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China"s central bank sets yuan"s midpoint at weakest level since 2008

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchAug 7th, 2019

Market Snapshot: S&P 500, Nasdaq rally by more than 1% as China’s yuan peg eases jitters

U.S. stocks on Thursday trade sharply higher after China fixed its onshore currency at the weakest level since 2008 but slightly higher than feared......»»

Category: topSource: marketwatchAug 8th, 2019

Currencies: Dollar’s 3-day slide pauses; China sets yuan level at weakest in 18 months

The greenback begins Friday trading marginally higher, looking to snap a three-day losing streak......»»

Category: topSource: marketwatchOct 12th, 2018

China"s currency is tumbling and it"s rattling markets across Asia

STR/AFP/Getty Images The Chinese yuan has fallen to the weakest level against the greenback since May 2008. Investors have reacted negatively to the news, sending Asian stocks and currencies s.....»»

Category: topSource: businessinsiderOct 26th, 2018

SWIFT Sets Up Joint Venture With China Central Bank Ahead Of Imminent Digital Yuan Launch

SWIFT S.....»»

Category: blogSource: zerohedgeFeb 4th, 2021

China Southern Air Holding sets up one billion yuan cargo company

China Southern Air Holding, the parent of China Southern Airlines , has set up a cargo company with registered capital of 1 billion yuan ($143 million), as it looks to consolidate its air cargo assets through state-led reforms......»»

Category: topSource: reutersDec 26th, 2019

Trade hopes lift global stocks to one-week high, yuan softens

World stocks climbed to a one-week high on cautious hopes for a rapprochement on trade between Beijing and Washington on Friday, though a perky dollar capped gains with China's yuan softening again, on track for its weakest month in 2-1/2 decades......»»

Category: topSource: reutersAug 30th, 2019

Global stocks scale one-week high on trade hopes, yuan softens

World stocks rose to a one-week high on cautious hopes for a rapprochement on trade between Beijing and Washington on Friday, though a perky dollar capped gains with China's yuan softening again, on track for its weakest month in 2-1/2 decades......»»

Category: topSource: reutersAug 30th, 2019

Tesla hikes prices for Model 3, other cars in China amid weaker yuan

U.S. electric vehicle maker Tesla Inc had raised prices for some vehicles in China as the yuan trades at its weakest levels in more than a decade......»»

Category: topSource: reutersAug 30th, 2019

China sets yuan midpoint weaker than 7 for second time this week

China's central bank set the yuan's midpoint weaker than 7 per U.S. dollar for the se.....»»

Category: topSource: marketwatchAug 9th, 2019

Market Snapshot: Dow jumps 250 points as broader stock market clambers to session highs above 1.4%

U.S. stock benchmarks trade sharply higher midday Thursday after China fixed its onshore currency at the weakest level since 2008 but slightly higher than feared......»»

Category: topSource: marketwatchAug 8th, 2019

Market Snapshot: Dow poised for modest gain as China sets yuan at a higher level than expected

U.S. stocks on Thursday are set to climb modestl.....»»

Category: topSource: marketwatchAug 8th, 2019

Market Snapshot: Dow poised for modest gain as China sets yuan at a weaker than expected level

U.S. stocks on Thursday are se.....»»

Category: topSource: marketwatchAug 8th, 2019

China Fixes Yuan Weaker Than 7 For First Time In Over 11 Years

For the first time since March 2008, PBOC fixed the yuan weaker than 7 per USD.  .....»»

Category: blogSource: zerohedgeAug 7th, 2019

Stocks rout deepens as U.S. sets crosshairs on yuan

Global stocks extended already substantial losses on Tuesday, after Washington tagged China a currency manipulator, shaking fragile investor sentiment in a rapid escalation of the U.S.-China trade war......»»

Category: topSource: reutersAug 6th, 2019

China"s yuan slides to weakest level in a decade

China let its currency breach a key 7-per-dollar level Monday for the first time since the global financial crisis, a move that could spark further trade conflict with the United States. Ryan Brooks reports......»»

Category: videoSource: reutersAug 5th, 2019

Yuan Weakness Revives Old Question: What Is China Doing With Its Currency?

The Chinese yuan is near its weakest level against the U.S. dollar in two months as the Trump administration’s top economic officials visit Beijing following weeks of rising trade tensions......»»

Category: asiaSource: wsjMay 5th, 2018

China's Currency Just Hit Its Weakest Point Against the Dollar in Almost a Year - Wall Street Journal

Wall Street JournalChina's Currency Just Hit Its Weakest Point Against the Dollar in Almost a YearWall Street JournalThe yuan on Tuesday slumped to its weakest value against th.....»»

Category: topSource: googlenewsJul 2nd, 2018

Chinese Rout Halted By Central Bank Intervention; Global Markets Rebound

Once again, the overnight session was all about China. Shortly after the PBOC fixed the Yuan weaker by 340 pips to 6.6497, the weakest since August 25, 201.....»»

Category: blogSource: zerohedgeJul 3rd, 2018

Hours After Treasury Report, PBOC Slashes Yuan Fix To Weakest In 21 Months

Just hours after the US Treasury failed to assign "currency manipulator" status to China, The PBOC lowered the Yuan Fix tonight (by the most in two months) to its weakest against the USDollar since January 2017. Offshore Yuan tumbled... Th.....»»

Category: blogSource: zerohedgeOct 17th, 2018