China stocks end higher, yuan gains on hopes of fresh trade talks

SHANGHAI (Reuters) – China’s yuan strengthened on Thursday and its stock market rallied after an uncertain start, buoyed by an invitation from the Trump administration to Chinese officials to restart trade talks. FILE PHOTO: A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration/File PhotoThe benchmark Shanghai Composite index .SSEC ended 1.1 percent higher at […]

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Rouble under pressure from new U.S. sanctions on Moscow

MOSCOW (Reuters) – The Russian ruble fell toward its lowest levels since 2016 in early trade on Monday as support from month-end tax payments faded, giving way to pressure from new U.S. sanctions against Moscow. FILE PHOTO: A cashier holds new 200 rouble banknotes in a bank in Moscow, Russia November 21, 2017. REUTERS/Maxim Shemetov The ruble shed 0.5 percent […]

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Kremlin plays down ruble drop, says Russian economy and finances…

MOSCOW (Reuters) – Kremlin spokesman Dmitry Peskov on Friday played down a sharp fall in the ruble, saying there was a “certain volatility” in the market but that Russia’s economic and financial systems were entirely stable. FILE PHOTO: Kremlin spokesman Dmitry Peskov attends a meeting of Russian President Vladimir Putin with Qatar’s Emir Sheikh Tamim bin Hamad al-Thani at the […]

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Dollar drops as U.S.-EU agree to reduce tariffs

New York (Reuters) – The U.S. dollar weakened against the euro on Wednesday after the United States and the European Union agreed to deescalate a transatlantic trade conflict, leaders from the two trading partners announced in a joint statement in Washington. FILE PHOTO: U.S. dollar and Euro banknotes are seen in this picture illustration taken May 3, 2018. REUTERS/Dado Ruvic/Illustration […]

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