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Tag: currency

Stocks hit record highs as US drops China's currency manipulator charge  business live

2020-01-14 08:57:18| Guardian Unlimited Business - more business news

Rolling coverage of the latest economic and financial news, as US and China prepare to sign their Phase One trade deal 7.50am GMT Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.China has made enforceable commitments to refrain from competitive devaluation, while promoting transparency and accountabilityThe symbolic removal of the currency manipulator tag from China has no great significance but its a reward for getting the Phase 1 trade deal over the line and markets are euphoric ahead of tomorrows signing ceremony. The yuan is stronger, and is dragging trade -sensitive currencies with it. Related: Flybe on the brink as government urged to step in Continue reading...

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US to reverse China 'currency manipulator' label

2020-01-13 21:34:39| BBC News | Business | World Edition

The move comes as the two countries are expected to sign a preliminary trade agreement this week.

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Trump to drop labeling China a currency manipulator, report says

2020-01-13 20:21:30| Guardian Unlimited Business - more business news

Administration preparing to drop charges as the two superpowers move closer to a trade dealThe Trump administration is preparing to drop charges that China has been unfairly manipulating its currency as the two economic superpowers move closer to a trade deal.The decision to drop the designation, first reported by Fox Business News, comes ahead of the announcement of a trade deal between the two sides, expected on Wednesday. The trade dispute has rocked US manufacturing and caused an economic slowdown in China. Continue reading...

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Rupee ride: Desi currency set to beat Asian peers

2020-01-10 08:23:07| The Economic Times

Indias rupee will likely beat most Asian peers this year, according to Rabobank, in contrast with other top forecasters who expect the currency to continue trailing.

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Hackers Cripple Airport Currency Exchanges, Seeking $6 Million Ransom

2020-01-09 23:45:19| Business - International Herald Tribune

Travelexs stores, airport counters and exchange services were forced offline by a ransomware attack on New Years Eve.

Tags million seeking currency airport


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