Monday 31 August 2015
 
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Yuan

Global firms keen on ‘nearshoring’ of products

There is a growing appetite for 'nearshoring', that is moving production closer to its ultimate end-market, among international companies, according to a new study. The study released by global business-advisory firm AlixP

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Global firms keen on ‘nearshoring’ of products

There is a growing appetite for 'nearshoring', that is moving production closer to its ultimate end-market, among international companies, according to a new study. The study released by global business-advisory firm AlixP

More…

China's FX move raises question: where's the inflation?

China's currency devaluation bombshell this week blew apart the growing consensus that global inflation had bottomed out and was slowly moving higher, forcing investors to reconsider their assumptions on a wide range of financial markets.

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Further yuan fall unlikely says China cbank

China's central bank said on Thursday there was no reason for the yuan to fall further given the country's strong economic fundamentals, in a bid to reassure jittery global markets after it devalued the currency earlier in the week.

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China lets yuan fall further, fuels currency war fear

China's yuan hit a four-year low on Wednesday, falling for a second day after authorities devalued it in a move that sparked fears of a global currency war and accusations that Beijing was unfairly supporting its struggling exporters.

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Oil drops as China allows yuan to fall sharply

Crude oil prices fell again on Wednesday as China allowed its currency to fall sharply for a second day, triggering concerns over the country's economic health just as oil production hit multi-year highs. Brent futures initial

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Oil prices fall after China devalues yuan

Oil prices slumped on Tuesday following a jump in the previous session, as China devalued its yuan currency following a run of poor economic data that underscored the market view that fundamentals are too weak to warrant higher oil prices.

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Oil prices fall after China devalues yuan

Oil prices slumped on Tuesday following a jump in the previous session, as China devalued its yuan currency following a run of poor economic data that underscored the market view that fundamentals are too weak to warrant higher oil prices.

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China to promote cross-border e-commerce

China will increase support for cross-border e-commerce as the world's second-largest economy shifts from manufacturing to higher-value services, the government said. China's e-commerce industry has been booming in recent

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Qatar to open Chinese yuan clearing centre in April

The Middle East's first hub for clearing transactions in the Chinese yuan is set to open in Doha, Qatar next month. Speaking at the annual MEED Qatar Projects Conference, Sheikh Abdullah Saoud Al-Thani, governor of Qatar Centr

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