The yuan fell 0.8 per cent to end its onshore trading session at 6.8721 per US dollar on Monday, its weakest such close since Jan 3.
FADING hopes of a US-China trade resolution have hit China's currency, with some banks revising their forecasts for the currency lower as the yuan slumped to a four-month low on Monday.To continue reading
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
SGX waw
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SGX orders Best World’s franchisee in China to hand over company documentsSINGAPORE — The Singapore Exchange (SGX) has taken unusually tough measures against embattled cosmetics firm Best World International after the company confirmed its main franchisee in China was related to its chief executive officer and managing director Dora Hean.
Source: TODAYonline - 🏆 1. / 99 Read more »
China urges US to respect market economy after China Mobile denied entryWASHINGTON/HONG KONG: China urged Washington on Friday to stop putting 'unreasonable pressure' on Chinese companies after U.S. regulators voted to ... This might be the funniest headline of the day.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
European stocks tumble as US, China exchange trade war salvosLONDON: European stock markets came under intense pressure on Monday (May 13) from new eruptions in the US-China trade war, while oil rallied on ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »