China’s central bank will expand the daily yuan trading band against the dollar. The announcement came after first quarter economic data that China’s gross domestic product growth had slowed to 8.1%.

China is feeling the worldwide pressure to raise the value of its currency. After refusing to consider revaluation last fall, Chinese officials are now volunteering that they are studying the problem.

Governments can take various steps to stimulate their economies, including currency revaluation. Businesses, especially those involved in international trade, can either gain or lose value based on ...

Many analysts and market watchers have been trying to figure out what the yuan's revaluation will mean. Will it be bad for technology companies that get materials from China? (See "What The Flexible ...

DAMASCUS (Reuters) -Syria will issue new banknotes, removing two zeros from its currency in an attempt to restore public confidence in the severely devalued pound, according to seven sources familiar ...

Even though the third U.S. presidential debate will tackle specific foreign policy issues, Mark McDonald of The International Herald Tribune writes that President Barack Obama and Republican ...

China's economy has grown dramatically in the last decade: it is more than twice as large as it was ten years ago. This spectacular rise means that Beijing can influence the global economy today in ...

Two of the most important and closely related economic issues today are the value of the yuan and the huge assets accumulated by China, mainly in the form of United States Treasury bills and other US ...

PRESIDENT Barack Obama, on his first visit to China this week, urged the government to allow its currency to rise. President Hu Jintao politely chose to ignore him. In recent weeks Jean-Claude Trichet ...