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YUAN APPRECIATION
Gift Nifty signals a negative start; here's the trading setup for the dayNifty closed flat on Wednesday as easing crude prices boosted domestic consumption stocks and defensive sectors. Investor sentiment is stab...- GIFT Nifty rises 100 points, hints at positive start; key trading cues for todayIndian markets closed higher on Tuesday, boosted by banking and financial stocks. The Reserve Bank of India's new forex swap facility eased...
- China's ex-train driver, who “doesn’t speak English” makes an AI film in 10 days using $440; Hollywood filmmaker wants to hire himA former train driver, Liu Ziyu, gained international acclaim for his AI-generated short film, 'Zombie Scavenger,' created in just 10 days ...
- 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...
- Xi's $270 billion Middle East bet limits China support for IranChina's substantial investments across the Middle East, particularly in green tech and tourism, are now jeopardized by regional conflict. D...
- Global Market | Yuan rally pushes Chinese firms to record FX hedging levelsChinese companies are increasingly using foreign-exchange derivatives to hedge against a strengthening yuan, which threatens export earning...
- Yuan’s gradual advance may offer boost to emerging currenciesChina's shift towards yuan appreciation is poised to boost emerging-market currencies, fueled by expectations of lower US interest rates. T...
- Yuan trades near 10-month high on firm PBOC guidance, Fed outlookThe Chinese yuan is near a ten-month high against the dollar. The People's Bank of China is managing the yuan's appreciation. Analysts sugg...
- Wider yuan trading limit for creating more stable environment: ChinaChina said its move to widen the daily trading limit of its currency against US dollar is aimed at breaking one-way expectation of the yuan...
- Roubini says yuan appreciation in China's interestNew York University economist Nouriel Roubini said Wednesday that a faster rise in the value of China's currency is not only good for the U...
- Yuan could move up 3-5 per cent a year: Chinese officialRelenting under intense US pressure to appreciate its "undervalued" currency against the dollar, China said Yuan "can afford" to appreciate...
- India not to join global chorus on yuan appreciationIndia, mindful of its import dependency, is unlikely to join the global rhetoric urging China to let its currency appreciate.
- We will benefit from yuan appreciation: Hanung Toys and Textiles LtdAshok Kumar Bansal, CMD, Hanung Toys and Textiles Ltd. in an interview with ET Now talks about the possible benefits from yuan appreciation.
- Yuan rise too slow, US warns of actionTreasury secretary Timothy F Geithner said China needs to allow a “significant, sustained” rise in its currency as lawmakers called for the...
- Metal: Global prices to shoot up on higher yuanChina’s decision to allow its currency to appreciate may have come as a breather for metal prices, but the long-term impact of yuan appreci...
- Indian exporters to gain from Yuan appreciationIndian exporters will be able to give competition to their Chinese rivals in the global market if yuan appreciates.
- Consensus reached with US on yuan appreciation: ChinaChina said it reached an understanding with the United States on the demand for appreciation of its currency, the yuan, under which it woul...
- China denies agreement with US on currency appreciationChina today denied reports of reaching an agreement with the United States over Washington's demand to let its currency Yuan appreciate.
- G-7 renews calls for yuan appreciationA report to the finance officials recommends major economies with inflexible currencies consider strengthening them if the global economy i...
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