The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). …
In an earlier post I noted that U.S. President Donald Trump has ordered what he described as a “total and complete blockade” of all sanctioned …
Tesla is facing renewed regulatory scrutiny in California after an administrative law judge ruled that the company engaged in deceptive marketing practices related to its …
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that …
Trump is posting on his social media account. Verbatim: Venezuela is completely surrounded by the largest Armada ever assembled in the History of South America. …
Japanese trade and capex-indicative data (machine orders data are a leading indicator of capital spending in the coming six to nine months. It’s a volatile …
Goldman Sachs expects the Federal Reserve could be more open to further interest-rate cuts next year than markets previously assumed, following this week’s policy easing …