China steps up defence of renminbi against Wall Street bets

Currency softens over weakness in world’s second-largest economy and fear of Trump tariffs

Topics

A $28 Trillion Corner of Wall Street Is Flashing a Warning About the U.S. Economy

Bond yields have surged since the Fed began cutting interest rates.
Inc. - 5h
Exodus by Wall Street Banks From Climate Group Worries Advocates

The end of the year saw five of the six largest U.S. banks leave the Net-Zero Banking Alliance, as conservative pressures discouraged their climate change policies.
Inc. - 3d
Michael Barr to step down as Fed’s top Wall Street regulator

US central bank’s vice-chair for supervision will leave his role in February but stay on as a governor
Financial Times - 3d
China rushes to reassure investors as equities and renminbi fall

CSI 300 down 4.2% this year and currency slides to 15-month low as Donald Trump’s return weighs on markets
Financial Times - 3d
Top Wall Street analysts pick these dividend stocks for 2025

TipRanks' analyst ranking service reveals three dividend-paying stocks, including Ares Capital and ConocoPhillips.
CNBC - 4d
Why Wall Street Expects the Stock Market to Have a Big 2025

Analysts see corporate earnings improving beyond just big tech names.
Inc. - Jan. 2
Gold set to rally further this year, say Wall Street banks

Yellow metal expected to continue to benefit from buying by global central banks
Financial Times - Jan. 2
China steps up drive to break Boeing and Airbus grip on plane market

State-owned Comac opens offices abroad and pushes for overseas certification as it increases output of C919 jets
Financial Times - Jan. 1
Wall Street ends 2024 on down note but made substantial gains for the year

Wall Street ended 2024 with stocks slipping, but NBC News' Brian Cheung reports that overall, the year was good for investors.
NBC News - Dec. 31

More in World

California fires live updates: death toll likely to rise, says LA county sheriff, as blazes caused by ‘perfect storm’ rage on

Nearly 180,000 people under evacuation orders across LA county as emergency crews battle on against flames; Pacific Palisades fire described as ‘apocalyptic’. Full report: wildfires continue to ...
The Guardian - 17m
Joe Biden hails Jimmy Carter’s character in eulogy at memorial service celebrating former president’s long life – latest updates

President speaks as thousands gather for former president’s funeral service at Washington national cathedral before he is laid to rest in Georgia. Members of the military have carried Jimmy ...
The Guardian - 17m
Everton v Peterborough, Fulham v Watford, and more: FA Cup third round – live

Sean Dyche sacked as Everton manager by new owners Live scoreboard | Read Football Daily | And email Taha Young (father) and Young (son) both begin on the bench. Everton make six ...
The Guardian - 18m
Uruguay’s popular former president José Mujica reveals he is dying of cancer

‘My cycle is over,’ says leftwinger, 89, who lives humbly and oversaw one of healthiest and most liberal democracies. José Mujica, the former guerrilla who became Uruguay ’s president and a global ...
The Guardian - 38m
Guantánamo Bay Explained: The Costs, the Captives and Why It’s Still Open

Just 15 men remain at the prison, down from hundreds when it opened 23 years ago. But the costly operation could go on for years.
The New York Times - 39m