Yuan, Euro Rout Points to Losses for Emerging-Market Currencies
Breadcrumb Trail LinksPMN BusinessLosses in the Chinese yuan and the euro have picked up in recent months, and that is worsening the outlook for emerging-market…
Emma Raducanu beats Yue Yuan to reach Korea Open quarter-finals
Yue, the world number 40, recovered an early break in the opening set but Raducanu landed another blow in the ninth game before taking her…
Asian Stocks Set For Gains, Eyes on Daily Yuan Fix: Markets Wrap
Breadcrumb Trail LinksPMN BusinessAsian stocks are set to follow Wall Street higher after Friday’s jobs print indicated a strong US economy. China reopens after a…
The De-Dollarization of World Economy: Xi-Putin Agreement, Saudi Arabia’s Shift to Yuan
The global economy has been dominated by the US dollar as the world’s reserve currency for decades, but recent developments have raised questions about the…