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The daily reference rate was set at 6.3975 yuan to $1.0, from 6.4010 the previous day, the China Foreign Exchange Trade System said.

The central People’s Bank of China (PBOC) announced to improve its central parity system to better reflect market development in the exchange rate between the Chinese yuan RMB against the U.S. dollar on Tuesday. For the week the yuan declined by almost 3% – its...

The PBOC implemented a new procedure for setting the mid-point on Tuesday.

The Tianhe-1A, however, managed to continue running smoothly, following the blast, Xinhua said on Thursday.

Anxiety gave way to relief on global markets as China’s central bank eased concern that a shock currency devaluation would trigger broader financial turmoil.

China on Friday raised the reference rate for its yuan currency against the U.S. dollar by 0.05 percent, after allowing the yuan to nosedive which triggered concerns of a currency war.

Kerry also warned that the U.S. could lose its military standing in the world should Congress reject the deal and insist its allies concede to U.S. sanctions on Iran.

There’s also the threat a cheaper yuan poses to exports and economic growth in other countries.

Though China said its strong economic fundamentals provided “strong support” for the yuan, sources told Reuters that some within the government were pushing for the yuan to go even lower.

The consensus view on Monday held that yuan devaluation was a sign of slowing Chinese economic growth.

Japanese Prime Minister Shinzo Abe on Friday expressed “profound grief” for those who suffered at the hands of the Japanese Imperial Army during World War II, but stopped short of issuing a fresh apology of his own.

A man walks past a display showing stock prices in Tokyo August 12, 2015.

He said the statements alleviated concerns of a currency war. On Thursday, the central bank tried to ease fears of more big declines, saying the yuan was close to “market levels”. Shares sank Wednesday, August 12, 2015, as China let its currency fall for a second day...

The PBOC also said on Thursday that it would monitor “abnormal” cross-border flows after the devaluation raised fears that investors would seek to pull capital out of China in anticipation of further falls in the currency.

Republican U.S. Sen. Bill Cassidy said President Barack Obama’s nuclear agreement with Iran would enable Iran to secure long-range missiles that could one day reach the United States. What is remarkable about the Iran deal controversy, however, is that Jews are more united...