BEIJING — More signs that the Chinese economy stuttered unexpectedly in April emerged Friday, with lower-than-expected output data, softening retail sales and easing prices all suggesting that rising economic difficulties ...
Overseas shipments rose 8.5 percent in April from a year earlier after increasing 8.9 percent in March, according to median forecast of economists in a Bloomberg survey before government data ...
The People’s Bank of China set its daily fixing 0.09 percent stronger at 6.2804 per dollar, strengthening it for the first time in four days. Factory orders in Germany, the ...
BEIJING — The U.S. Treasury secretary, Timothy F. Geithner, urged Beijing during bilateral talks on Thursday to let its tightly controlled currency strengthen and to open its markets further. Chinese ...
HONG KONG — Chinese banks are among the biggest and most profitable financial institutions in the world. But the state-backed banks are also in need of capital, after an aggressive ...
The currency rebounded from near the weakest level since March 21 as the People’s Bank of China set the daily reference rate 0.1 percent stronger at 6.2896 per dollar. The ...
SHANGHAI — In little over six months as China’s top securities watchdog, Guo Shuqing has let loose a flurry of new rules aimed at curbing the insider trading, market manipulation ...
Malaysia’s ringgit fell the most since April 4, snapping a three-day rally, after the cost of insuring Spain’s bonds against default surged to a record last week. South Korea’s won ...
The People’s Bank of China set its fixing 0.13 percent lower at 6.2960 per dollar. The yuan will start trading in Shanghai at 9:30 a.m. local time. The Dollar Index, ...
China has loosened its currency controls in a move that may spur gains in the value of the yuan. From Monday, the yuan can fluctuate up to 1% in trading ...
