Asia stocks stall, yuan slips as China cuts rates - Jobs World

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Monday, August 14, 2023

Asia stocks stall, yuan slips as China cuts rates

Asia stocks stall, yuan slips as China cuts rates https://ift.tt/ha4eL2o U.S. dollar hovered near 2023 highs on Asian currencies on a combination of rising U.S. Treasury yields and nervousness about the extent of crisis in China's property industry, which has been dragging down the yuan in spite of official resistance.

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