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HONG KONG : The yuan has lost nearly 5 per cent of its value against the dollar this year and in recent weeks China's central bank has begun pushing back on the slide, fixing the currency's daily trading band at stronger-than-expected…

SHANGHAI : China's yuan is facing renewed downward pressure, dragged lower by a surging U.S. dollar, a hawkish Federal Reserve and widening monetary policy divergence between the world's two largest economies.The yuan has lost about 4…

HONG KONG : China Evergrande Group made three 11th-hour coupon payments in the past two months, but there was no repeat at the end of a grace period at midnight Monday in New York as some bondholders did not receive their dues, four…