With the U.S. imposing aggressive tariffs on Chinese goods, conventional wisdom suggests that Beijing will retaliate with a sharp devaluation of the yuan to counter the economic shock. But this ...

China’s yuan on Thursday fell to its lowest value against the US dollar since the global financial crisis, with the central bank cutting its daily reference rate for the sixth straight session. The ...

The decline in Yuan comes as a trade war between the world's two largest economies escalates. US President Donald Trump's "reciprocal" tariffs on dozens of countries took effect on Wednesday, ...

China is guiding the yuan weaker at a carefully orchestrated pace, as the central bank seeks to blunt some of the economic impact of the trade war without destabilizing financial markets.

Founded in 2010, Old Street Bak Kut Teh is one of Singapore’s most prolific bak kut teh brands, with many outlets all over the island. They have a unique “East meets West” approach to their dishes, ...

HONG KONG, April 9 — China’s yuan ended at its weakest level in more than 17 years today after its offshore counterpart fell to a record low overnight, as an escalating Sino–US trade war rattled ...

Beijing lowered the yuan’s daily reference rate only slightly on Wednesday, despite the offshore yuan hitting a record low overnight, signalling China’s determination to stabilise its currency ...

SINGAPORE/HONG KONG – China’s yuan dipped to a fresh 19-month low against the US dollar on April 8 after its offshore counterpart fell to a record low overnight, as investors fretted about an ...

China’s yuan dipped to a fresh 19-month low against the US dollar today after its offshore counterpart fell to a record low overnight, as investors fretted about an intensifying Sino-US trade war.

On the renminbi, Guan said the yuan has remained generally steady against the dollar, despite weakening following the new tariff announcement. "Future yuan performance will hinge on China's ...

[NEW YORK] China is guiding the yuan weaker at a carefully orchestrated pace, as the central bank seeks to blunt some of the economic impact of the trade war without destabilising financial markets.

Some talk of finding ways to exacerbate the situation, perhaps by strengthening the yuan. This would be quite a gamble. By the time inflation had picked up in America, Chinese industry and supply ...