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Business

Zhang Yukun

Yuan Drops to Seven-Month Low as PBOC Weakens Fixing Again

What’s new: China’s central bank weakened the yuan’s daily reference rate for a seventh straight trading day, signaling that policymakers are letting the currency decline slowly against the dollar as part of measures to support China’s economy.

The Chinese currency’s central parity was set at 7.1270 against the U.S. dollar on Thursday, compared with 7.1248 the previous day, according to data from the China Foreign Exchange Trade System (CFETS). The fixing was the weakest since Nov. 21.

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A judge seals Cornell case files after a Marine who shares a name with one of the accused men and his family face threats over a wrong address

A judge seals Cornell case files after a Marine who shares a name with one of the accused men and his family face threats over a wrong address

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Top stories on inkl right now

Gunman kills pregnant woman, 2 children and 5 others in massacre of Pennsylvania family

Gunman kills pregnant woman, 2 children and 5 others in massacre of Pennsylvania family

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The Independent UK

CBO chief warns it's 'probably not plausible' that a strong economy alone can steady U.S. debt as 5%-6% growth is needed—more than Bessent's 3% view

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Despair after 200-year-old ‘grandmother’ tree toppled for Trump’s border wall: ‘It crushes your heart’

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Protesters spent months occupying an ancient cottonwood. Then a tense standoff with US border patrol came to a head

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

A judge seals Cornell case files after a Marine who shares a name with one of the accused men and his family face threats over a wrong address

A judge seals Cornell case files after a Marine who shares a name with one of the accused men and his family face threats over a wrong address

“You just see it again and again and again.”

We Got This Covered

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