Chinese yuan renminbi news

Peru hitches its wagon to China's economic motor

Usd/jpy - 96.59...Dlr has bounced fm 96.33 as the Nikkei-225 recovers some of its losses n Chinese stock markets are in positive territory, however, offers fm various accounts (incl. semi-official names n option players) are reported at 97.00/10 n 97.50 with stops noted abv latter lvl. On the downsi...

The yen depreciated vis-à-vis the U.S. dollar today as the greenback tested offers around the ¥97.15 level and was supported around the ¥96.05 levels. The pair retraced most of the intraday losses incurred in late North American dealing yesterday. Traders are closely watching the political kabuki in Japan where the opposition Democrats are trying force an early election by delaying key bills desi.…

(CEP News) - Net long-term TIC flows came in well above the consensus forecast, totalling $66.2 billion in September, while total TIC flows for the month rose to $143.4 billion, according to data released by the U.S. Treasury on Thursday. The big news of the report, however, was confirmation that China has surpassed Japan as the biggest holder of U.S. Treasuries.

Chinese companies are told they need permission to fire more than 40 workers, in a sign of worry over rising unemployment.

European Central Bank Governing Council member Nout Wellink says that ongoing and significant challenges are being faced as the real economy slows. Wellink also says that the Basel committee needs to establish a coordinated strategy to put the banking system back on sound footing over the long term. Wellink gave these comments in a speech, "the Importance of Banking Supervision in Financial Stabil…

(CEP News) - Total urban fixed asset investment in China grew 27.2% in October, against expectations for a 27.4% increase.

(CEP News) - It will be a quiet day in the Asia-Pacific with only two data reports scheduled for release on Thursday.

Asian stocks have declined sharply on Thursday on renewed concerns arisen by weakening Chinese industrial production and slumping consumption on the US, both of them key markets for Asian manufacturers.