PBOC sets Yuan reference rate at 6.9612

The People's Bank of China (PBOC) has set the Yuan reference rate at 6.9612 versus Tuesday's fix at 6.9389.

Mar 11, 2020

China had 24 new confirmed cases of coronavirus infections on Tuesday

Reuters reports that Mainland China had 24 new confirmed cases of coronavirus infections on Tuesday, the country's National Health Commission said on

BofA cuts 2020 global GDP forecast

Bank of America (BofA) has cut its forecast for global economic growth to 2.2% for 2020 from 2.8% estimated earlier, as noted by popular analyst Holge