3 May, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: IMF to brighten view of China’s yuan
The Wall Street Journal: IMF to brighten view of China’s yuan
The International Monetary Fund is close to declaring China’s yuan fairly valued for the first time in more than a decade, reports The Wall Street Journal.
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3 May, 2015 by The TZ Newswire Staff Comments Off on Dollar off two-month lows; Aussie on defensive
Dollar off two-month lows; Aussie on defensive
The Australian dollar slipped, dented by speculation the RBA may cut interest rates on Tuesday, while the U.S. dollar held steady.
3 May, 2015 by The TZ Newswire Staff Comments Off on Craig Stephen’s This Week in China: China gets backed into a corner by the ‘Impossible Trinity’
Craig Stephen’s This Week in China: China gets backed into a corner by the ‘Impossible Trinity’
With China opening its capital account to the world, it can now have either lower interest rates or a stronger currency, but it can’t have both, writes Craig Stephen.
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3 May, 2015 by The TZ Newswire Staff Comments Off on Asia Markets: China shares drift lower
Asia Markets: China shares drift lower
China shares drift lower after a reading of the country’s manufacturing activity slows more sharply than initially expected, a further sign the economy is flagging.
3 May, 2015 by The TZ Newswire Staff Comments Off on Legal Corruption In The US: Meet The 1% Of The 1% Who Drive American Politics
Legal Corruption In The US: Meet The 1% Of The 1% Who Drive American Politics
3 May, 2015 by The TZ Newswire Staff Comments Off on China’s factory activity lowest in a year: HSBC PMI
China’s factory activity lowest in a year: HSBC PMI
The latest gauge of China’s manufacturing activity showed the country’s vast factory sector remained in contraction for the month of April.
3 May, 2015 by The TZ Newswire Staff Comments Off on IMF on verge of declaring yuan fairly valued: Report
IMF on verge of declaring yuan fairly valued: Report
The IMF is reportedly on the verge of declaring China’s yuan fairly valued for the first time in more than a decade, the Wall Street Journal reported.