Japan "need not worry" about China's devaluation of the yuan because it can always offset the effects by easing monetary policy, said an adviser to Prime Minister Shinzo Abe. Depreciation in China's currency tends to boost the yen, and if external demand weakens too much ...
Bashing China is a time-honored tradition among U.S. candidates for higher public office, and no one has done that with more zest in this election cycle than billionaire Donald Trump. Beijing handed the Republican presidential hopeful more ammunition to rail against China when it devalued ...
Japanese stocks fell the most in a month as China devalued its currency for a second day, heightening concern growth may slow in the world's second-largest economy and dampening the outlook for Japanese exporters. Koito Manufacturing Co., which relies on China for about a quarter ...
China's 2 percent devaluation of the yuan on Tuesday pushed the dollar higher and hit Wall Street and other global equity markets as it raised fears of a new round of currency wars and fed worries about slowing Chinese economic growth. U.S. stock indexes slumped ...
The U.S. Treasury Department says it will pressure Japan to refrain from competitive devaluation while stopping short of accusing it of manipulating the yen.
