#Currency
Total 3 articles
EconomyEN
Weak Yuan Punches Hole in Europe's Trade Defenses, Sparking Calls for Drastic Tariffs
A weakening Chinese yuan is neutralizing the European Union's trade defenses, according to new analysis. This is sparking calls for drastic, across-the-board tariffs amid fears of deindustrialization.
EconomyEN
China's Yuan Breaks Below 7.0 Per Dollar for First Time in 15 Months
China's offshore yuan has strengthened below the key 7.0 per U.S. dollar level for the first time in 15 months, signaling a shift in market sentiment and capital flows.
EconomyEN
South Korea Vows 'Decisive' Action to Prop Up Tumbling Won
South Korea's finance ministry has signaled decisive intervention to support the falling won. The move comes as investors shift funds abroad, raising concerns about market stability.