Because the Chinese currency moves in lockstep with the dollar, the yen is rising against the renminbi, even as the euro has gotten cheaper. But economists and company executives caution ...
FRANKFURT — There was a touch of schadenfreude in the most recent earnings report issued by Kuka, a company based in the Bavarian city of Augsburg whose orange industrial robots ...
THREE months ago, when Europe’s debt crisis had markets panicking about sovereign risk, it seemed that all roads led to the dollar. The greenback was rising against the other big ...
CHRIS ROCK, a comedian, is a big fan of Oprah Winfrey, a television host and philanthropist. He recalls one of Ms Winfrey’s shows during which a woman confessed to her ...
China cut its holdings of Treasury notes and bonds by the most ever, raising speculation the plunge in U.S. yields that sent two-year rates to a record low has made ...
The yuan dropped at the fastest pace in almost two years last week and is now 1.8pc lower against a basket of currencies than in June, when Beijing announced the ...
China has overtaken Japan to become the world's second-largest economy, the fruit of three decades of rapid growth that has lifted hundreds of millions of people out of poverty.Depending on ...
A top Chinese central bank official suggested switching away from the U.S. dollar as a benchmark for the yuan's foreign-exchange rate, switching instead to a basket of currencies, according to ...
THE Big Mac index is based on the theory of purchasing-power parity (PPP), according to which exchange rates should adjust to equalise the price of a basket of goods and ...
But economists should be cautious when recommending exchange-rate policy, because it is far from obvious what is best. In fact, Americans’ embrace of floating exchange rates is relatively recent. From ...
January 2012. A cold winter has settled across Europe while the hard freeze gripping the economies of countries that once made up the eurozone is spreading across the globe. European ...
The Shanghai composite index has closed at a 15-month low after data pointed to slowing growth and rising inflation. The index dropped 19 points or 0.8% to 2,364 at the ...
Today the company is inundated with orders. BMW alone orders 140 transmissions a day, even through Getrag can only manage 120 per day. "Week after week, I sign requests by ...
It has not been a good year for the Shanghai stock market. �Since its closing peak at 6092 in October 2007, the closing high in the past year or so ...
Congress is one again shaking its currency-manipulation rattle. What's different this time is Geithner appears to be listening.Please consider Geithner signals U.S. patience waning on China currency.
