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.
Monday, August 14, 2023
Asia stocks stall, yuan slips as China cuts rates
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