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Chinese Yuan (CNY=X) Poised For Further Fall As Reserves Rise
Chinese Yuan (CNY=X) Poised For Further Fall As Reserves Rise The value of the Chinese Yuan has come under pressure amid rising fears of a trade war. Recent data has noted.....»»
Global Stocks Pop, Bonds Drop As PBOC Slows Great Fall Of China
Elon Musk... China's verbal intervention overnight juiced yuan higher... Â And sent Chinese stocks ripping... Â European stocks followed throu.....»»
Asia Stocks Fall, Yuan Dips as PBOC Eases Policy: Markets Wrap - Bloomberg
BloombergAsia Stocks Fall, Yuan Dips as PBOC Eases Policy: Markets WrapBloombergAsian stocks slipped, led by China, and the yuan fell as investors assessed the latest move by the Peopl.....»»
Chinese FX Reserves Drop The Most In 7 Months; Yuan Set To Plunge Below PBOC "Red Line"
At roughly the same time that China announced its latest 1% RRR cut, whose net liquidity injection would be roughly 750BN yuan, the PBOC re.....»»
Exclusive: Guarding stability, China likely to slow yuan"s slide to 7 per dollar: sources
China is likely to use its vast currency reserves to stop any precipitous fall through the psychologically important level of 7 yuan per dollar as it could risk triggering speculation and heavy capital outflows, policy insiders said......»»
Exclusive: Guarding stability, China likely to slow yuan"s slide to 7 per dollar - sources
China is likely to use its vast currency reserves to stop any precipitous fall through the psychologically important level of 7 yuan per dollar as it could risk triggering speculation and heavy capital outflows, policy insiders said......»»
"The Central Bank Will Intervene": PBOC Said To Sell Reserves If Yuan Drops Below 7.00
According to the latest data from China's SAFE, net FX outflows from China picked up .....»»
On Friday A PBOC Official Called For A Stronger Yuan; One Day Later His Article Was Deleted
On Friday A PBOC Official.....»»
Barclays profit almost triples in the first quarter as economic outlook turns positive and its COVID-related cash reserves fall
Barclays benefited from a more positive economic outlook, strong investment bank performance and smaller reserves for bad loans as COVID-19 subsides. REUTERS/Simon Dawson Barclays' first-quarter profit .....»»
How China Is Closing In on Its Own Digital Currency: QuickTake
While there’s no launch date yet, the People’s Bank of China is likely to be the first major central bank to issue a digital version of its currency, the yuan, seeking to keep up with -- and control of -- a rapidly digitizing economy. Trials an.....»»
: Deodorant sales fall at Unilever as consumers abandon personal hygiene in lockdown, but stock rises 3.11%
The Ben & Jerry’s owner will buy back up to €3 billion of shares from May......»»
How China Is Closing In on Its Own Digital Currency
While there’s no launch date yet, the People’s Bank of China is likely to be the first major central bank to issue a digital version of its currency, the yuan, seeking to keep up with -- and control of -- a rapidly digitizing economy. Trials an.....»»
Iran calls blackout at underground atomic facility "nuclear terrorism." Israeli outlets blame an Israeli cyberattack.
Suspicion for Sunday's attack fall on US ally Israel. Prime Minister Benjamin Netanyahu met with US Defense Secretary Lloyd Austin on Sunday. This file photo released Nov. 5, 2019, by the .....»»
In Defense Of Hedge Funds - Gamestop Squeeze Hides Market Excess Risk
In Defense Of Hedge Funds - Gamestop Squeeze Hides Market Excess Risk Authored by Daniel Lacalle, The short-squeeze forced in Gamestop and other stocks through Reddit’s WallStreetBe.....»»
Coronavirus boosts U.S. layoffs; job openings fall
Layoffs in the United States jumped to a record high in March, while the number of people voluntarily quitting their jobs dropped to a 4-1/2-year low as the novel coronavirus crisis rapidly changed labor market dynamics......»»
USM to resume "some" in-person learning on campuses this fall, chancellor says
University System of Maryland Chancellor Jay Perman said the system's colleges are "planning to resume at least some in-person teaching and learning" in the fall, after the coronavirus forced most campuses nationwide to close down during the spring semest.....»»
Dow, S&P fall as US-China tensions rise over coronavirus crisis
The ADP national employment report released Wednesday morning showed U.S. companies cut 20.2Â million jobs in April as the COVID-19 pandemic forced them to close at least temporarily......»»
The Army is backing up a reservist who"s under attack from coronavirus conspiracy theorists
Defense Department/EJ Hersom After competing in the 2019 Military World Games in Wuhan, China, last fall, US Army Reserve Sgt. 1st Class Ma.....»»
Daimler sees profits at Mercedes-Benz Cars rising in 2020
Daimler said it expected the operating profit of its Mercedes-Benz Cars & Vans division to be above the prior-year level, even as the corona pandemic forced the Stuttgart-based car and trucks maker to abandon its outlook earlier this month......»»
Trump Invokes Defense Production Act: Who Will Be Forced To Work At Meat Plants?
Trump Invokes Defense Production Act: Who Will Be Forced To Work At Meat Plants? Submitted by Daisy Luther of The Organic Prepper Over the past few weeks, nearly a dozen large meat processing plants have closed their doors due .....»»