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Singapore also in the red. Currency markets certainly, we have the sea and why in the frame at the moment. This is as we got the story today about beijing crossing gains in the yuan as it seeks to cheapen exports and bolster weak spending. That is a theory being compounded, saying a stronger yuan is ideal for beijing at a time when president xi is pushing for a more selfreliant economy. That is where we are with the currency markets. Yvonne yeah. Interesting call there. Thats more analysis with eddie cheung, e. M. Strategist. This all about shifting to more selfreliant economy in china. Given the gains we have seen in the renminbi, is it sustainable and how much tolerance is there for further yen strength . Eddie well, i think we certainly do believe there is more room for the cn wide to gain. First in terms of the dollar view, we think the dollar still has more room to go lower. We look at the indices, we are only at about three month highs. We are still below where we are in terms of ....
On his roof every day. Its good to have you with us the calm beauty of hong kongs famous skyline hides a city under siege residents who for months had been dealing with the fallout of prodemocracy protests contending with the onslaught of the brick the city has reported at least 102 people have died the disease has forced people to either. Walk from home on instructions of their employer as we look at one family dealing with confinement at home so we have. Ours ready for a possible walk down. There our family have been spending a lot of time indoors as the city battles to contain the coronavirus parents have a battle with boredom on their hands. With schools closed to the children digging into studies alone and with dereks company telling staff to work from home the Kitchen Table has become a coworking space hong kong is still free to go outside though the virus is a rival brought an abrupt end to large gatherings like the months o ....
Labor unions in africa are warning of a brain drain to europe. This is the w Business Model 1st in berlin welcome asian markets mostly steady on monday after the corona Virus Outbreak triggered the worst week of losses since the 2008 financial crisis last weeks rout was reversed slightly as bargain by as moves in an investors bet on Interest Rate cuts shanghai lead the pack gaining 3 percent japan rebounded from opening losses after the central bank said it would provide support the regions gains came despite chinese Industry Data which showed manufacturing fell in february to its lowest level on record. Oh many countries are now trying to mitigate the effects of the virus on their economies but currently its many supplies are in china so there are only limited option ....