The yen recovers against the greenback. A lot of it is the dollar story as the dollar is coming through softer today after already yesterday seeing its steepest drop since december. But we are also sing that recovery in the renminbi, offshore yen, they are moving towards the 7. 19 handle. This recovery could help take some pressure off the pboc when it fixes the yen on monday. But of course, we have been focusing on dollaryen. The recovery this week really being driven by what we got from what is seen as intervention, but also from the stop and the dollar and the moves in the past 20 hours have been fairly steady. That does not smell like intervention. Potentially, this is that extension of position trimming, especially when you consider this chart, which shows you one fraction of the fx universe. Lets put the board again. Lets take a look at what are the movers in the stock markets today. As you flagged, it is the tech sectors in focus and apple suppliers running higher. We are also s
And vermont street on northbound 101. We will have lanes closed until 5 00 this morning. We are looking at slowandgo traffic up to the central freeway toward 80. In the southbound direction by hospital curve you do see a slight slow down of traffic but no volume to speak of. Outside, it is the san mateo bridge coming away from hayward to foster city which is a short 12 minute commute in the west direction to the peninsula. Kristen and eric . This morning, there are no reports of damage or injury after a small earthquake in samoa county but the 2. 8 earthquake was reported at 9 55. It happened two miles east east southeast of the geysers. Investigators are releasing a draft report to the massive 2012 chevron refinery fire in richmond. The board will issue new safety recommendations for chevron along with changes on regulating refineries in california. The august 6 fire sent black smoke spewing into the air and 15,000 complained of breathing problems and other health issues. The safety b
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China chipmakers catching up fast in AI, SenseTime s Xu says | Jane Zhang & David Ingles / Bloomberg businessmirror.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessmirror.com.ph Daily Mail and Mail on Sunday newspapers.