A clerk dispenses yuan banknotes a bank in Hefei, Anhui province, ...
Jun 20th, 2010
(Reuters) - A clerk dispenses yuan banknotes a bank in Hefei, Anhui province, June 20, 2010. China will gradually make the yuan's exchange rate more flexible, the central bank said on Saturday, indicating that it was ready to break a 23-month-old U.S. dollar peg. REUTERS/Stringer (CHINA - Tags: BUSINESS POLITICS) CHINA OUT. NO COMMERCIAL OR EDITORIAL SALES IN CHINA -
By Pete Sweeney SHANGHAI (Reuters) - China's central bank signaled on Wednesday it was prepared to change its monetary strategy to fend off inflows of speculative capital, as Beijing struggles to control a tide of cash washing in from overseas markets. The move came as April exports blew past expectations, which appeared on the surface to indi... [Full Article]
(Reuters) - SoftBank Corp would appoint a "security director" to Sprint Nextel's board if its takeover bid succeeds, and would give the U.S. government the right to approve the nominee, an attempt to address security concerns raised by the proposed deal. Sprint said in a filing with the U.S. Securities and Exchange Commission on May ... [Full Article]
KABUL, Afghanistan (AP) - A suicide bomber dressed in a police uniform killed 14 people including a prominent provincial council chief outside the council headquarters in northern Afghanistan on Monday, authorities said. The Taliban insurgency quickly claimed responsibility. (Source: Associated Press)... [Full Article]