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“The central bank will frequently intervene in the foreign-exchange market in the next three months because it needs to ensure the yuan is stable”.

Abe, the grandson of a wartime cabinet minister, himself did not visit the shrine, which honours 14 Japanese leaders convicted as war criminals by an Allied tribunal, along with millions of war dead.

In the previous two days, the central rate – around which the yuan is allowed to trade in a band of plus or minus 2 percent – had been marked 1.9 and 1.6 percent lower, respectively.

An environmental expert says evacuation of the area around Wednesdays mammoth warehouse blast in the Chinese port city of Tianjin is the “main priority, ” and warned of the explosions long term consequences.

This week’s surprise devaluation of the yuan, also known as the renminbi or people’s currency, came after the central bank said it wanted the exchange rate to reflect market forces. The spot market opened at 6.3990 per dollar and was changing hands at 6.3996 in the...

The commentary said descendants of any country in the world must inherit their predecessors’ past attainments along with responsibilities brought by their forebears’ prior crimes. At the last two ceremonies, he also did not pledge that Japan would never go to war....

The death toll in Wednesday’s inferno and blasts that devastated industrial and residential zones has climbed to 85, including 21 firefighters – making the disaster the deadliest for Chinese firefighters in more than six decades.

TOKYO-The U.S. dollar was almost unchanged against the yen and the euro in Asian trade Friday, as investor sentiment improved on signs of stability in the Chinese currency.

Japanese prime minister Shinzo Abe had the opportunity to continue along the same path as his predecessor, Tomiichi Murayama and apologize for Japan’s past aggression, however, those that had waited with bated breath for Abe’s statement on Friday, a day before the...

The rugged firefighters have emerged as the new soldiers to fight deadly industrial fires in China in the last two decades as the country ramped up manufacturing.

The paper’s front page of August 15, 1945, carried the headline “Japan: Unconditional Surrender” and reported that the newly elected Labour Prime Minister, Clement Attlee, had broken the news of victory in a midnight radio address.

iPhone 6S and iPhone 6S Plus will be launched in September at a special Apple event packed with a lot of high end features and specs.

Renault said that almost 1500 of its imported cars stored in a warehouse at the port had been burned while Toyota said the blasts broke windows at its vehicle assembly, logistics, and research buildings, which are jointly run with China’s FAW Group.

The global benchmark, Brent crude LCOU5, -0.95% fell 67 cents, or 1.3%, to $49.51 a barrel on London’s ICE exchange.

Xinhua reported that firefighters were called to the warehouse at 10:50 p.m., and the explosion occurred around 40 minutes later. There also are worries over fumes released by chemical fires.