees prices fall the most in the United Kingdom in 80 years. The BoE’s...

The two companies were Vasan Eye Care and Advantage Strategic.

“It was noted as well that the longer-run normal level to which the nominal fed funds rate might be expected to converge…would likely be lower than in previous decades reflecting a slower rate of potential growth”.

But it was their misfortune to encounter a City team that was lying in wait in a torrential downpour in east Manchester.

The International Monetary Fund (IMF) will add the Chinese yuan into its basket of global reserve currencies alongside the U.S. dollar, the euro, the British sterling and the Japanese yen. Other currencies in the basket include the dollar, euro, pound, and yen. “We expect...

There are 499 markets for Obamacare plans, but last year’s least expensive health insurance plan in the most popular category will not be returning in 89 markets for 2016. Customers the company has added have tended to use more medical care.

Taylor was just 7-of-12 for 55 yards, and he targeted Watkins only once, without success. Shockingly, the Bills offense never targeted Watkins in the second half and the Chiefs tightened up the rest of the field throughout the final 30 minutes. Remember that aggressive and...