Volatility in China’s yuan due to escalating U.S. trade friction: PBOC official
Volatility in China’s yuan since August is a normal market reaction to escalating trade frictions stoked by the United States and was caused, to some...
Brazil appeals judge lifts temporary arrest of former billionaire Eike Batista
A Brazilian appeals court judge ordered on Saturday the release of Eike Batista, the mining and oil magnate who was once Brazil’s richest man, revoking...
Mexican banks report failures in processing card payments
Several of Mexico’s largest banks reported on Saturday that they were experiencing problems processing debit and credit card payments while some shops in the capital...
Pope caps reform of Vatican bank with new statutes
Pope Francis has approved new statutes for the Vatican Bank, making an external audit obligatory and introducing other changes to bolster reforms that have turned...
IMF stands by yuan view; says China could need stimulus if trade war worsens
The International Monetary Fund on Friday stood by its assessment that the value of China’s yuan was largely in line with economic fundamentals, but an...
Peru suspends key permit for Southern Copper in U-turn on Tia Maria project
Peru on Friday suspended a recently issued construction permit for Southern Copper’s Tia Maria mine, a project that has triggered violent protests by nearby residents....
PG&E evaluating proposal from hedge funds Knighthead Capital, Abrams Capital
Power producer PG&E Corp said on Friday it is evaluating a proposal from hedge funds Knighthead Capital Management and Abrams Capital Management to provide equity...
Trump roils markets with comments on China trade, Huawei
U.S. President Donald Trump on Friday said he was not ready to make a deal with China and even called a September round of trade...
Wall Street ends down amid more trade woes, high volatility
U.S. stocks fell on Friday following renewed jitters over the U.S.-China trade war, capping a week of trading that saw big swings and high volume....
U.S. bond yields rise on confusion over U.S. trade move
U.S. Treasury yields rose on Friday amid confusion over the United States policy on trade with China, while political turmoil in Italy compounded investor concerns,...