label beijing

NEW YORK | Stocks skid as interest rates rise and earnings disappoint

NEW YORK — U.S. stocks are falling Thursday morning as interest rates resume their upward climb and several industrial companies post disappointing third-quarter results. Interest rates started rising a day ago after the Federal Reserve released minutes showing that a minority of its leaders think interest rates will need to keep rising to a level … Continue reading NEW YORK | Stocks skid as interest rates rise and earnings disappoint

BEIJING | China’s yuan sinks further after US currency report

BEIJING— China’s politically sensitive yuan has sunk to a 22-month low against the dollar after the U.S. Treasury declined to label Beijing a currency manipulator amid a mounting tariff battle. The yuan fell to 6.9411 per dollar at mid-morning on Thursday, the closest it has come to breaking the symbolic level of seven to the … Continue reading BEIJING | China’s yuan sinks further after US currency report