BEIJING, Dec. 15 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trade System: Currency Unit Central parity rate in yuan U.S. dollar 100 709.57 Euro 100 779.88 Japanese yen 100 4.9897 Hong Kong dollar […]

NEW YORK, Dec. 13 (Xinhua) — The U.S. dollar suffered substantial losses on Wednesday, following the Federal Reserve’s release of new economic projections suggesting a potential shift toward looser monetary policy. The dollar index, which measures the greenback against six major peers, dived 0.96 percent to 102.8694 in late trading. The Fed decided to hold […]

The US leader urged Congress to pass stalled “supplemental funds” for Kiev as he met with Ukrainian President Vladimir Zelensky US President Joe Biden has promised another $200 million in emergency military aid for Ukraine. He made the pledge during an Oval Office meeting with Ukrainian President Vladimir Zelensky on Tuesday. The meeting comes after […]

NEW YORK, New York – U.S. stock markets racked up more Christmas Season gains on Monday with industrial indices reaching yearly highs, while the Nasdaq Composite traded around a 20-month high. There was some caution about Tuesday’s CPI number, and the Producer Prices Index (PPI) the following day, as well as the Federal Reserve’s monetary […]

Chennai (Tamil Nadu) [India], December 10 (ANI): In an effort to combat the spread of monsoon-related illnesses, Tamil Nadu government organised 16,516 special medical camps and treated 7.83 lakh people. “Following Northeast Monsoon, the total number of medical camps so far conducted is 16,516 camps across Tamil Nadu. This is historic, as there have never […]

Chennai (Tamil Nadu) [India], December 10 (ANI): A detailed review meeting was held on Saturday with all the 15 zones in Chennai City to examine solid waste management, sanitation, and public health after the havoc caused by cyclone Michaung-induced floods in Chennai, Tiruvallur and Kanchipuram districts. Tamil Nadu Government Chief Secretary Shiv Das Meena said, […]

CHICAGO, Dec. 8 (Xinhua) — Chicago Board of Trade (CBOT) agricultural futures fell across the board on Friday, led by wheat. The most active corn contract for March delivery fell 2.5 cents, or 0.51 percent, to settle at 4.855 U.S. dollars per bushel. March wheat plunged 10.5 cents, or 1.63 percent, to settle at 6.3175 […]

NEW YORK, New York – AI set the scene for solid gains in technology shares on Thursday. Demand for Alphabet and Advanced Micro Devices dominated, triggering a megacap rally as hopes for artificial intelligence spiralled. “Today it’s an AMD-Google rally. There’s a contagion effect across the market. Everyone wants to get on the bandwagon,” Jay […]

NEW YORK, Dec. 6 (Xinhua) — The U.S. dollar stayed nearly flat in late trading on Wednesday amid underperforming Automatic Data Processing (ADP) job numbers and increased mortgage applications. The dollar index, which measures the greenback against six major peers, rose 0.10 percent to 104.1536 in late trading. U.S. companies added just 103,000 workers for […]

NEW YORK, New York – U.S. stocks spent most of Tuesday meandering, with the major indices closing out the day mixed. Tech stocks did best. “Today is just a little bit of an unwinding of the theme of November,” Rhys Williams, chief strategist at Spouting Rock, told CNBC Tuesday. “It’s too soon to draw any […]