The country is stepping up its efforts to stem the yuan’s rapid depreciation in a policy shift intended to fend off US criticism of Beijings weakening of its currency in the ongoing trade dispute...
This covers the period from December 31 to mid-February Bond yields in emerging East Asian markets fell between December 31 and mid-February despite the risk of accelerated pace of interest rate hikes in the United States (US), the Asia Bond Monitor of Asian Development Bank (ADB) said. “Emerging East Asia’s improved growth outlook and strong...