China Pushes Back Against Yuan Weakness After Last Week’s Slide
China reaffirmed its support for the yuan after the currency’s slide last week fanned speculation policymakers would allow it to depreciate faster.
Elon Musk turns on Reform UK leader Nigel Farage, calls for his replacement
Nigel Farage said Musk's comments came as a "surprise" and suggested the apparent fallout was over the jailed far-right activist Tommy Robinson.
The Daily T: Is Elon Musk right to attack Nigel Farage?
It feels like just yesterday the X owner and the Reform leader were pictured together at Mar-a-Lago. Now Elon Musk has publicly attacked Nigel Farage, saying he “doesn’t have what it takes” to lead the party and should be replaced.
Elon Musk Turns on Farage, China Pushes back Against Yuan Weakness | The Opening Trade 01/06
Elon Musk, a key advisor to US President-elect Donald Trump, attacked Nigel Farage, leader of the Reform UK party, saying he "doesn't have what it takes" and should be replaced. China's central bank reaffirmed its support for the yuan,
Elon Musk Takes His Political Chaos Across the Pond in Effort to Turf Far-Right Leader Nigel Farage
MAGA billionaire Elon Musk trained his chaotic political posts on Britain on Sunday, extending a multi-day meltdown that has gone from calling for the release of a jailed fascist Islamophobe to calling for the head of Nigel Farage,
Elon Musk branded ‘greatest entrepreneur of all time’ by Reform UK chair after billionaire’s shock Nigel Farage intervention
Reform UK Chairman Zia Yusuf has hailed Elon Musk as "the greatest entrepreneur of all time by some distance", despite the tech billionaire's recent criticism of party leader Nigel Farage. Speaking to GB News,
China hurries to shore up sliding yuan and stock markets
China's stock exchanges and central bank rushed to defend a tumbling yuan and falling stock markets on Monday, trying to ...
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China’s Central Bank, Forex Regulator Signal Commitment to Steady Yuan Exchange Rate
The PBOC is likely to cut the reserve requirement ratio by 50 bps in the first and third quarters this year to support ...
Metals Fall Even as China Shows Support for Under-Pressure Yuan
Aluminum and zinc held near their lowest levels in more than three months as China signaled support for its currency in the ...
China’s central bank rhetoric on yuan stability takes aim at depreciation risks
An exchange rate of 7.6 to the US dollar by the end of 2025 could be on the cards, analysts say, as Donald Trump’s impending ...
China's markets had a shaky start to the year, including a blow to 2 major tech companies
The Pentagon has designated two major high-profile tech companies — Tencent and CATL — as Chinese military companies ...
China’s Widest-Ever Yield Discount to US Pressures Sluggish Yuan
China’s yield discount to the US has expanded to a fresh record, aggravating the challenge for a central bank that’s already ...
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China’s yuan briefly hits weakest against dollar since Nov 2023
China’s yuan hit a 14-month nadir on the first trading day of 2025, but it quickly bounced from lows of 7.31 per dollar, ...
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China moves to tighten domestic control over Bitcoin as Trump appoints Bitcoin fan to SEC
The advent of a Trump presidency is accelerating a divergence on digital currencies between the world’s two largest economies ...
China Moves to Fix Ailing Economy
Beijing has reportedly given salary increases to public sector workers to boost demand and revive its struggling economy.
Tesla achieves record China sales, but faces a tougher road ahead
Tesla, the US electric vehicle giant, celebrated record sales in China in 2024, but analysts warn that sustaining this ...
Yuan Traders Look to PBOC Fixing to Gauge Level of FX Support
The yuan weakening past a level that China had been defending throughout December has returned the spotlight to its daily ...