A weakening yuan is testing Beijing's resolve as Trump's return fuels tariff worries
The question of how far and quickly the yuan will fall depends on Beijing's resolve in countering Donald Trump's tariffs with stimulus measures.
Yen on MSN10h
Most Asian markets rise after Trump AI pledge but China tariff woes return
Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump's first full day in office amid hopes he will take a more cautious approach on trade than initially feared.

China keeps benchmark lending rates unchanged

China keeps benchmark lending rates unchanged as it contends with a weakening yuan
China Keeps Loan Prime Rates Unchanged
China leaves benchmark lending rates unchanged
China Boosts Yuan Support With Warning, Capital Control Tweaks
China has ramped up its support for the yuan with tweaks to its capital controls and a vow to crack down on market disruption, after the currency dropped close to a record low against the dollar in offshore trading.
China’s inflation ends year with drop near zero despite stimulus
BEIJING: China’s consumer inflation weakened further toward zero, decelerating for a fourth straight month in a setback for government efforts to stamp out deflation and revive demand by injecting stimulus into the economy.
InvestmentNews1d
Metals fall amid tariffs warning for Canada, Mexico
Base metals declined after US President Donald Trump said he would likely enact tariffs on Mexico and Canada by Feb. 1, hurting market sentiment even as he held off from imposing levies on China.
Gold extends gain, greenback volatile after President Trump first moves in office
Treasuries gained, while China stocks saw a small decline when markets opened in Asia. Read more at straitstimes.com.
Opinion
Beijing’s US$3.2 trillion question: how much of China’s forex reserves go to Hong Kong?
The central bank's pledge to increase reserve holdings of the Hong Kong dollar shows a commitment to the city's financial hub status China's central bank chief Pan Gongsheng promised to park more of the country's US$3.
Trump announces plans for Mexico, Canada tariffs from February 1
Trump will call for a study of tariff policies, rather than immediately impose them on China, Canada and Mexico. Follow updates here.
ISS2d
The Trump threat: how worried should South Africa be?
As the world braces for Donald Trump’s return, uncertainty looms over the future of the international geopolitical landscape. While Africa has historically been a peripheral focus for the United States (US), South Africa has increasingly drawn Washington’s ire for its perceived antagonistic foreign policy positions.
Swissinfo2d
Stocks and Bitcoin Gain Before Trump Takes Office: Markets Wrap
European stocks edged higher along with US equity futures, while the dollar weakened ahead of Donald Trump’s inauguration. Bitcoin soared to a record.
Hang Seng Index: Tech Stocks Lead 2% Rally on China’s Stimulus Boost
Hang Seng jumps 2% on China’s stimulus and upbeat US-China talks. Tech stocks soar as optimism drives investor sentiment.