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Stocks extend gains as China eases currency policy

Stocks extend gains as China eases currency policy

Stocks extended their winning streak Monday after China said it would allow its currency to appreciate against the dollar, a move that could provide a boost for U.S. manufacturers and exporters ...

 

Currency Regime Change In Beijing: What It Means

Currency Regime Change In Beijing: What It Means

The announcement, which you can read in English here, means the end of nearly two years of fixing the Chinese currency to the U.S. dollar, a move that most economists, including many in China, believe is on balance good for both the world and China in the long run. It will make China the most popular attendee at next week's meeting of the G-20 nations in Canada, and it will please traders who have been betting China will allow the yuan to appreciate.

 

Obama Urges G20 Nations to Maintain Stimulus

Obama Urges G20 Nations to Maintain Stimulus

A letter in advance of a G-20 meeting warned of economic relapse if stimulus programs are withdrawn, and hinted that China’s currency remains too weak.

 

Euro plummets to new dollar low

The euro plummets against the US dollar, falling below $1.22 for the first time since April 2006.

Senh: Time to head out to Europe for vacation.

 

$100 bill gets a makeover to fight fakes

$100 bill gets a makeover to fight fakes

A newly designed $100 note contains advanced security features to combat counterfeiters, but older $100 notes will remain in circulation after the new currency is released.

 

Geithner to visit Beijing amid currency dispute

Geithner to visit Beijing amid currency dispute

Treasury Secretary Timothy Geithner will visit Beijing on Thursday for talks with a Chinese vice premier for economic affairs, ...

 

China says it will move cautiously on currency

China says it will move cautiously on currency

China's central bank governor acknowledged Saturday that Beijing is using its controversial exchange-rate controls to cope with the global economic crisis and said it will be cautious about retreating from the policy....

 

G7 talk on Greece fails to soothe investors, euro dips

The euro and growth-linked currencies fell Monday as investors unwound risky trades amid growing worries about eurozone's debt problems, dismissing assurances from European finance ministers at the weekend.

 

On China, Obama says U.S. must address currency rates

President Barack Obama said on Wednesday it was important to address currency rates with trading partners such as China to ensure U.S. goods were not facing a disadvantage.

 

Venezuela Devalues Bolivar 17% To 50%

Two-tier exchange rate reintroduced to limit imports and help domestic businesses.

 

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