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North Korea Launches Multiple Short-Range Ballistic Missiles into Sea of Japan
Trump Reverses Decision on Houthi Airstrikes Following Saudi Crown Prince Call
People's Bank of China to Conduct 60 Billion Yuan Bill Sale in Hong Kong
China slows humanoid robot IPO rush as hype outruns reality
Why is Telix Pharmaceuticals stock sliding today?
Japan Allocates ¥6.7 Billion to Address Invasive Beetle Threats
Investors need to know you are ahead in the race to destroy humanity
Nik Storonsky’s plan for Revolut: a global bank with ‘effectively zero risk’
SoftBank Group's Proposed Dollar and Euro Notes Rated 'BB+' by Fitch
Xi rolls into Trump summit with China’s trade engine roaring
South Korean President Lee to Visit the United States and Mexico
South Korea's President Lee to Engage with Global Leaders at UN Assembly
Kurt Campbell: US-China AI Talks Won't Limit Beijing
India’s FX Reserves Dip, Snapping the Longest Rising Streak in Over Five Years
Wheat Jumps After Positive Signals From Initial US-China Talks
JPMorgan Reports Strong Oil Flows from Middle East Despite Saudi Pipeline Disruption
Oil hits over 1-week low on hopes of boost to diplomacy in Iran war
Paramount, California AG discuss concessions including $1.5 billion investment, WSJ reports
US Diesel Tops $6.50 a Gallon as Wars Worsen Global Crunch
Blackstone's Jon Gray Highlights India as Leading Private Equity Market
Europe Faces Jet Fuel Shortage, Increases Imports from South Korea
Trump ‘open’ to meeting Iranian President Pezeshkian- Fox reporter
Warehouse Complex Near Kyiv Engulfed in Flames Following Russian Drone Strike
Paramount Discussed $1.5 Billion California Investment to Clear Merger Hurdle
Hong Kong Customs Reports Significant Increase in Drug Seizures in First Half of 2026
US Inflation Remains Elevated Across Economic Sectors, Says Kashkari
SoftBank plans more than $11 bln bond sale to fund OpenAI bets, Bloomberg reports
Hang Seng stalls at 25,054 resistance cluster: Live levels
Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows
SoftBank Seeks Over $11 Billion in Junk Bonds for OpenAI Bet
Oil Tanker Shortage May Sustain Elevated Gas Prices
U.S. Administration Plans Sanctions Against International Criminal Court
Australian Banks Anticipate Reserve Bank Rate Hike to 4.60%
Goldman Sachs Predicts Rising LNG Prices Amid Gulf Constraints
Gold prices flat with focus on U.S.-China talks, Iran conflict
Volatile yen draws intervention watch, other currencies subdued
Gold Prices Steady at $4,375 an Ounce Amid Inflation Concerns
Trump-Xi Talks Could Mean $6 Billion of US Natural Gas for China
Asian Stocks and US Futures Rise, Oil Extends Drop: Markets Wrap
Gold Steadies as Traders Weigh Inflation and Fed Path for Rates
US Issues Travel Warning for Americans in Iran Amid Rising Tensions
Oil Prices Decline Amid Improved Energy Flows
Paramount could face $30m penalty for missing theater release goal- Bloomberg
Bessent proposes US-China AI safety notifications in talks with Chinese vice premier
Latest Oil Market News and Analysis for Sept. 21
People's Bank of China Sets Yuan Reference Rate at 6.7487 Against US Dollar
European Stock Futures Show Modest Gains
U.S. Administration Faces Legal and Congressional Challenges Over Research Funding Policies
Proposal Emerges Amid Dispute Over NIH Funding Oversight
U.S. and China Discuss System to Warn of A.I. National Security Issues
Iran and US trade threats after Houthi attacks escalate regional conflict
U.S. Executive Order May Enhance Oversight of Biomedical Research Funding
US and China agree to dialogue on AI ahead of Trump-Xi meeting
Al Fardan: broken banking, lazy VCs and the future of finance
Inside the UAE’s push to put quantum computing to work
Civil Defense Teams Respond to Explosion in Aleppo, Four Injured Evacuated
Tata’s Rival Camps Lawyer Up as Legal Battle Looms
Oil extends decline amid U.S.-Iran diplomacy hopes
Bank of America Predicts Two More Federal Reserve Rate Hikes This Year
U.S. Secretary of State Rubio to Hold Meetings with Iraqi, Japanese, and South Korean Officials
Trump & Xi to Meet Amidst Friction on Wars, Tech, Trade
Oil slips as investors assess Saudi export recovery
Tech leads shares higher in Asia, oil eases
Australia's S&P/ASX 200 Index Declines in Early Trading
Asian Stocks Edge Higher, Crude Oil Extends Losses: Markets Wrap
Goldman Sachs Predicts Potential Surge in Gas Prices Amid LNG Export Concerns
Fonterra Board Elections: Four Candidates Compete for Two Seats
Oaktree’s Marks Says He Wants a Less Activist Central Bank
Rupiah’s Advance at Risk as Fiscal, Rate Pressures Linger
Yuan Mid-Point Reaches Highest Level Since February 2023
The Chinese yuan's mid-point has achieved its strongest position since February 3, 2023, following a recent adjustment by the People's Bank of China. This development indicates a significant shift in the currency's valuation, reflecting the central bank's ongoing efforts to manage the yuan's exchange rate amid fluctuating economic conditions.
The People's Bank of China has been actively involved in setting the daily reference rate for the yuan, which influences its trading value against other currencies. The latest adjustment suggests a strategic move to stabilize the currency and bolster investor confidence in the Chinese economy.
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Source: KLEA News