Yuan

Wall Street gains on upbeat data, firming yuan

U.S. stocks rose on Thursday as better-than-expected domestic and Chinese data as well as a steadying yuan offered some comfort…

By Businessam Staff
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Trade friction hits stocks, yuan slumps to lowest in over a decade

Global stocks fell for a sixth day on Monday as an escalation of trade tensions between the United States and…

African economy needs more usage of Chinese yuan, financial expert says

There has been a general consensus among some eastern and southern African countries that there should be more usage of…

Hedge fund manager Hart finally gives up on China bet after he lost millions

Mark Hart, an investor spent seven years and $240 million waiting on a crash in China’s currency. According to Bloomberg,…

China is using the Yuan to combat risk of a market meltdown

China has an insurance policy against a full-scale market meltdown: the daily currency fixing. With stocks and bonds in retreat…

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