© Reuters. Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Samuel Shen and Rae Wee SHANGHAI/SINGAPORE (Reuters) – Global companies are making a beeline for China’s debt markets, issuing record amounts of yuan-denominated bonds and borrowing heavily from mainland banks, capitalising on rock-bottom yuan
Share: Newly elected US House Speaker Mike Johnson said in a Fox News interview late Thursday that President Joe “Biden’s funding request for Ukraine and Israel should be handled separately.” “I think any stopgap spending bill should have conditions,” Johnson said. Market reaction At the time of writing, the US Dollar Index is
An update on US governance. The US Congress passed a last-minute stop gap bill to keep the government running for 45 days while disputing parties, and warring factions within them, try to hammer out a more enduring agreement. The House passed the band-aid spending bill on Saturday The Senate the bill later that same evening