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...
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.
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...
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.
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.
Sites :