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  • April 20, 2014
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  1. News - China

    Hagel to broach topic of cyber threats with Chinese

    Posted May 31st 2013, 11:11am by Associated Press aboard a US Aircraft

    ... Associated Press aboard a US Aircraft Defence Secretary Chuck Hagel will meet with members of a Chinese delegation this weekend and likely talk about ongoing cyberthreats amid new reports ... Hagel said that the US must find ways to work with the Chinese and other countries to develop rules of the road and a better understanding among nations for the use of cyber. “These are issues ...

  2. Business - Banking & Finance - CURRENCY

    China doubles yuan trading range against the US dollar to 2 per cent

    Posted Mar 16th 2014, 05:01am by Victoria Ruan

    ... decided to double the daily trading band for the yuan against the US dollar from tomorrow, marking a step forward in giving the currency more flexibility. The People's Bank of China ... vowed to step in as needed to stem any large swings. Market players have widely expected the change after the central bank guided the yuan to weaken 1.6 per cent against the US dollar since ...

  3. Business - Economy - CURRENCIES

    How the US dollar destabilises the world

    Posted Mar 03rd 2014, 10:25am by STEVE HANKE

    ... Steve Hanke A formal agreement between the US dollar and euro, and adoption of currency boards by other countries, could end damaging hot money flows Seeking calmer waters Karl Schiller, ... the world's great destabiliser is the United States. How could this be? In the post-second world war era, the world has been on a US dollar standard and the US Federal Reserve the world's de ...

  4. News - World - SYRIA

    US weighs military options for Syria, says Hagel

    Posted Aug 24th 2013, 03:08pm by Agence France-Presse on board a US military aircraft

    ... Agence France-Presse on board a US military aircraft US media reports warships sent to the region for possible cruise missile attacks The Pentagon is moving forces into place in case President Barack Obama opts for military action against Syria, US Defence Secretary Chuck Hagel suggested on Friday. Amid calls for military intervention after the Syrian regime carried out ...

  5. Business - Banking & Finance

    Yuan starts direct trading with NZ dollar

    Posted Mar 19th 2014, 01:26am by BLOOM

    ... partner. Chinese demand for New Zealand's exports helped drive the kiwi up 17 per cent against the US dollar over the past three years, the strongest gain among 16 major currencies. It reached ... Bloomberg Yuan set for direct trade with NZ dollar Beijing will start direct trading between the yuan and the New Zealand dollar today as the world's second-largest economy promotes ...

  6. Business - China Business - DEBT

    China Shipping plans US dollar bond amid low rates

    Posted Jan 16th 2014, 02:36am by BLOOM

    ... Bloomberg in Singapore China Shipping plans US dollar bond amid low rates China Shipping Group, the mainland's second-biggest shipping company by assets, is considering selling bonds denominated in US dollars for the first time as borrowing costs in Asia drop to a more than one-month low. The Shanghai-based firm, which provides container, tanker and freight transport services, ...

  7. Lifestyle - Arts & Culture - APPS

    Pink Dollar app fights gay prejudice

    Posted Mar 14th 2014, 10:06am by Pavan Shamdasani

    ... version of Pink Dollar, and are in discussions to bring the app to the main cities in the US and UK," he says. "Pink Dollar will start to look very different over the next few years. We ... Morgan investment banker Paul Ramscar quit his lucrative career with the aim of fighting such prejudice. Instead of protesting, he created Pink Dollar, a smartphone app that combines this social ...

  8. Business - Banking & Finance - CURRENCIES

    Beijing weakens key yuan rate amid US criticism

    Posted Apr 17th 2014, 01:09am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Beijing weakens key yuan rate amid US criticism China set the reference exchange rate for the yuan against the US dollar at its weakest level since September ... the announcement, the People's Bank of China set its mid-point rate for onshore yuan at 6.1589 against the US dollar, the weakest level since September 11. The mid-point rate is an anchor rate ...

  9. Business - Banking & Finance - DEBT

    China's Agricultural Bank offers US-dollar debt as costs fall to 2009 low

    Posted Dec 04th 2013, 05:27am by Bloomberg

    ... Bloomberg Agricultural Bank sells bonds as costs hit low Agricultural Bank of China is marketing a sale of US dollar bonds as the cost of dollar debt for Chinese borrowers slides ... basis points more than similar maturity treasuries, a person familiar with the matter said. Yield premiums on mainland dollar securities slumped to 346.7 basis points yesterday, the least since ...

  10. Business - Economy - CURRENCIES

    China's yuan set for monthly gain versus US dollar amid reform bets

    Posted Jun 01st 2013, 12:00am by Bloomberg

    ... Bloomberg Record fixing versus US dollar by People's Bank of China prompts exchange-rate reform bets Yuan set for monthly gain versus dollar The mainland's currency, the yuan, ... The People's Bank of China raised the reference rate by 0.04 per cent to 6.1796 per US dollar, the strongest since a peg against the greenback ended in July 2005. The priorities of financial reforms ...




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