European stocks find footing after Asia drops to 17-month lowEurope battled to fend off a four-day losing streak for world stocks on Tuesday, after weary investors had seen Asia stumble to a 17-month low and bond markets hit by a fresh bout of selling.
from Reuters: Business News …Read More
China promises not to weaken yuan, criticizes US concern
China promises not to weaken yuan, criticizes US concern
China's government has promised not to weaken its currency to boost exports and rejected U.S. concern about the sagging yuan as groundless and irresponsible.
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