Markets

The US officially names China a ‘currency manipulator’ in an escalating trade war that has sent shock waves through global markets. This is the fallout so far.

The US Treasury Department has officially called China out for manipulating its currency to give itself “an unfair competitive advantage”. The accusation was in response to China setting its yuan to an 11-year low amid rising US tariffs against its goods. The escalation has spooked global markets, wiping between 2.9% […]
The US officially names China a ‘currency manipulator’ in an escalating trade war that has sent shock waves through global markets. This is the fallout so far.
Markets

FTSE Russell is expected to include China stocks in a boost for Beijing

The global index provider FTSE Russell is expected to add mainland Chinese shares to its major benchmarks on Wednesday,Reuters reported. The move could push billions of dollars to the Chinese market, helping to stabilise it in the midst of its trade war with Washington. FTSE inclusion would initially trigger $US15 […]
FTSE Russell is expected to include China stocks in a boost for Beijing