Tag

China’s currency has continued to slip this week, keeping global investors on edge.

However, he said he was bargain-hunting in the worst-affected sectors, such as luxury goods, and predicted broader European stock markets should soon stabilize.

The Donald tweeted this charming reference “I just realized that if you listen to Carly Fiorina for more than ten minutes straight, you develop a massive headache and then she has “a zero chance” at winning the GOP nomination”.

It also compounded jitters over China’s financial health after a debt-fuelled stock market bubble burst in June, following a 150 percent surge in the previous 12 months.

FBI agents investigating Hillary Rodham Clinton’s private email server are seeking to determine who at the State Department passed highly classified information from secure networks to Clinton’s personal account, according to law-enforcement and diplomatic officials...

The yuan tumbled 1.8 percent, the most in two decades, on the day of the devaluation and declines have since moderated as the PBOC intervened via agent banks and signaled its support for the currency.

China cut the reference rate for its currency for the third straight day, on Thursday after the surprise devaluation of the yuan this week unsettled global financial markets. The PBoC also “dismissed claims it intended to weaken the yuan by 10% to support exports as...

Ohio Governor and Republican presidential candidate John Kasich stated that he would “prefer” for illegal immigrants in the US “to be legalized once we find out who they are” in an interview broadcast on CNN’s “The Lead” on Wednesday.

“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”.

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.

Italian economic growth slowed to 0.2 per cent in the second quarter after seeing 0.3 per cent in the first quarter. The single currency did gain back some ground in the second quarter, rising just over 2 percent, but since the start of the year it is down nearly 6 percent.

Newcomers would walk up and say, “When is Hillary scheduled?” or “What time does Trump go on?”

Megyn Kelly meanwhile did not directly answer Donald Trump’s attacks on her but stated that she will not apologize to him and will rather continue to do her job without fear or favor.

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...

China’s move to cut the value of the yuan to 6.3306 to a US dollar from 6.2298 Tuesday signaled Beijing was moving to a more market-determined exchange rate from a de facto peg that had propped up the value of the currency for so long.