Yuan slips after signs of stability ease global nerves
Beijing guided the yuan to 7.0488 per dollar, then 7.0443 as traders eyed a stabilizing path after a sharp drop to an 11 year low. Officials promised two way fluctuation and kept the 2 percent day range, easing markets but leaving tensions over China's trade surplus and policy. Major Asian markets closed down modestly as investors weighed currency moves and potential sanctions.
MENTIONED IN THIS ARTICLE
Beijing
China
U.S
Washington
People’s Bank of China
Chris Weston
Pepperstone
Asia
Tokyo
Shanghai
Seoul
Stephen Inn
SpinDance moves to larger Holland downtown office space
SpinDance, a Holland IoT focused software designer, relocated from River Avenue to 150 E. Eighth Street above the Holland Arts Council, with a ribbon cutting at 4 p.m. Aug. 19 and an open house 6 to 8 p.m. Aug. 27 featuring demos and team meetups. about 40 employees, including remote workers, planned to grow.
MENTIONED IN THIS ARTICLE
Holland
SpinDance
Mike Ellis
River Avenue
Eighth St
Holland Arts Council
Hello
Eighth Street
Ellis
Holland Software Company
SpinDance Tech Company
Sentinel
Why US China deal slipped from prospect to standoff
The article traces a collapse of a near agreement between the United States and China on trade during 2019, noting a June cease fire failing to hold, tariff escalations on hundreds of billions in Chinese goods, and Beijing's currency move triggering currency manipulation concerns. It quotes analysts warning that both sides may forego a deal, keeping the trade war alive into the 2020 election and harming global growth. It highlights IMF cautions, central bank rate cuts, and disputes over forced tech transfers and subsidies as core sticking points.
MENTIONED IN THIS ARTICLE
Washington
Trump
China
Beijing
Donald Trump
Xi Jinping
U.S
Wendy Cutler
Asia Society Policy Institute
Midwest
U.S. Treasury Department
Timothy Keeler
Mayer Brown
U.s.-China
International Monetary Fund
Federal Reserve
Indonesia
New Zealand
Thailand
Nate
Thooft
Manulife Investment Management
United States
Philip Levy
San Francisco
Flexport
George W. Bush
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CMS Energy Corp
CMS
Chemical Financial Chfc
Fifth Third Bancorp Fite
Ford Motor Company
General Electric GE
Gentex Corp Gntx
Huntington Banchban
Ilinois Tool Works Inc
ITW
Johnson Controls Jci
Macatawa Bank Corp
MCBC
MGA Magna International
Mercantile Bank Corp Mbwm
Herman Miller, Inc
MLHR
PRGO
Perrigo Company Pfizer, Inc
PFE
Spartan Nash Sptn
Steelcase Inc. Scs
TNC Tennant Company
Whirlpool Corp Whr
Yuan
Standardkitchens.com
Chicago
Dr. Holland
Kate Carlson
Kcarlson
Hollandsentinel. Com
SentinelKate
BizHolland
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