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Bankers hawk hedging as trade war hits China's yuan

The yuan has fallen about 11 % against the dollar since Washington announced its first hefty tariffs on Chinese imports 17 months ago...

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China CNPC suspends Venezuelan oil loading, worried about U.S. sanctions

As two Beijing-based senior sources told on Monday, China National Petroleum Corp, a leading buyer of Venezuelan oil, has halted August loadings...

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Goldman cuts growth forecasts for Asia's four ‘tiger’ economies

Goldman Sachs Group Inc. (NYSE:GS) slashed growth forecasts for the “Asian Tigers” as their exposure to the world economy is now backfiring...

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German economy contracts as export engine stutters

Wednesday` data showed the German economy shrank in the second quarter, dragged down by a slump in exports, as manufacturers in the country struggle...

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