Por: RTTNews Business September 26, 2022
China's central bank ramped up measures to safeguard the yuan from further depreciation on Monday as the U.S. Dollar continued to strengthen on the Federal Reserve's tightening stance. The People's Bank of China decided to raise the risk reserve requirement for banks' forward sales to 20 percent from zero. The new rate will take effect on September 28. This foreign exchange risk reserves for financial institutions when buying... + full article
CNBC USA Business September 29, 2022
The Chinese yuan weakened past the closely-watched 7.2 level against the greenback this week.Getty ImagesBEIJING — has warned against betting on the , after its rapid decline against the U.S. dollar this week.Do not bet on a one-sided appreciation or deprecation of the... + más
Xpeng breaks out of a lower price range with its most expensive car to date | CNBC
China's yuan hovers near record lows against the dollar despite central bank warning | CNN
CNN USA Business September 29, 2022
Hong Kong CNN Business — hovered near record lows against on the offshore market on Thursday, as major currencies around the world continue to tumble after The yuan — also known as the renminbi —has been declining for months despite interventions by China’s central... + más
China's yuan slides to 14-year low after US rate hikes | ABC News
MarketWatch USA Business September 29, 2022
The dollar’s dip in the previous session “was a classic case of profit-taking after a stunning run in the dollar, which has already resumed its upward trajectory,” said Marios Hadjikyriacos, an analyst at broker XM. In focus was the politics around the depreciation of... + más
ABC News USA World September 29, 2022
BEIJING -- China’s yuan fell to a 14-year low against the dollar Wednesday despite central bank efforts to stem the slide after U.S. interest rate hikes prompted traders to convert money into dollars in search of higher returns.A weaker yuan helps Chinese exporters by making... + más
China's yuan slides to 14-year low after US rate hikes | Associated Press
Associated Press USA Business September 28, 2022
BEIJING (AP) — China’s yuan fell to a 14-year low against the dollar Wednesday despite central bank efforts to stem the slide after prompted traders to convert money into dollars in search of higher returns.A weaker yuan helps Chinese exporters by making their goods cheaper... + más
ABC News USA Business September 28, 2022
NEW YORK -- Bond markets around the world are relaxing after London’s central bank pledged to do whatever’s needed to restore calm in its financial markets. Stocks are still wavering as a possible recession and a long list of other worries continue to hang over Wall Street.... + más
Benchmark bond yields are ‘bad news' for investors as the Fed hikes rates by 0.75%. What it means for your portfolio | CNBC
Bond Yield, Dollar Rebound May Lead To Pullback On Wall Street | RTTNews
CNBC USA Tech September 22, 2022
Xpeng has announced its most expensive car to date. Pictured here at a store in Shanghai, China, on July 2021 are two of Xpeng's previously released models, a P7 Wing Limited Edition in green and a G3 SUV in blue.Qilai Shen Bloomberg Getty ImagesBEIJING — Chinese electric... + más
Chinese EV maker Xpeng launches rival to Tesla's semi-autonomous driving system | CNBC
Car buyers pay 10% above the sticker price, on average — or more if you want a Jeep or Porsche | CNBC
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