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Former U.S. Treasury Secretary Larry Summers Offers Donald Trump Some Tips
Thursday, November 10, 2016 - 2:31pm | 308Read More...Former U.S. Treasury Secretary Larry Summers was a guest on Bloomberg TV and offered some tips for Donald Trump ahead of his presidency. Currency Manipulation The conversation began surrounding currency manipulation. Specifically, Trump accused China of manipulating its currency and said that as...
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India's Central Bank On China: 'There Is Underlying Growth'
Thursday, January 21, 2016 - 2:20pm | 162Read More...India's central bank government, Raghuram Rajan, spoke to Bloomberg Television on Thursday. Speaking from the World Economic Forum in Davos, Switzerland, Rajan discussed China's economy. According to the central banker, China's economy is "not falling off a cliff" and...
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Not So Fast, Chip Investors: Sector Could Be 'Hit Hard,' Says Analyst
Friday, August 21, 2015 - 3:14pm | 464Read More...Many companies within the semiconductor/chip sector have been counting on much of their growth to come from the lucrative transition of Chinese consumers from 3G smartphones to 4G smartphones. This doesn't bode well for many companies, at least according to analysts at Chardan Global Insights. Jay...
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What The Pros Think Of China's Currency Devaluation
Tuesday, August 11, 2015 - 12:15pm | 587Read More...The Chinese central bank devalued its currency by nearly two percent late Monday at 6.2298 per US dollar. Here is a summary of what some of the top currency analysts are saying. Nomura: European Impact Explained Andy Chaytor, Nomura's UK based European Rates analyst commented in a note that direct...
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20 Stocks With The Highest Exposure To China's Lagging Economy
Tuesday, August 11, 2015 - 11:09am | 874Read More...Investors woke up on Tuesday to a surprise move in China as the country's central bank, The People's Bank of China, devalued the nation's currency to jolt its lagging economy. The central bank stated it will implement measures that will allow the yuan to weaken by nearly 2 percent....
