New Straits Times
SHANGHAI/BEIJING: China’s yuan inched higher against the dollar on Thursday, supported by positive investor sentiment on a report that more stimulus could be rolled out to arrest a slowdown in the world’s second largest economy.
The Chinese currency gained after Bloomberg News reported that Beijing was considering injecting up to 1 trillion yuan of capital into its biggest state banks to increase their capacity to support the struggling economy. …
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China’s yuan firms on report Beijing considering more economic stimulus
Reuters
07:31
SHANGHAI/BEIJING: China’s yuan inched higher against the dollar on Thursday, supported by positive investor sentiment on a report that more stimulus could be rolled out to arrest a slowdown in the world’s second largest economy. The Chinese currency gained after Bloomberg News reported that Beijing was considering injecting up to 1 trillion yuan of capital into
