PBOC sets yuan reference rate at 6.8994

The People's Bank of China (PBOC) has set the yuan reference rate at 6.8994 vs Wednesday's fix of 6.8992.

May 23, 2019

Gold again fails to shine in the risk-off environment

Gold is again having a tough time scoring gains despite signs of risk aversion in the financial markets. As of writing, the yellow metal is trading la

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May 23, 2019

Japan's Aso: Want to raise tax in October as planned

Japan's Finance Minister Taro Aso on Thursday said the government wants to raise the sales tax in October from 8% to 10% as planned. Aso was out on th

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