People’s Bank of China Governor Yi Gang said that Beijing has largely ended regular foreign-exchange intervention, and pursues a policy aimed at enhancing the ease of use of the yuan for Chinese households.
Sudan’s army is battling a rival paramilitary group at key sites across the capital and beyond, with reports of casualties in the worst violence to strike Khartoum in its modern history.
Russia said Saturday that mercenaries in the Wagner group captured two districts of the eastern Ukrainian city of Bakhmut, where battles have raged for months. The death toll from Friday’s Russian missile attack on residential buildings in Slovyansk in eastern Ukraine rose to 11, including at least one toddler found under the rubble.
The fatal stabbing of Silicon Valley executive Bob Lee with a kitchen knife on a downtown San Francisco street last week followed a night of socializing with friends, including the sister of the IT entrepreneur accused of murdering him, local prosecutors said in a court filing.
Boeing Co.’s executives had a golden opportunity to talk up the planemaker’s turnaround at its annual shareholder gathering Tuesday. Instead, they’ll be in damage control mode — again.
Treasury Secretary Janet Yellen said US lenders may pull back on credit in the wake of recent bank failures — enough to do some of the Federal Reserve’s work for it, but not enough to significantly change her economic outlook.
Teck Resources Ltd. Chief Executive Jonathan Price began last week on a blistering note, declaring a $23 billion takeover bid from Glencore Plc a “non-starter” and slamming his mining rival’s history of bribery and risk.
Argentina and the International Monetary Fund are going back to the drawing board again on the country’s $44 billion program as a record drought is expected to push the country into recession, according to an Economy Ministry official who asked not to be named to discuss upcoming changes.
Japanese Prime Minister Fumio Kishida returned to the campaign trail after being targeted by an explosive device at an event he attended in central Japan, weeks before he hosts the Group of Seven world leaders for a summit.
Russia said Saturday that mercenaries in the Wagner group captured two districts of the eastern Ukrainian city of Bakhmut, where battles have raged for months. The death toll from Friday’s Russian missile attack on residential buildings in Slovyansk in eastern Ukraine rose to 11, including at least one toddler found under the rubble.
