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YUAN VS US DOLLAR
Global Market: Yuan strengthens as dollar retreats; China pushes back against undervaluation claimsThe Chinese yuan strengthened against the US dollar as the greenback retreated from an 18-month high. Beijing defended its currency policy ...- China has no need or intention to weaken yuan for trade edge, central bank saysChina's central bank stated it does not intend to depreciate the yuan for competitive trade advantages. It emphasized that the market plays...
- Tencent mulls $5 billion bond sale to push AI ambitions: Bloomberg NewsTencent is exploring the possibility of raising as much as $5 billion through an offshore bond sale this month. This potential move comes o...
- Gold prices near Rs 1.5 lakh/10 grams; silver rises as dollar eases from multi-month high. What lies ahead?Gold and silver prices gained on MCX on Thursday, supported by a weaker dollar and expectations of another US Fed rate hike. MCX December g...
- Dollar edges back from 18-month high after FOMC minutesThe dollar index has maintained its position as hawkish Fed minutes emphasize inflation as a major concern. Recent interest rate hikes by t...
- Global Market: China gold reserves rise for 23rd straight month, forex reserves fallChina’s central bank raised its gold holdings for the 23rd consecutive month in September, underscoring its efforts to diversify reserves a...
- Chinese independent refiners turn to Iraq, Qatar as Iranian crude supplies dwindleChinese independent refiners have turned to buying Iraqi and Qatari crude as Iranian supplies dwindle. The traders report purchases totalin...
- Tax credit vs deduction in 2026: How a $20,000 credit could cut a $50,000 tax bill to $30,000IRS tax credit and deduction explained: A tax credit and a tax deduction can both lower your tax burden, but they work differently. Here’s ...
- A Singapore couple invested S$150,000 in an ice-cream shop in 2007; 12 years later, it generated S$20 millionDavid Yim and Wong Peck Lin put S$150,000 of savings into Udders in 2007. Yim left teaching to run the shop, while Peck Lin kept her consul...
- DeepSeek to raise at least $12 billion in Tencent-backed fundingChinese AI startup DeepSeek is close to securing at least 80 billion yuan ($11.93 billion) in its latest round of funding, Bloomberg News r...
- UFC Fight Night 290 Live Streaming: Brendan Allen vs Christian Leroy Duncan fight headlines main card - Check Preview, Date, Time, Venue, Main Card Fights and MoreMark your calendars for a night of ultimate fighting excitement on October 10 at the Meta APEX in Las Vegas! UFC Fight Night 290 highlights...
- Huawei unveils Mate 90 phones, leans on homegrown chip design to offset US curbsHuawei has showcased its Mate 90 smartphone series, enhancing performance with new chip technology and HarmonyOS 7. The latest models featu...
- Indian rupee rebounds to 95.83 vs US dollar as crude prices easeThe rupee strengthened 0.16% to 95.83 against the dollar, recovering from morning weakness as crude prices eased below $103 a barrel. Dolla...
- Global Market: Yuan heads for seventh straight quarterly gains as exporters boost dollar salesChina’s yuan strengthened against the dollar, heading for its seventh straight quarterly gain, supported by exporter dollar selling, strong...
- Dollar set for September rise, mainly at euro's expenseThe dollar is close to a yearly high against the euro, driven by strong US economic growth. Concerns around energy supplies and debt in Eur...
- Dollar hold near two-month peak as yields rise, Fed data loomsThe dollar remained stable near a two-month peak while traders closely monitored upcoming US economic reports. Oil prices experienced a sli...
- Dollar firms as US-Iran tensions lift oil, hawkish Fed bets buildThe dollar showed strength as investors anticipated inflation data and central bank decisions this week. Oil prices increased due to ongoin...
- Global Market: Chinese yuan dips as dollar gains on Fed hike bets; Trump-Xi talks eyedChina’s yuan weakened against the US dollar as expectations of a near-term Federal Reserve rate hike lifted the greenback, while investors ...
- Global Market: Yuan slips as PBOC signals caution on currency appreciationChina’s yuan weakened Wednesday after the PBOC set a weaker midpoint, ending a 10-session streak of stronger guidance. Rising trade tension...
- Global Market: Yuan climbs to strongest level since 2023 as Xi-Trump talks loomChina’s yuan climbed to a 3-1/2-year high against the dollar after the central bank set a stronger daily fixing for the 10th straight sessi...
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