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Yuan ends weaker, BIS data shows China wants stable yuan - msnbc.com
SHANGHAI (Reuters) - The yuan ended a touch lower on Thursday, tracking the dollar's global movements, while traders said data issued by the Bank for International Settlements (BIS) showed that China intended to keep its currency largely stable.
Posted Date: 2012-05-17T10:08:26Z

Yuan steady, BIS data shows China wants yuan stability - Economic Times
SHANGHAI: The yuan was largely flat on Thursday after the dollar staged a mild correction globally, while traders said data issued by the Bank for International Settlements (BIS) showed that China intended to keep its currency largely stable.
Posted Date: 2012-05-17T05:50:44Z

ANZ To Invest CNY2 Billion In China Operations, Offer Yuan Services "In Weeks" - FOXBusiness
BEIJING – Australia and New Zealand Banking Group (ANZ.AU) said Tuesday it will invest an additional CNY2 billion ($317 million) in expanding its China operations. In addition, the bank's China chief executive, Charles Li, said at a press ...
Posted Date: 2012-05-15T09:20:42Z

China Kicks U.S. Private Equity Aside as Renminbi Funds Dominate - San Francisco Gate
Goldman Sachs Group Inc. announced its first yuan fund in China last May, followed by Morgan Stanley a week later. In February, TPG Capital, the Fort Worth, Texas-based buyout firm started by David Bonderman two decades ago, said it raised 4 ...
Posted Date: 2012-05-15T05:17:19Z

UPDATE: China Uses Yuan, Gold To Pay For Some Iran Crude -Sources - NASDAQ
LONDON -(Dow Jones)- China is using its currency, the yuan, and gold to pay for some of its imports of Iranian crude oil, according to Iran trade professionals. The news underscores how the Islamic Republic is able to alleviate the effect of ...
Posted Date: 2012-05-08T18:11:33Z

China Gov't Companies Continue To Post Losses - Forbes
in the first three months of this year to 438.2 billion yuan, the China Banking Regulatory Commission said in a statement on its website Thursday. The NPL ratio, the size of bad loans against total lending, fell to 0.9% from 1% in December.
Posted Date: 2012-05-18T12:30:25Z

China's yuan is at equilibrium level: People's Daily - Yahoo Finance
BEIJING (Reuters) - China's yuan is at an equilibrium against the dollar and even high in some respects, the country's main official newspaper said on Friday in remarks that could sow further tension in talks between Beijing and Washington.
Posted Date: 2012-05-04T05:16:02Z

China's Yuan Remains a Drag on U.S. Economy - Yahoo Finance
The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage. NEW YORK (TheStreet) -- Recently, Beijing announced it would ...
Posted Date: 2012-05-14T11:52:12Z

ANZ Bank China CEO: To Launch Yuan Services For China Clients "In Next Few Weeks" - FOXBusiness
BEIJING – Australia & New Zealand Banking Group Ltd. (ANZ.AU) will launch yuan products for its Chinese customers "within weeks," after it received regulatory approval last year, the bank's China chief executive, Charles Li, said Tuesday.
Posted Date: 2012-05-15T08:37:45Z

Yuan ends down as dollar gathers strength in Asian trade - Economic Times
The yuan has also been under increased depreciation pressure recently, as China's economy showed unexpected weakness in April amid worsening political and economic conditions in the euro zone. The People's Bank of China (PBOC) has recently set a ...
Posted Date: 2012-05-18T10:50:12Z