(Reuters) – Tropical Storm Arlene weakened to a tropical depression on Saturday, the National Hurricane Center (NHC) said. The depression is located about 145 miles (233.35 km) west of the Dry Tortugas, Florida, packing maximum sustained winds of 35 miles per hour (56 km/h). “A turn to the east is expected by tonight, and that...
Fri 26-05-2023 08:39 AM BEIJING, 26th May, 2023 (WAM) — The central parity rate of the Chinese currency renminbi, or the yuan, weakened 231 pips to 7.0760 against the US dollar Friday, the China Foreign Exchange Trade System said. According to the state news agency (Xinhua), in China’s spot foreign exchange market, the yuan is...
Wed 24-05-2023 08:15 AM BEIJING, 24th May, 2023 (WAM) — The central parity rate of the Chinese currency renminbi, or the yuan, weakened 234 pips to 7.0560 against the US dollar Wednesday, state news agency (Xinhua) reported. In China’s spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from...
Fri 12-05-2023 08:39 AM BEIJING, 12th May, 2023 (WAM) — The central parity rate of the Chinese currency renminbi, or the yuan, weakened 380 pips to 6.9481 against the US dollar on Friday, according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the yuan is allowed to rise or fall...
Wed 10-05-2023 09:15 AM BEIJING, 10th May, 2023 (WAM) — The central parity rate of the Chinese currency renminbi, or the yuan, weakened 44 pips to 6.9299 against the US dollar Wednesday, according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the yuan is allowed to rise or fall by...
Fri 05-05-2023 08:43 AM BEIJING, 5th May, 2023 (WAM) — The central parity rate of the Chinese currency renminbi, or the yuan, weakened 60 pips to 6.9114 against the US dollar Friday, according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the yuan is allowed to rise or fall by...
(Reuters) – Bank loans to companies in Italy declined sharply between November and February as demand weakened and interest rates rose, the Bank of Italy said on Friday. In the three months to February loans to the non-financial sector fell overall by 3.2% year-on-year, driven down by 7.5% drop in credit to companies, the Bank...
© Reuters. FILE PHOTO: An employee works at a carbon fibre production line inside a factory in Lianyungang, Jiangsu province, China October 27, 2018. REUTERS/Stringer By Leika Kihara TOKYO (Reuters) – Asia’s factory activity weakened in March as soft overseas demand hurt output, surveys showed on Monday, suggesting that a deteriorating global outlook will remain...
EUR/USD raced to a six-week high on Thursday, as markets continued to react to the U.S. Federal Reserve’s 25-basis-point rate hike. The greenback was lower across the board, falling versus several G7 currencies, including the British pound. EUR/USD On Thursday, the world’s most traded currency pair rose for a sixth straight session, as markets continued...
On Tuesday, all four major U.S. benchmark stock indexes fell as real estate data showed home sales dropped by 0.7% last month and Russian President Vladimir Putin suspended the nuclear arms control treaty with the United States. Additionally, the chief U.S. equity strategist at Morgan Stanley said the stock market is in a “death zone”...