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CHINA YUAN FALLS
Charting the global economy: US spending rises, weather loomsUS consumer spending remains robust despite rising prices, though new home sales dipped. President Trump is scrutinizing gasoline costs. Eu...- China state refiners considering resuming Iran oil imports, sources sayChina's major state-owned refiners, Sinopec and PetroChina, are exploring a return to purchasing Iranian oil after a U.S. waiver, marking a...
- Gold may fall to $3,800 on Fed hike risk; ETF outflows, weak Asia demand weigh: Deutsche Bank reportDeutsche Bank has significantly lowered its gold price forecast, warning of a potential drop to $3,800 per ounce if the Federal Reserve imp...
- China's May loan growth dips on weak demandAggregate financing, a broad measure of credit, increased ¥2.03 trillion ($300 billion), according to Bloomberg calculations based on data ...
- China’s EV boom is cleaning the air, and may have prevented 262,000 deathsElectric vehicles are proving to be life savers. Studies show China's shift to electric cars has prevented thousands of premature deaths. A...
- China's factory inflation hits 3-year high as energy costs surgeChina's producer inflation rose to a near three-year high of 3.9% in May, driven by higher energy costs and AI-related demand, while consum...
- China can build humanoids at scale. The hard part is finding enough buyersChinese companies are pushing ahead with humanoid robot production. These robots can perform tasks like directing traffic and making coffee...
- China's DeepSeek to make permanent 75% price cut on flagship V4‑Pro AI modelDeepSeek did not disclose whether the permanent price cut was due to increased supply of Huawei's Ascend 950 chips, which it used to maxi...
- Dollar poised for largest weekly rise in two months as Fed hike bets increaseDollar surged to a two-month high, fueled by rising energy prices and shipping disruptions, intensifying inflation fears and boosting expec...
- Dollar boosted by rate expectations, safe-haven flows as Trump, Xi meetThe US dollar strengthened on Thursday. Higher Treasury yields and safe-haven demand boosted the currency. Investors anticipate Federal Res...
- Not just US dollar, Indian rupee has tanked up to 25% across 9 major currencies in 1 yearThe Indian rupee has seen a significant decline against most global currencies, not just the US dollar. This broad-based weakness is driven...
- China's car sales drop for seventh month in April; exports roarChina's car sales experienced a 21.6% year-on-year decline in April, marking the seventh consecutive month of contraction. Automakers are i...
- Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall in next few days? Full explainer on Gulf conflict, Strait of Hormuz risks and global marketsWhy are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall in next few days? Oil prices climbed after new c...
- The rapid embrace of AI in China, its biggest testing ground, may shape how AI is used globallyChina is rapidly adopting artificial intelligence tools. Ordinary citizens and businesses are using AI for daily tasks and work. Chinese co...
- Global stocks: BYD Q1 profit falls 55%, steepest drop in 6 years as China sales falterChinese electric vehicle maker BYD's quarterly profit fell at its fastest pace since 2020, a stock market filing showed on Tuesday, hit by ...
- China isn't using the yuan to fight tariffsChina appeared to be keeping its currency above the level predicted by the basket.
- Air China's first half net profit slides 58 per centChina's flagship carrier Air China Ltd said irst-half net profit fell 58 per cent weighed down by a depreciating Yuan.
- China's yuan falls, seen remaining weak in the near termChina's yuan slipped against the dollar after the PBOC, which over the weekend widened the currency's trading band, set a weaker midpoint f...
- Yuan hits fresh peak vs dollar, but falls on euroChina's yuan jumped against the dollar on Friday to its highest since a landmark 2005 revaluation but its broader gains were less impressiv...
- Growth of China's insurance premiums slows sharplyChinese and China-based foreign insurers collected combined insurance premiums of 855.45 billion yuan in the first 10 month of this year.
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