Rappler's latest stories on Yuan
China will not devalue renminbi to spur exports – central bank chief
'We will never use the exchange rate for the purpose of competition, nor will we use the exchange rate to increase China's exports,' says People's Bank of China Governor Yi Gang
China's currency becomes key issue in U.S. trade talks
US President Donald Trump last week said 'we have a deal' with China on the currency
Taiwan unveils new drone as tensions with China mount
Taiwan's navy shows off its new, long-range surveillance drone, the 'Rui Yuan' (Sharp Hawk), which officials say can fly for 12 hours and is now helping to monitor movements in the disputed strait between Taiwan and China
China confirms death of ex-gov't spokesman who denied Tiananmen deaths
Yuan Mu defended the Chinese government after soldiers of the People's Liberation Army fired on unarmed pro-democracy protesters
Chinese research vessel docks in Davao
(3rd UPDATE) Yuan Wang 3, which arrived in President Rodrigo Duterte’s hometown on July 16, is used for tracking and support of satellite and intercontinental ballistic missiles, according to tracking web sites
PH, Bank of China seal deal for $200-M 'Panda bond' offering
The Philippine government will be the issuer while the Bank of China will be the lead underwriter in a 1.2 billion RMB offering aimed at Chinese investors
Taiwan acquits 2 over deadly 2014 TransAsia crash
The main cause of the accident was because the flight crew did not follow the standard landing procedures the Penghu district court says in a statement
Uang rupiah baru disamakan dengan yuan, apa kata Bank Indonesia?
Berdasarkan survei BI 90 persen dari jumlah responden masyarakat membedakan masing masing pecahan uang dari warnanya
PH foreign reserves down to $85.75B in October
Reserves are down due to debt payments and the lower global price of gold but these can still cover 10 months worth of imports says the Bangko Sentral ng Pilipinas
BSP adds Chinese RMB to PH's foreign reserve currencies
The move means that the Bangko Sentral may now hold the currency to ensure it s available when needed
China cuts yuan fix in biggest move since devaluation
The People s Bank of China sets the value of the yuan at 6 6375 to the dollar the lowest level since December 23 2010
China's industrial output growth wanes
UPDATED After having the slowest growth since 2008 Premier Li Keqiang set the target growth at 6 5 to 7 but acknowledges that China will face a tough challenge this year
Taiwan 'shocked, saddened' by citizen's slay of Filipina wife
Earlier this week Rowena Kuo s dismembered body was found in her Makati home Her Taiwanese husband has been arrested
Jollibee buys out partner in China's Happy Bee
This is to support the continued growth of its flagship restaurant Yonghe Kong in China its largest food business in that market
China official says no plans to devalue yuan
I hope the rest of the world can boost confidence and have more confidence in China says Vice President Li Yuanchao
China’s economy, pork barrel scam, Duterte on TV ads | 12PM wRap
Watch the 12PM edition of Rappler s newscast The wRap
BSP eyes increasing yuan investments
Investing in the yuan remains an option for the central bank in line with its diversification policy
PH peso pierces back to P45:$1 level
PH peso closes at P45 87 to 1 October 9 the first time in nearly 2 months since the yuan devaluation and imminent US Fed interest rate hike
For the 8th time, key interest rates still unchanged
The benign inflation outlook also provides ample room to keep monetary policy settings unchanged at this time
PH balance of payments books biggest deficit
August s balance of payments at 450 million is the biggest since January 2014 when the country books a deficit of 4 48 billion
PH peso breaches P47:$1, recovers to P46.93
The weakening of the currency is not unique to the Philippines as currencies in the region continued to depreciate against the US dollar BSP Deputy Governor Diwa Guinigundo says
Philippine electronics body abandons 2015 growth target
SEIPI slashes its full year growth projection due to the downturn in major market China
When the ghosts start haunting us
There is no correlation between the ghost month and the rise or fall of the stock market It was the meltdown of China triggering the massive sell offs
Chinese tourists unfazed by currency fall, market turmoil
Aviation industry body: The short term outlook for Chinese outbound visitors remains strong and the long term is bright
Keep calm when buying, selling stocks
The plunge in Philippines stocks early this week saw a wave of panic among investors Thus it s important to pause and consider 4 things before you buy or sell stocks
Philippines' Q2 GDP growth rises to 5.6%
2ND UPDATE Although below expectations the growth is respectable and still makes the Philippines an attractive market says NEDA chief Arsenio M Balisacan
PH peso likely to breach P47:$1
The local currency could head toward P47 40 to P47 50 in the absence of global response to emerging markets risks and stability an analyst says
Worst may be over for PH stocks
A GDP number over 5 7 will probably entice buyers back to the market analysts say
Markets rally fizzles in US as China worries persist
The global markets rebound fizzle out on Wall Street as investors lock in gains and take cover from more possible turmoil
Unlike '97, Asian economies expected to bend, not break
Painful lessons learned 18 years ago have left Asian economies far more able to withstand severe shocks economists say
China sparks fresh global stock market rout
UPDATED Chinese stocks have tumbled since peaking in mid June and authorities have launched broad interventions to try to restrain the drops but concerns over stalling growth and doubts about valuations continue to drag
Philippine stocks plunge 6.7% amid global equities rout
UPDATED The August 24 plunge is the 11th biggest recorded drop for the PSE Index as total market capitalization declines P764 44 billion Monday
PH warns vs using exchange rate as trade tool
We must be mindful of the trade offs involved in using the exchange rate as a trade tool to boost competitiveness Finance Secretary Cesar Purisima says
Chinese yuan devaluation, 'big win' for PH BPO industry
The Chinese yuan devaluation weakened the peso against the US dollar providing more value to foreign based companies invested in the Philippines CBRE Philippines says
PH balance of payments exceeds 2015 target
BSP Deputy Governor Diwa Guinigundo says the surplus recorded in the first 7 months of 2015 already surpassed the BOP target of 2 billion
PH sustains hot money inflows in 7 months
Hot money outflows however decline by 2 2 to 12 99 billion from 13 28 billion
PH peso rebounds from 3-day losing streak
The exchange rate remains flexible and market determined BSP Deputy Governor Diwa Guinigundo says
BSP maintains policy rates, lowers inflation forecast
Given firm domestic demand the BSP apparently considers that the Philippine economy does not require additional stimulus from monetary policy
China cuts yuan rate more than 1% against dollar
The central bank puts the yuan s central parity rate at 6 4010 yuan for 1 0 the China Foreign Exchange Trade System says a drop of 1 11 from the previous day s 6 3306
Devaluasi yuan, waspada serbuan barang impor dari Tiongkok
Nilai tukar yuan yang terdepresiasi pasca devaluasi PBOC akan membuat harga barang impor dari negeri tirai bambu menjadi semakin kompetitif
PH peso weakens further to P46:$1
Despite the newest 5 year low record BSP s Deputy Governor Diwa Guinigundo says the peso is holding its ground and is one of the least depreciated currency in the region
NPC-Poe talks, Iqbal on BBL, China devaluates yuan| 12PM wRap
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China further devalues yuan
China cuts the value of the yuan against the dollar by 1 62 the second reduction in two days
China's yuan devaluation rattles forex market
China s central bank devalues its yuan currency by nearly 2 against the US dollar as authorities say they are seeking to push market reforms in a one time move
PH peso weakens to 5-year low
The country s central bank says currencies in the region weaken after Chinese authorities devalue their tightly controlled currency
Agar rupiah tak tembus Rp 14.000
Salah satu cara mencegah pelemahan rupiah adalah dengan menaikkan suku bunga
PH peso 2nd least volatile Asian currency so far in 2015
The peso has moved within acceptable range despite the Greek bailout and China’s stock market collapse
SEA Games: Philippines settles for silver in Men’s Team Foil
The Philippine team consisting of Nathaniel Perez and Wilfred Curioso settle for the silver medal after falling to Singapore
How China is upsetting the old global economic order
After decades of closely controlling its currency the renminbi or yuan China is now moving to internationalize it and asking that it be included in the IMF s benchmark basket of major currencies
