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Currency Main Event: China devalues yuan cur...
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B. 2017-05-23 Moody's downgrades China's credit rating China
2. 2015-11-30 China's yuan gains IMF reserve status China
3. 2015-08-13 Chinese stocks are up as yuan rate strengthens Shanghai
4. 2015-08-12 China allows yuan currency to drop for third day Beijing
5. 2015-08-11 China's yuan currency devalued for a second day Beijing
2015-08-10 China devalues yuan currency to three-year low Beijing
H. 2015-06-20 Bank of China fraud: Italy seeks trial for 300 people Florence, Northern Italy
I. 2014-01-06 China to create new private banks Beijing

China's yuan gains IMF reserve status  The International Monetary Fund (IMF) has announced that China's currency, the yuan, will join the fund's basket of reserve currencies Chinese stocks are up as yuan rate strengthens   Shanghai: Chinese shares rose on Friday as the central bank set the reference rate for the yuan slightly stronger. China allows yuan currency to drop for third day  Beijing: But Thursday's rate of 1% down against the dollar was a smaller margin than the shock cuts earlier in the week China's yuan currency devalued for a second day  Beijing: China's Central Bank has again cut the guiding rate for the national currency, the yuan, a day after Tuesday's record 1.9% devaluation China devalues yuan currency to three-year low
Moody's downgrades China's credit rating

May 2017 ... more > Top ^
  China has received a downgrade on its credit score by one notch to A1 from Aa3, on worries about the future state of the economy

year 2015 Top ^

  Beijing: China's central bank has devalued the national currency, the yuan, to its lowest rate against the US dollar in almost three years


year 2014 Top ^


year 2013 Top ^


year 2012 Top ^

  Hong Kong: Shares of Standard Chartered bank have tumbled despite the bank denying allegations that it illegally 'schemed' with Iran to launder money
Jul.18 China pledges credit for Africa  Beijing: China has pledged $20bn in credit for Africa over the next three years, in a push for closer ties and increased trade Jun.28 China eyes yuan conversion trial. Southern China Jun.7 China cuts rates as growth slows  Beijing: China has cut its key interest rates for the first time since 2008, in an attempt to boost its slowing growth Apr.28 South Sudan awaits big China loan. Southern Sudan Apr.16 China increases US debt holding. Beijing Feb.8 Chinese prices get New Year boost

year 2011 Top ^

Dec.25 China and Japan in currency deal
Nov.8 IMF chief warns of 'lost decade' Jun.13 China inflation at 34-month high Mar.10 China posts shock trade deficit. Beijing Jan.17 China questions currency system

year 2010 Top ^

Oct.19 Asian markets fall on China rate hike
  Hong Kong: Asian markets are following the reaction of U.S. and European markets to China's decision to raise its benchmark interest rates by a 0.25%
Sep.30 'US bill on yuan would hurt both countries'  Beijing: U.S. House's passage of legislation designed to combat Beijing's manipulation of currency Sep.9 Japan alarmed over China's yen purchase  Japan has expressed concern about China's recent sharp increase in purchases of Japanese government bonds Jun.19 China hints at stronger currency  Beijing: China has indicated it will allow the yuan to rise against the dollar and other Western currencies Apr.27   Asian stocks slide amid Greek debt crisis   Tokyo: Asian stock markets have suffered big falls amid further signs that the Greek debt crisis is intensifying. Tokyo down 2.6%. Hong Kong's 1.3% Mar.13 China denies currency undervalued  Beijing: Chinese Premier Wen Jiabao has rejected criticism that China is keeping yuan undervalued in order to boost exports

year 2009 Top ^

Dec.27 Wen dismisses currency pressure  Beijing: Premier Wen Jiabao has said Beijing would not give in to foreign demands for its currency to strengthen, taking an increasingly defiant tone

year 2008 Top ^

Dec.21 China to provide $19B to Taiwan firms
  Beijing: China will provide 130 billion yuan in financing over the next 2 to 3 years to Taiwan-based companies doing business in the mainland Sep.15   Lehman collapse hits Asian shares
  Japan: Global markets were reeling after a historic day on Wall Street that saw 2 famous names become the latest victims of the credit crunch Mar.4 Inflation tops China 2008 agenda   Beijing: Premier Wen Jiabao: Tackling record levels of inflation is one of China's major tasks for this year

year 2005 Top ^

Jul.21 China scraps yuan peg to dollar
  China tied yuan's peg to a basket of currencies. The new rate versus the dollar revalues the currency by 2.1%
May.17 Tensions rise over China currency  Washington: The U.S. Treasury Department is saying China could be deemed a 'manipulative trade partner' if it does not revaluate

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